_1777352142843_145525226.png&w=64&q=75){kind=small}
_1777352244987_250242181.png&w=64&q=75){kind=small}
Fitch Highlights Egypt's Growth and Reserves
Fitch Ratings agency confirmed that the Egyptian economy possesses relatively high growth potential, supported by improving economic indicators. International reserves increased by $5.5 billion, reaching $54.4 billion by August 2026. The agency noted that Egypt maintained a flexible exchange rate policy despite challenges, which enhanced the credibility of its monetary policy. It predicted that the government's deficit would decrease to less than 5% of GDP by 2028, with a growth rate accelerating to 5.1% during 2025/2026, driven by improvements in the tourism sector, export industries, and increased household consumption.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)