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مصراوي
IMF raises Egypt growth forecast to 4.7%
The International Monetary Fund has raised its growth forecast for Egypt's economy to 4.7% for the current fiscal year, up from an earlier prediction of 4.4%. It has also updated its estimate for last year's growth to 5.1%, aligning with actual growth figures. Egypt aims to achieve a growth rate of 5.4% during the current fiscal year to support improvement in economic indicators, despite expectations that inflation will rise to 14.8% and the current account deficit to 4.9%. Additionally, the Fund forecasted a slowdown in global growth to 3.1% in 2026 and an increase in global inflation to 4.7%.
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