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The International Monetary Fund has raised its economic growth forecast for Egypt to 4.7% for 2027, as Egypt continues to implement economic and financial reforms that have led to improvements in financial indicators. Minister of Finance Ahmed Kjouk confirmed that Egypt is committed to reducing its external debt by approximately 1 to 2 billion dollars annually, while working on diversifying sources of financing and lowering borrowing costs. The government is also focusing on increasing the private sector's contribution, improving the conditions of public debt, and ensuring the sustainability of its debt reduction efforts. Additionally, efforts are being made to boost exports, expand trade in new markets, and support human development and investment initiatives.
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