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Egypt's economy grows resilient to shocks
The Ministry of Finance confirms that Egypt's economic and financial reforms have led to fiscal stability, improved reserves, and accelerated economic growth, despite the challenges posed by rising debt service costs, which the ministry is working to reduce more rapidly. Reserves increased to $57 billion in September 2026, and government debt decreased to 81.9% of GDP in June 2026, with tax revenues growing to 13% of GDP. Moody’s expects strong economic growth to continue supported by ongoing reforms and fiscal discipline, as the ministry aims to increase spending on health, education, and social protection to promote sustainable growth.
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