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المصري اليوم
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Source: المصري اليوم
20 Hrsالمصري اليوم
Source: المصري اليوم
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Experts said that the Central Bank of Egypt’s decision to raise interest rates by 1% could put further pressure on the prices of goods, particularly products that rely on imported inputs, despite the move’s aim of containing inflation and limiting the pass-through of a rising dollar to consumers. Domestic debt interest payments could increase by around EGP 120 billion, while the 2026/2027 budget deficit is expected to reach about 5.1% of GDP. A one-pound increase in the exchange rate would also add around EGP 5 billion to interest payments on external debt.
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