Skop Minister Fattah Offers Different Growth Outlook
The Minister of Economy and Finance, Nadia Fattah, highlighted the country's economic growth forecasts, confirming that growth will reach approximately 5.3% in 2026 and 4.1% in 2027. These figures are higher than those projected by the High Planning Commission, which anticipates growth of 4.8% in 2026 and 3% in 2027. She explained that the expected slowdown in 2027 is primarily due to the agricultural sector returning to its usual pace after a significant rebound in 2026, rather than a decline in core economic activity. She added that growth will continue to be supported by sustained expansion of non-agricultural activities at an average rate of around 4.4%, which is relied upon to ensure sustainability and create job opportunities. There will be a focus on diversifying sectors and expanding production capacity to better cope with seasonal fluctuations in agriculture. Although these forecasts are subject to updates based on international and domestic data, the ministry expects the national economy to continue achieving growth exceeding 4% in 2027, driven by diverse and robust growth engines.
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