42 Days
Source:
CNN Arabic
Egypt: IMF Lowers Economic Growth Forecast Amid Economic Pressures
The International Monetary Fund has lowered its forecast for Egypt's economic growth in the 2026/2027 fiscal year to 4.4%, down from its previous estimate of 4.8%. This adjustment reflects expectations that regional tensions will have a greater impact on investment and financing costs amid ongoing uncertainty. Conversely, the IMF has raised its growth projection for the 2025/2026 fiscal year to 4.6%, following better-than-expected economic performance in the third quarter. The Egyptian government aims to achieve growth between 5.2% and 5.4% this year, with a focus on increasing investments and strengthening the private sector to face current economic challenges.
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