19 Hrs
Source:
Sky News
Reuters poll shows steady Egypt growth
Reuters surveys have shown that the Egyptian economy maintained steady growth of 4.8% for the fiscal year ended in June, with expectations of a slowdown to 4.5% in 2026-2027, followed by a rebound to 5.3% in 2027-2028. Despite challenges such as the anticipated rise in inflation to 13.5%, the Egyptian economy has demonstrated high resilience, with foreign exchange reserves increasing to $55 billion, improvements in tourism revenues and the Suez Canal, and record figures in both reserves and economic growth.
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