Egypt predicts economic growth to reach 4.2% by end of FY2024: Minister of Investment

Thu, 08 Aug 2024 - 01:14 GMT

The investment minister also disclosed that they anticipate a growth rate of 5.5 percent in the coming FY, with projections at 6.5 percent by 2030

IMF adjusts Egypt’s economic forecast with more positive outlook post-3rd review

Wed, 31 Jul 2024 - 04:18 GMT

Following the competition of its 3rd review of Egypt’s extended fund facility (EFF), the International Monetary Fund (IMF) revised its forecast for Egypt’s growth rate, projecting a 4 percent for FY2024/2025 with inflation to fall below 15 percent.

Reuters Poll: Egyptian economy growth to slow to 4% in current FY

Wed, 24 Jul 2024 - 12:31 GMT

This forecast is only slightly below the International Monetary Fund’s (IMF) expectations of 4.1 percent after its latest revision, followed by the World Bank and Egypt’s own forecast of 4.2 percent

IMF predicts 2.7% growth in Egyptian economy during current FY, with slight recovery in FY25

Tue, 16 Jul 2024 - 04:36 GMT

Globally, growth projections remain stable at 3.2 percent for 2024 and 3.3 percent for 2025