Arab Finance: The International Monetary Fund (IMF) has upgraded its forecasts for Egypt’s real gross domestic product (GDP) growth for the fiscal year (FY) 2024/2025 by 0.2%, expecting it to hit 4%, according to the World Economic Outlook (WEO) report for July 2o25.
This is compared to the IMF's projection of 3.8% in its April outlook report.
However, the IMF trimmed its GDP forecasts for Egypt in FY2025/2026 to 4.1%, which is 0.2% lower than April's WEO projection of 4.3%.
The fund revised its expectations for the global economic growth due to front-loading ahead of tariffs, lower effective tariff rates, better financial conditions, and fiscal expansion in some major jurisdictions.