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IMF raises Egypt’s FY2025/26 GDP growth forecast to 4.5%

The International Monetary Fund (IMF) has revised upward its forecast for Egypt’s real gross domestic product (GDP) growth in fiscal year (FY) 2025/2026 to 4.5%, up from its July estimate of 4.1%, according to the IMF’s World Economic Outlook report for October 2025.

Updated 10/15/2025 1:55:00 AM
IMF slashes Egypt's economic growth forecast for FY2024/25 by 0.5%

The International Monetary Fund (IMF) has cut its forecast for Egypt's real gross domestic product (GDP) growth by 0.5% and 1% for the current and next fiscal years (FYs) 2024/2025 and 2025/2026.

Updated 1/18/2025 9:28:00 AM
Egypt’s economy expected to grow 4% in FY2024/25: Reuters poll

Egypt's economic growth for the current fiscal year (FY) 2024/2025 is projected to hit 4%, according to a Reuters poll.

Updated 7/24/2024 6:24:00 AM
IMF lowers Egypt's economic growth forecast for FY2024/25 by 0.3%

The International Monetary Fund (IMF) has slashed its forecast for Egypt's real gross domestic product (GDP) growth by 0.3% for both the previous and current fiscal years (FYs), according to July’s World Economic Outlook Report.

Updated 7/17/2024 4:50:00 AM
Morgan Stanley revises Egypt's GDP forecast for FY2024/25 to 4.8%

Morgan Stanley has revised Egypt's gross domestic product (GDP) forecast for the fiscal year (FY) 2024/2025 upward to 4.8%, up from a previous estimate of 4.3%.

Updated 7/14/2024 12:49:00 PM
HC Securities expects 5-year CAGR of 24% in CIB’s net income

HC Securities and Investment is expecting the Commercial International Bank’s (CIB) net income to grow at a five-year compound annual growth rate (CAGR) of 24% from 2023 to 2028.

Updated 7/7/2024 2:58:00 AM
World Bank cuts forecast for Egypt’s GDP growth in FY2023/24

The World Bank Group (WBG) has downgraded its projection for Egypt’s real gross domestic product (GDP) growth for the current fiscal year (FY) 2023/2024 to 2.8%, down from a previous forecast of 3.5%.

Updated 4/16/2024 7:33:00 AM
World Bank cuts forecast for Egypt’s GDP growth in FY2023/24

The World Bank Group (WBG) has trimmed its projection for Egypt’s real gross domestic product (GDP) growth for the current fiscal year (FY) 2023/2024 to 3.5%, down from a previous forecast of 4%.

Updated 1/10/2024 12:14:00 PM
Egypt downgrades economic growth forecast to 3.5% in FY2023/24: Elsaid

The Egyptian government has downgraded its economic growth forecast for the fiscal year (FY) of 2023/2024 by 0.7% to 3.5%, Minister of Planning and Economic Development Hala Elsaid revealed.

Updated 12/4/2023 7:19:00 AM
Egypt’s external accounts management nears its limits: BNP Paribas

Egypt's external accounts management, including buying time with external backing between two severe exchange rate changes, is nearing its limits, according to a report by BNP Paribas.

Updated 10/19/2023 11:32:00 AM
Remittances from Egyptians abroad to rebound in 2023: World Bank

The World Bank projects remittance flows to Egypt to increase by 3.1% in 2023 followed by a decline by 1.4% in 2024.

Updated 6/19/2023 8:35:00 AM
HC expects CBE to keep interest rates on hold

HC Securities and Investment expects the Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) to leave interest rate unchanged in its upcoming meeting.

Updated 6/18/2023 12:20:00 PM
World Bank trims forecast for Egypt’s GDP growth in FY2023/24

The World Bank Group (WBG) has slashed its projection for Egypt’s real gross domestic product (GDP) growth for both fiscal years (FY) 2022/2023 and 2023/2024 to 4% each, according to the bank’s June 2023 Global Economic Prospects report.

Updated 6/7/2023 7:47:00 AM
EBRD lowers Egypt’s GDP growth forecast for FY 2022/23

The European Bank for Reconstruction and Development (EBRD) has downgraded its forecast for Egypt’s gross domestic product (GDP) growth to 4.0% for fiscal year 2022/2023, 0.7% down from its previous forecast in February.

Updated 5/17/2023 9:30:00 AM
Egypt upgrades budget deficit target for FY2023/24 to 7% of GDP

Egypt has upgraded its budget deficit forecast for fiscal year (FY) 2023/2024 to 7% of gross domestic product (GDP) from the previous forecast of 6.3%.

Updated 5/8/2023 11:27:00 AM