World Bank cuts Egypt’s GDP growth for FY 2023/24 to 2.8%
The bank’s forecast is a 0.7 percentage point downward revision from its last assessment
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The bank’s forecast is a 0.7 percentage point downward revision from its last assessment
The Madbouly government now sees the economy growing at a 4.2% clip in fiscal year 2024-2025
OECD says confidence in public finances must be restored to lure back foreign capital
Economic growth could be further hit by the extension of a regional conflict.
The government sees the economy growing at a 4.7% clip in the coming fiscal year
The country’s planning minister has forecast 3.5% growth this fiscal year, a 0.7 percentage-point downgrade from her previous estimate last…
Egypt recorded growth of 3.8% in FY 22-23, with forecasts for FY 2023-24 at 4.2%
Saudi and MENA growth outlooks are also cut in the latest update to the World Economic Outlook
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