Egypt, GCC decouple from a West at risk of stagflation in 2026
The bank sees real GDP in Egypt projected to hit 4.5% this fiscal year
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The bank sees real GDP in Egypt projected to hit 4.5% this fiscal year
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Growth is projected to accelerate to 4.8% in the next fiscal year
Growth is projected to accelerate to 4.8% in the next fiscal year
The bank now expects the USD/EGP to reach 47.5 by the end of 1Q 2026 and EGP 49 by year-end
Interest payments consumed over 96% of the state’s total budget revenues during 5M FY 24-25
The growth is backed by ongoing economic and structural reforms
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