{"id":666663,"date":"2025-06-11T00:00:00","date_gmt":"2025-06-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/11\/world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged\/"},"modified":"2025-06-11T00:00:00","modified_gmt":"2025-06-11T00:00:00","slug":"world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/11\/world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged\/","title":{"rendered":"World Bank keeps our FY 2024-25 growth forecast unchanged"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends, and welcome to the almost-weekend.<\/strong> The already summering news cycle is winding down yet again in anticipation of the end of a short week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>World Bank reaffirms its predictions for Egypt\u2019s growth outlook in FY 2024-2025:<\/strong> The World Bank sees the Egyptian economy growing at a 3.8% clip in the fiscal year 2024-2025, keeping its outlook unchanged from its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fe066ae1-7fba-4b02-aff2-5d58dc2c6105\/%253cmark%253eworld-bank%253c%2Fmark%253e-upgrades-growth-forecast-to-3.8%2525-for-current-fiscal-year\" style=\"\" rel=\"noopener\">April<\/a> forecast, the international lender said in its latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/544.pdf\" style=\"\" rel=\"noopener\">Global Economic Prospects report (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Growth should improve further down the line:<\/strong> The bank sees growth rising to 4.2% in FY 2025-2026 and 4.6% in FY 2026-2027, driven by \u201cstronger private consumption, higher private investment \u2014 spurred by the implementation of the investment deal with the United Arab Emirates and anticipated monetary easing \u2014 and a gradual rebound in manufacturing activity,\u201d the report reads.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c562ed77-4ac6-4793-87cb-2c1cea998969\/external-debt-servicing-up-37%25-in-1h-fy2024-25\" style=\"\" rel=\"noopener\">agreement<\/a><\/strong><strong> between the US and China to revive their trade truce continues to dominate <\/strong><strong>headlines.<\/strong> The agreement would lift restrictions on China\u2019s exports of rare earth minerals and magnets, as well as recent US export controls. Delegations from both country will present the plan to US President Donald Trump and his Chinese counterpart Xi Jinping for final approval. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-10\/us-china-officials-say-consensus-reached-on-geneva-framework?srnd=homepage-middle-east&embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/f5a904c2-1ba7-47b4-a506-b9db7e899704\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/us-china-trade-talks-resume-second-day-2025-06-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>We\u2019ll be seeing a repeat of today\u2019s weather tomorrow in the capital, with the mercury peaking at 37\u00b0C during the day and cooling to 24\u00b0C at night, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends, and welcome to the almost-weekend. The already summering news cycle is winding down yet again in anticipation of the end of a short week. THE BIG STORY TODAY- World Bank reaffirms its predictions for Egypt\u2019s growth outlook in FY 2024-2025: The World Bank sees the Egyptian economy growing at a 3.8% clip [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":666664,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[633,634,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-666663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-what-were-tracking-tonight","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"e5bc3302-213d-40d7-a87d-a8054b46cb68","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/3\/1608.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[666661],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.71cc40c5-8e04-4b47-8455-638ebcb09b6c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>World Bank keeps our FY 2024-25 growth forecast unchanged - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/06\/11\/world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank keeps our FY 2024-25 growth forecast unchanged\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and welcome to the almost-weekend. The already summering news cycle is winding down yet again in anticipation of the end of a short week. THE BIG STORY TODAY- World Bank reaffirms its predictions for Egypt\u2019s growth outlook in FY 2024-2025: The World Bank sees the Egyptian economy growing at a 3.8% clip [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/06\/11\/world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-11T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1608.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/06\/11\/world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/06\/11\/world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"World Bank keeps our FY 2024-25 growth forecast unchanged\",\"datePublished\":\"2025-06-11T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/06\/11\/world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged\/\"},\"wordCount\":274,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/06\/11\/world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1608.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"WHAT WE\u2019RE TRACKING TONIGHT\",\"World Bank\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/06\/11\/world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/06\/11\/world-bank-keeps-our-fy-2024-25-growth-forecast-unchanged\/\",\"name\":\"World Bank keeps our FY 2024-25 growth forecast unchanged - 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to 4.6% in FY 2025-26","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1217.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":588171,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/07\/world-bank-cuts-egypt-growth-outlook\/","url_meta":{"origin":666663,"position":1},"title":"World Bank cuts Egypt growth outlook","author":"enterpriseam admin","date":"7 June 2023","format":false,"excerpt":"The lender expects the economy to remain flat at 4.0% next year before rising to 4.7% in 24-25","rel":"","context":"In 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