{"id":674020,"date":"2025-10-22T00:00:00","date_gmt":"2025-10-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/"},"modified":"2025-10-22T00:00:00","modified_gmt":"2025-10-22T00:00:00","slug":"imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/","title":{"rendered":"IMF upgrades our FY 2025-26 growth forecast to 4.5%"},"content":{"rendered":"

The International Monetary Fund (IMF) now sees Egypt\u2019s real GDP growing by <\/strong>4<\/strong>.5% in the 2025-2026 fiscal year<\/strong>, a 0.4 percentage points increase from its latest forecast in July<\/a>, according to the fund\u2019s latest Regional Economic Outlook (pdf)<\/a>. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The IMF\u2019s upward revision aligns with the Madbouly government <\/strong>forecast<\/a><\/strong> of 4.5% growth during the current fiscal year and is more optimistic than the World Bank\u2019s<\/a> 4.3% forecast and the European Bank of Reconstruction and Development\u2019s<\/a> 4.4% forecast.<\/p>\n

Driving the growth: <\/strong>The upgrade was supported by an uptick in remittance<\/a> inflows from Egyptians abroad and an increase in tourism revenues<\/a>, both of which are helping improve our current account<\/a> balance, the IMF said.<\/p>\n

Egypt\u2019s external position is projected to strengthen gradually in the medium term<\/strong> as tourism inflows gain more momentum and exports are expected to see a boost as regional trade normalizes, the fund says. <\/p>\n

But elevated borrowing costs remain a key vulnerability for Egypt<\/strong>, with the banking system holding large shares of sovereign bonds on its balance sheet, the IMF warns. However, public debt is expected to \u201cstabilize at, or modestly decline from, relatively high levels.\u201d In the new public debt strategy<\/a>, the Finance Ministry aims to bring public debt down to below 75% of GDP within three years, compared to 85% in the last fiscal year, while cutting debt servicing costs to 7% of GDP and extending debt maturity to five years.<\/p>\n

Inflation outlook remains positive:<\/strong> The IMF sees inflation slowing to 11.8% next year, which is a significant decline from the rates observed in the previous years, Jihad Azour, director of the IMF's Middle East and Central Asia Department, said in a press briefing<\/a>. This downward path will be buoyed by the \u201cwaning effects of past currency depreciation and energy price hikes,\u201d according to the report. In July, the IMF projected<\/a> inflation reaching 15.3% on average during FY 2025-26, before cooling down to 10.7% on average in the upcoming fiscal year.<\/p>\n

REMEMBER- <\/strong>Annual headline urban inflation fell by 0.3 percentage points in September<\/a> to end the month at 11.7%. The fall marked the fourth consecutive month of easing price inflation and the lowest annual figure since March 2022.<\/p>\n

\n

OTHER KEY TAKEAWAYS-<\/p>\n

Discussion between the Madbouly government and the IMF regarding <\/strong>the combined fifth<\/a><\/strong>and sixth reviews<\/a><\/strong> of our USD 8 bn loan program are expected to conclude in Q4 2025<\/strong>, Azour told Reuters<\/a>. It is yet to be determined when the anticipated IMF mission will land in Egypt for the reviews. <\/p>\n

Recent consultations held between the two sides touched on several areas<\/strong> \u2014 including improving the business environment and giving more space to the private sector in the economy to support growth and create jobs, according to Azour.<\/p>\n

It is not necessary to extend the current program<\/strong>, Azour said. <\/p>\n

The IMF is currently working on two main pillars. <\/strong>The first is accelerating the role of the private sector in the economy and protecting Egypt from any disturbances. The other is protecting the social system by \u201ctransforming parts of the public expenditure to be more targeted and provide more support for the most vulnerable categories through targeted policies, and by creating a bigger space of the public expenditure to support the most vulnerable,\u201d Azour added.<\/p>\n

\"We encourage the authorities to accelerate the implementation of two important <\/strong>milestones<\/strong> \u2014 divestment and increasing the level of clarity under some of the state-owned enterprises,\u201d Azour told Reuters.<\/p>\n

The Gaza peace <\/strong>agreement<\/a><\/strong> will have a positive impact on the Egyptian economy<\/strong>, which has managed to adapt to the shocks.<\/p>\n

\n

THE REGIONAL OUTLOOK-<\/p>\n

The MENA region\u2019s outlook was revised upward by 0.1 percentage points<\/strong> from July\u2019s forecast to 3.3% in 2025, while the projection for next year\u2019s growth was also revised upward by 0.3 percentage points to 3.7%. The fund now expects the region's GDP to remain broadly steady over the medium term.<\/p>\n

\u201cEconomic activity in the Middle East and North Africa has shown remarkable resilience, <\/strong>despite persistent global uncertainty <\/strong>and heightened geopolitical tensions. The region has largely avoided direct fallout from higher US tariffs and global trade restrictions. And while recent tensions have raised concern, their impact has been limited and short-lived,\u201d Azour said in a press briefing (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The upgrade was supported by the rise in inflows from remittances and an increase in tourism revenues<\/p>\n","protected":false},"author":1,"featured_media":674021,"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":[7206],"tags":[104,72,272],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-674020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy","tag-enterpriseam","tag-imf","wpautop","entry"],"acf":{"mongo_id":"15655e2a-ede9-403c-9ce4-f62cdf34edf6","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/10\/1071.jpg","photo_position":"above","homepage_title":"","full_issue_title":"IMF upgrades Egypt\u2019s FY 2025-26 growth forecast to 4.5%","related_issue":[674015],"teaser":"The upgrade was supported by the rise in inflows from remittances and an increase in tourism revenues","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.ebb395c1-915d-49ab-9233-2abe995b4e93.mp3"},"yoast_head":"\nIMF upgrades our FY 2025-26 growth forecast to 4.5% - 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\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF upgrades our FY 2025-26 growth forecast to 4.5%\" \/>\n<meta property=\"og:description\" content=\"The upgrade was supported by the rise in inflows from remittances and an increase in tourism revenues\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-22T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IMF upgrades our FY 2025-26 growth forecast to 4.5%\",\"datePublished\":\"2025-10-22T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/\"},\"wordCount\":715,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"IMF\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/\",\"name\":\"IMF upgrades our FY 2025-26 growth forecast to 4.5% - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-10-22T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IMF upgrades our FY 2025-26 growth forecast to 4.5%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IMF upgrades our FY 2025-26 growth forecast to 4.5% - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/","og_locale":"en_US","og_type":"article","og_title":"IMF upgrades our FY 2025-26 growth forecast to 4.5%","og_description":"The upgrade was supported by the rise in inflows from remittances and an increase in tourism revenues","og_url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2025-10-22T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"IMF upgrades our FY 2025-26 growth forecast to 4.5%","datePublished":"2025-10-22T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/"},"wordCount":715,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?fit=%2C&ssl=1","keywords":["economy","EnterpriseAM","IMF"],"articleSection":["Economy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/","url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/","name":"IMF upgrades our FY 2025-26 growth forecast to 4.5% - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?fit=%2C&ssl=1","datePublished":"2025-10-22T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/imf-upgrades-our-fy-2025-26-growth-forecast-to-4-5\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"IMF upgrades our FY 2025-26 growth forecast to 4.5%"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1071.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":579158,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/29\/economy-to-grow-4-8-this-fiscal-year-reuters-poll\/","url_meta":{"origin":674020,"position":0},"title":"Economy to grow 4.8% this fiscal year -Reuters poll","author":"enterpriseam admin","date":"29 January 2023","format":false,"excerpt":"The economy could grow more than the gov\u2019t thinks this fiscal year: The economy will grow at a 4.8% clip in FY 2022-2023, according to a Reuters poll of economists. That\u2019s down from 6.6% last year, but above government forecasts. The Madbouly government is currently predicting GDP growth to come\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/473.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570803,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/15\/the-coronavirus-will-trigger-the-worst-global-recession-since-the-great-depression-in-mena-only-egypts-economy-will-grow-this-year-imf\/","url_meta":{"origin":674020,"position":1},"title":"The coronavirus will trigger the worst global recession since the Great Depression; in MENA, only Egypt\u2019s economy will grow this year \u2013IMF","author":"enterpriseam admin","date":"15 April 2020","format":false,"excerpt":"The coronavirus will trigger the worst global recession since the Great Depression, the IMF predicts: The world is facing its greatest economic crisis since the Great Depression as output plummets at a record pace in response to the \u201cGreat Lockdown\u201d put in place to contain covid-19, the IMF warned yesterday.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/138.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579278,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/imf-trims-egypt-growth-forecast\/","url_meta":{"origin":674020,"position":2},"title":"IMF trims Egypt growth forecast","author":"enterpriseam admin","date":"1 February 2023","format":false,"excerpt":"The IMF has cut its economic growth forecast for Egypt, saying it sees GDP growing 4.0% this year, a 0.4 percentage point trim from its previous forecast in October, according to its updated World Economic Outlook released yesterday (here and here, pdf). That\u2019s in line with forecasts from the Madbouly\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/3.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546048,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/26\/imf-expects-slimmer-narrowing-of-egypts-budget-deficit-this-fiscal-year\/","url_meta":{"origin":674020,"position":3},"title":"IMF expects slimmer narrowing of Egypt\u2019s budget deficit this fiscal year","author":"enterpriseam admin","date":"26 April 2022","format":false,"excerpt":"Egypt\u2019s budget deficit is expected to narrow to 6.8% by the end of the current fiscal year, the IMF said in its latest Fiscal Monitor Report (pdf). This is 0.5 percentage points higher than the IMF\u2019s previous forecast for FY 2021-2022, which penciled in a 6.3% deficit. The deficit stood\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/353.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594591,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-economy-to-grow-4-5-this-fiscal-year-before-accelerating-to-6-0-in-fy2021-2022\/","url_meta":{"origin":674020,"position":4},"title":"Egypt\u2019s economy to grow 4.5% this fiscal year before accelerating to 6.0% in FY2021-2022","author":"enterpriseam admin","date":"2 September 2019","format":false,"excerpt":"Egypt\u2019s economy will grow at a 4.5% clip this fiscal year before accelerating to 6.0% in FY2021-2022, the Economist Intelligence Unit (EIU) said in a report last week (pdf). The forecast for the current fiscal year is much more modest than the government\u2019s targetof 6.0% outlined in the state budget.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1476.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":585192,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/12\/rising-rates-risk-global-growth-imf-warns\/","url_meta":{"origin":674020,"position":5},"title":"Rising rates risk global growth, IMF warns","author":"enterpriseam admin","date":"12 April 2023","format":false,"excerpt":"\u201cChances of a hard landing have risen sharply,\u201d IMF warns","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/519.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/674020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=674020"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/674020\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/674015"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/674021"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=674020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=674020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=674020"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=674020"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=674020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}