Egypt’s economy is expected to grow when IMF initiatives are implemented

According to a Reuters poll released Thursday, as austerity measures implemented under an International Monetary Fund program come to an end, Egypt’s economic growth will rise to 4.0% in the year ending June 2025.

According to the median prediction of 13 economists surveyed by Reuters between October 9 and October 23, GDP growth will then pick up speed, reaching 4.7% in 2025–2026 and 5.3% in 2026–2027.

According to central bank data, GDP growth in 2023–2024 dropped to 2.4% from 3.8% the previous year due to a currency crisis and the war in nearby Gaza, which has reduced Suez Canal revenue and decreased tourism.