IMF expects Egypt’s economy growth rises to 3.8% for FY 2025 - Egyptian Gazette

IMF expects Egypt’s economy growth rises to 3.8% for FY 2025 - Egyptian Gazette

CAIRO – Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, said that Egypt’s economy is improving, with growth expected to hit 3.8% for fiscal year 2025, rising to 4.3% in 2026. During a press conference, the IMF official stated that this recovery comes despite global pressures and is supported by Egypt’s economic reform program, updated in March to address challenges such as reduced Suez Canal revenues. He added that th…