Reuters expects Egypt’s economy to grow by 4.6% in the fiscal year ending June 2026, supported by lower inflation and interest rates, along with increased exports driven by the local currency’s depreciation.
GDP growth is also projected to reach 4.9% in 2026 and 5.3% in the 2027/2028 fiscal year. Growth had slowed to 2.4% in 2023/2024 but rebounded after March 2024 when Egypt sharply devalued its currency and raised interest rates as part of an $8 billion IMF support package. The devaluation boosted tourism and remittances from Egyptians abroad.
