Kozack said the IMF team will discuss the policies and measures needed to achieve the program’s objectives and support a strong, sustainable economic path that benefits all Egyptians.
IMF chief Kristalina Georgieva reaffirmed strong support for Egypt during talks with President El-Sisi in Kenya.
Azour said Egypt’s policy response has been “notable” in its efforts to manage spillovers from the conflict, speaking at the launch of the IMF’s April 2026 Regional Economic Outlook on the sidelines of the Spring Meetings of the IMF and World Bank.
In its latest World Economic Outlook report, the Fund further reduced its growth forecast for Egypt for the next fiscal year by 0.6 percentage points to 4.8%, while raising the projected average inflation rate for the current fiscal year to 13.2%, compared with 12.4% previously.
For the next fiscal year, the IMF also lowered its forecast for Egypt’s growth to 4.8%, compared to 5.4% in its previous estimates.
