IMF chief Kristalina Georgieva reaffirmed strong support for Egypt during talks with President El-Sisi in Kenya.
In its latest Monetary Policy Report, the central bank projected average annual headline inflation to range between 16% and 17% in 2026, and between 10% and 13% in 2027, compared with 27.4% recorded last year.
According to the statement, the monthly inflation rate for January 2026 stood at 1.5%, compared to 0.1% in December 2025.
Egypt’s gold pound holds near record highs at EGP 56,600 as Fed pauses and safe-haven demand boosts bullion.
On a monthly basis, urban inflation rose 1.8% in October compared with September.
