Inflation is expected to moderate significantly, from 33.3% in 2024 to 20.4% in 2025 and 11.8% in 2026.
This performance pushed overall annual growth to 4.4% for FY2024/2025, up from 2.4% the year before, exceeding initial targets.
According to the report, several sectors contributed to the acceleration in growth, particularly non-oil manufacturing, tourism, information and communications technology (ICT), and trade-related transportation and storage.
However, the improvement is expected to mask a widening trade deficit and declining Suez Canal revenues.
Over the past six years, Egypt has been able to achieve financial discipline and budget targets, as it succeeded in achieving a primary surplus averaging 1.3% of GDP.
