The agency also forecast that nominal GDP will rebound to $324.5 billion by the end of 2025, after slipping to $306.9 billion in 2024, compared to $331.6 billion in 2023.
These improvements are anticipated to stem from stronger private consumption, increased investment and easing monetary conditions.
The forecast, released Monday in the bank’s Monetary Policy Report, points to a rebound after two years of sluggish activity.
The EBRD now expects Egypt’s real GDP to grow by 3.8% in FY2024/2025, up from 2.4% in the previous fiscal year, and to reach 4.4% in FY2025/2026.
The new forecast marks a 0.3 percentage point increase from its previous estimate in October, reflecting optimism that easing inflation and stronger private consumption will help reinvigorate the economy
