Inflation rose to 15.2% in March 2026, driven by higher energy and food prices. The Central Bank of Egypt kept its key policy rate unchanged at 19.5% in April, while international reserves reached $52.8 billion, supported by continued International Monetary Fund (IMF) assistance.
The signed agreements included the electricity grid enhancement project agreement between the Egyptian Electricity Transmission Company and the EBRD.
For FY2025/2026, the lender continues to project growth at 4.4%, while keeping its 2026 outlook unchanged at 4.5%.
Through its Private Sector Engagement Unit, the ministry will play a central role in connecting small and medium-sized enterprises (SMEs) applying via the “Hafiz” platform with member banks of the Federation of Egyptian Banks, ensuring these businesses gain access to crucial financial and technical support.
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.
