I wonder how international institutions see the Egyptian economy, and how they classify it, and will their provisions have a positive impact on the internal markets soon, and will all of this be reflected positively on the life of the ordinary citizen.. We will tell you all the details in this report, so follow us until the end.
Now, there is great international interest in the performance of the Egyptian economy, and there are many expectations from international institutions that growth rates will rise for the next fiscal year at a very rapid pace, and this applies to the goals announced by the state.
According to reports issued by international institutions, such as the Monetary Fund, the World Bank, the European Bank for Reconstruction, and the credit rating agencies “Fitch” and “Standard & Poor’s,” they expected that the Egyptian economy would achieve a significant growth rate in the next two years, greater than the rates of previous years, which supported its destination. This view is a state of optimism regarding the end of global geopolitical tensions and the imminent calm of events in the Middle East, whether in Palestine or Lebanon.
That is why the Director General of the International Monetary Fund, Kristalina Georgieva, expected that the Egyptian economy would record growth rates of 4.2% by the end of the current fiscal year, and 5% in the medium term, and this, as we said, corresponds to the target for the country according to the general budget of Egypt for 2024/2025.
The fund manager based its expectations on the government’s recent reform measures.
We can say that the value of the international financing program between the IMF and Egypt has reached $8 billion, and the last tranche is scheduled to be disbursed in September 2026 according to the financing program’s time plan.
We return again to the evaluation of operating organizations, such as Fitch, which also expected Egypt’s GDP growth to rise to 4% in the fiscal year 2025, and this is thanks to the strengthening of confidence, remittances from Egyptians working abroad, and foreign direct investment. Fitch also predicted that Egypt’s economic growth will accelerate to 5.3% in fiscal year 2026.
Standard & Poor’s also said that there is a good and positive performance for the Egyptian economy during the period from 2025 to 2027, and justified this by its optimism about the flexible exchange rate that Egypt has adopted and the current monetary policy followed by the Central Bank of Egypt.
In addition to all this, there is a positive view from the European Bank for Reconstruction of the Egyptian economy, which expects positive growth rates in 2025, to rise by 0.1% to become 4.5% instead of 4.4%.
As for the World Bank, it said that the Egyptian economy is capable of achieving a positive growth rate in the fiscal year 2024-2025 of 3.5%.
All of this, of course, is positive talk that reflects the world’s confidence in the Egyptian economy on the one hand, and also confirms on the other hand that Egypt is on the right path in the process of economic reform.
