IMF projects Egypt's economy to grow 4.6% in FY 2025/2026

Growth is projected to slightly decrease to 4.4 percent in FY 2026/2027 due to regional tensions, before accelerating to 5 percent in FY 2027/2028 and 5.5 percent in FY 2028/2029, then stabilizing at 4.8 percent for the subsequent two fiscal years. Net foreign direct investment is anticipated to rise from $11.7 billion in FY 2024/2025 to $12.4 billion in FY 2025/2026, reaching $18.2 billion by FY 2030/2031. Tourism revenues are expected to increase from approximately $16.7 billion to $19.9 billion in FY 2025/2026, eventually reaching $29.8 billion.

Suez Canal revenues are also forecast to recover, growing from $3.6 billion in FY 2024/2025 to $4.1 billion in FY 2025/2026, $6.6 billion in FY 2027/2028, and $11 billion by FY 2030/2031. Exports of goods and services are projected to reach $77.2 billion in FY 2025/2026 and $110.6 billion by FY 2030/2031, while imports are expected to rise from $108.2 billion to $125.1 billion in FY 2025/2026 and $157.6 billion by FY 2030/2031. Despite stronger foreign-currency inflows, Egypt’s current account deficit is forecast to widen from $15.4 billion in FY 2024/2025 to $19.6 billion in FY 2025/2026 and $20.6 billion the following year, before gradually narrowing to $18.4 billion by FY 2030/2031.

As part of the seventh review r