Inflation picked up slightly over the last two months to 26.4% in September, though that was well below the record 38.0% hit in September 2023. The IMF predicted this month in its World Economic Outlook that Egypt's economy would grow 4.1% in calendar 2025. According to the ...
Finally, GDP per capita (PPP) was estimated at USD 17,123 in 2023 by the IMF. Main Indicators 2022 2023 (E) 2024 (E) 2025 (E) 2026 (E) GDP (billions USD) 475.23 393.91 347.59 328.85 374.25 GDP (Constant Prices, Annual % Change) 6.7 3.8 3.0 4.4 4.7 GDP per Capita (USD) 4,...
Egypt is the largest economy in African continent with total GDP of 1391256 Million USD (as per IMF 2019 Estimate, based on PPP basis). Accordingly, at an average of 15%, Egypt Public Procurement market size / Egypt Public Spend comes out to be about 208688 Million USD. The total GNI pe...
The report comes after Egypt's government and the IMF reached a staff-level agreement on necessary policies and reforms to complete the first and second reviews under the Extended Fund Facility (EFF) arrangement. The IMF loan has been increased to $8 billion from the initial $3 billion,...
Middle East and North Africa Economist at Capital Economics, James Swanston, noted that even before the Ras el Hekma deal, investor sentiment towards Egypt had improved in recent months on the back of hopes that a new IMF deal will soon be secured.
The authorities’efforts to restore macroeconomic stability,rebuild reserves,and push ahead with structural reforms is supported by the 46-month International Monetary Fund(IMF)program,along with other multilateral and bilateral financing and investments.This report provides an update on the recent economic...
IMF Managing Director Christine Lagarde made the announcement in an interview with Saudi-owned Ashraq Al-Awsat newspaper published on Sunday. Lagarde says Egypt has not asked for an IMF loan — which it hasn't secured during negotiations in the past three years of turmoil — but wan...
After growing by 6.7% in 2022, the Egyptian economy expanded by another 3.8% last year. TheInternational Monetary Fund (IMF)projects Egypt's economy to grow by a modest 3% this year. Egypt'sbudget deficit stood at about 7.1% of GDPin 2023, from 6.1% in 2022, 7.2% in 2021, and 7% ...
Population, 55+ Years in million #30.0230.3830.8231.3431.8832.4433.0633.7434.4435.1835.9836.8637.8038.8239.9241.1642.5444.0645.7047.4449.0450.3051.1651.8452.4252.8853.4854.2655.0655.9857.0258.1459.3860.7062.1063.6065.1466.7668.5070.3472.26 Notes: Based on data from IMF, World Bank, UN and Eurostat ...
February 15 2024 Due Diligence DD sits down with Egypt’s richest man Plus, the exit interview of Calstrs’ chief investment officer and Lyft gets a maths lesson February 2 2024 Middle Eastern economy IMF ‘very close’ to fresh Egypt loan deal, Kristalina Georgieva says ...