A Reuters poll showed that the Egyptian economy grew by 4 percent in the fiscal year ending in June, a slight upward revision from the April forecast of 3.8 percent. This was supported by reforms linked to IMF financing, strong manufacturing activity, and a gradual recovery.
Reuters expects GDP growth to accelerate to 4.6 percent during the current fiscal year. Egypt's GDP growth rate rose to 4.77 percent in the third quarter of the 2024-25 fiscal year, compared to 2.2 percent in the same quarter of the previous year. This represents the highest quarterly growth rate in three years.
Source (Al Arabiya.net, edited)
