Moody's expects Egypt's economy to grow by 5% in the fiscal year 2026, but lowered its forecast for economic growth rates for the current fiscal year to 4%, according to a recent report by the agency.
Moody's revealed that the average inflation rate in Egypt will decline next fiscal year to 16% from 27.5% in the current fiscal year before declining to 13% in 2026. She pointed to the stability of economic and financing conditions, which supports the quality of credit for emerging market governments, companies, and institutions during 2025.
Egypt liberalized the exchange rate of its currency last March, so that the pound fell by between 40 and 50%, and the dollar reached 50 pounds at the time.
