Arab Finance: The International Monetary Fund expects Egypt's growth constraints to ease as regional tensions ease and structural reforms are implemented, according to… Report Recently issued by the Fund regarding regional economic prospects.
The Fund noted, “It is expected that the supposed decline in the intensity of the conflict in Gaza and Israel next year and the steady implementation of reforms will help push growth in the country to 4.1% in 2025 and more than 5% in the medium term.”
The IMF kept the growth forecast for the Egyptian economy for the current fiscal year at 4.1%, after reducing it by 0.3 percentage points in July. This exceeds the expectations of both the government and the World Bank for economic growth in the current fiscal year, which were at 4.0% and 3.5%, respectively.
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