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IMF lifts Egypt’s growth outlook for FY2026/27 to 4.7%
The International Monetary Fund (IMF) has raised its forecast for Egypt’s economic growth in fiscal year (FY) 2026/2027 to 4.7%, versus 4.4% projected in July, according to its October 2026 World Economic Outlook report. The IMF expects Egypt’s current account deficit to hit 4.9% of gross domestic product (GDP) in FY2026/2027. It also projects annual consumer price inflation to average 14.8% at the end of June 2027, up from its forecast of 13.3% for FY2025/2026. [...]