Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
Egypt’s economy is projected to grow 4% in FY2024/25
Posted on July 29, 2024 |
Egypt’s economic growth is projected to be 4% for FY 2024/2025, down from 4.35% in April and 4.15% in January.
The economy grew by 2.9% in the fiscal year ending June 30, 2024, missing the 3% forecast in April and the 3.5% estimate in January.
Growth is expected to rebound to 4.99% in FY 2025/2026.
The IMF has lowered its growth forecast for Egypt to 4.1% for FY 2024/2025 and 2.7% for FY 2023/2024.
The World Bank Group maintains its growth forecasts at 4.2% for FY 2024/2025 and 4.6% for FY 2025/2026.