Egypt’s Cautious Comeback: IMF Support and Rising FDI Fuel Growth
Business
One year after an eleventh-hour bailout, Egypt’s economy is brightening. Reforms are being implemented, inflation is declining, and FDI is up. Egypt’s economic outlook is brightening, thanks in part to the commencement of long-delayed structural reforms, ambitious economic transformation plans, and an influx of foreign capital. Rebounding from the prolonged shockwaves of Covid-19 and the war in Ukraine, growth is forecast at 4% in 2025, up from 2.4% in 2024, according to Reuters. Geopolitics
din zilele anterioare