CAIRO, Jan 20 – The International Monetary Fund has raised its forecast for Egypt’s real gross domestic product growth to 4.7% in the 2025 to 2026 fiscal year, which was projected at 4.5% in October, according to the Fund’s latest World Economic Outlook.
The IMF said growth is expected to accelerate further to 5.4% in the 2026 to 2027 fiscal year, reflecting improving macroeconomic conditions and continued reform implementation.
In its updated outlook released on Monday, the Fund also revised its global growth projections upward. It now expects the global economy to expand by 3.3% in 2026, compared with an earlier forecast of 3.1%, before moderating slightly to 3.2% in 2027. Global growth for 2025 remains estimated at 3.3%.
The IMF said it reached a staff level agreement with Egypt in December on the fifth and sixth reviews of the country’s Extended Fund Facility programme. The combined reviews would allow for a disbursement of $2.5 billion and provide Egypt with additional time to meet key programme benchmarks.
In addition, the Fund said it concluded a staff level agreement on the first review of Egypt’s Resilience and Sustainability Facility. Subject to approval by the IMF’s Executive Board, the facility could unlock an additional $1.3 billion in financing.
The revised outlook underscores renewed confidence in Egypt’s economic trajectory as the country works to stabilise its economy, attract investment, and strengthen fiscal and external balances.
