IMF upgrades Egypt's FY2024/25 GDP growth forecast to 4%
This is compared to the IMF's projection of 3.8% in its April outlook report.
However, the IMF trimmed its GDP forecasts for Egypt in FY2025/2026 to 4.1%, which is 0.2% lower than April's WEO projection of 4.3%.
The fund revised its expectations for the global economic growth due to front-loading ahead of tariffs, lower effective tariff rates, better financial conditions, and fiscal expansion in some major jurisdictions.
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