Accordingly, Egypt’s fiscal balance is projected to rise to -7.9 percent of GDP in 2022 on a fiscal-year basis, up from -7.4 percent in 2021, before slowing down to -7.3 percent in 2023.
In April, the IMF maintained its projection for Egypt’s real GDP growth in 2024 at 3 percent, declining by 0.8 percent compared to the estimation of 2023. It also expected the country’s GDP ...
The International Monetary Fund has approved the disbursement of $1.2 billion to Egypt after completing the fourth review of ...