IMF forecasts Egypt’s real GDP to grow 4% in FY24/25 – official

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By Yomna Yasser On Jul 30, 2024

IMF Mission Chief for Egypt Ivanna Vladkova Hollar — Ivanna Vladkova Hollar IMF Mission Chief for Egypt, Middle East and Central Asia Department

The International Monetary Fund is forecasting about 4 per cent for Egypt’s real GDP growth in the current fiscal year 2024-2025, (IMF) Egypt Mission Chief Ivanna Vladkova Hollar said on Tuesday.

During a virtual discussion with journalists, Hollar said the IMF also expects Egypt’s inflation would come down under 15 per cent in the fiscal year ending on June 30, 2025.