IMF Upgrades Egypt’s Economic Growth Forecast to 4.6% for FY2025/26

The International Monetary Fund (IMF) raised its growth forecast for Egypt’s economy in the 2025/26 fiscal year to 4.6%, marking an upward revision of 0.4 percentage points from its previous estimate. 

The updated projection reflects improving economic performance as the country continues to implement its reform agenda.

In its latest World Economic Outlook report, the IMF said Egypt’s economy expanded by 4.4% during the 2024/25 fiscal year, a notable acceleration from 2.4% recorded in 2023/24. Egypt’s fiscal year runs from July 1 through June 30.

While the Fund expressed greater optimism for the current fiscal year, it slightly lowered its forecast for 2026/27, trimming expected growth by 0.4 percentage points to 4.4%.

The revised projections come as Egypt seeks to strengthen macroeconomic stability and sustain higher levels of economic activity through structural reforms and investment-driven growth.

The Egyptian government, however, remains more optimistic than the IMF. Officials are targeting economic growth of between 5.2% and 5.4% in the 2026/27 fiscal year. Speaking to local media in mid-May, the Minister of Planning and Economic Development said recent economic indicators demonstrate the positive impact of the government's reform program across both productive and service sectors.