The investment bank concluded its investor trip to Egypt last week, and has released their key insights from the visit in a research note seen by Business Today Egypt.
The report anticipates a decrease in interest rates for Egypt's IMF program due to inflation projections.
The revised forecast, up from its previous projection of 20%, was attributed to an unexpected rise in inflation in February.
Goldman Sachs economist, Farouk Soussa indicated that estimates suggest the ministry received approximately EGP 240 billion from the initial tranche of the Ras El Hekma deal with the UAE
In a note seen by the Arab World News Agency, Goldman Sachs projects that the country’s real GDP growth will average between 6-6.5% for FY2025/2026
