Mahmoud Badawy, Assistant Minister of Communications and Information Technology for Digital Transformation, said Egypt is leveraging technology to drive economic growth, improve public services, attract investment, and build national capabilities.
Inflation is expected to moderate significantly, from 33.3% in 2024 to 20.4% in 2025 and 11.8% in 2026.
This performance pushed overall annual growth to 4.4% for FY2024/2025, up from 2.4% the year before, exceeding initial targets.
According to the report, several sectors contributed to the acceleration in growth, particularly non-oil manufacturing, tourism, information and communications technology (ICT), and trade-related transportation and storage.
However, the improvement is expected to mask a widening trade deficit and declining Suez Canal revenues.
