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Egypts GDP

AfDB lowers Egypt’s inflation projection to 14%, GDP to grow 4.8% in coming FY

The AfDB projects Egypt’s average inflation rate at 14% for the next fiscal year (FY2023/2024), down from 20%, citing “high food and nonfood prices and the devaluation of the Egyptian pound against the US dollar"

PM and Real Estate Development Chamber suggest new measures to boost sector

According to Shoukry, the chamber suggested 10 new measures to support the real estate sector’s growth and boost sales

EBRD lowers Egypt’s real GDP growth forecast for 2023

For the current fiscal year 2022/2023, the report anticipates Egypt's real GDP growth to be at 4% and expects it to rebound to 4.8% in the following fiscal year 2023/2024

Egyptian economy to grow 4% by end of FY2022/2023 | Reuters poll

According to the April 6-26 Reuters poll of 13 economists, median forecasts for FY2022/2023 were a growth rate of 4%, 4.5% for FY2023/2024, and 5% for FY 2024/2025

S&P lowers outlook on Egyptian economy amid external financing needs

The ratings agency did note that it could improve Egypt's credit rating in the coming period if the country is able to meet its demand for foreign currency financing