From the EBRD’s most optimistic view of Egypt’s growth to the lowered expectations of the IIF, a diverse range of forecasts paints a complex picture of the country’s potential growth in the coming year as the country faces numerous external geopolitical and economic shocks.
Egypt has significantly progressed in its reform efforts aimed at achieving comprehensive and sustainable development, which strengthened its ability to handle the pandemic and subsequent economic and social challenges, explained Minister of Planning and Economic Development (MPED)