PHOTO
Egypt - The World Bank Group (WBG) has upgraded its projection for Egypt’s real gross domestic product (GDP) growth for the current fiscal year (FY) 2024/2025 to 3.8%, up by 0.3% from a January forecast of 3.5%, according to the bank's recent Global Ecnomoc Prospects report.
Meanwhile, the WBG maintained its projection for the upcoming FY 2025/2026 economic growth at 4.2%.
Also, the bank forecasts Egypt’s GDP to grow to 4.6% in FY 2026/2027.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).