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" GDP"

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Business - Economy
5/25/2023 2:57:12 PM
Egypt's GDP growth is expected to increase to 4.8 percent in FY 2023/24, up from 4.4 percent in the current FY, according to the African Economic Outlook 2023.

Business - Economy
5/16/2023 11:43:23 AM
For the second time since February, the European Bank for Reconstruction and Development (EBRD) has downgraded its forecast for Egypt’s real GDP growth to 4.2 percent, a 0.1 percent decrease from its outlook in February and increased its forecast by 0.2 percent in 2024.

Business - Economy
5/9/2023 3:16:58 PM
Egypt’s government has increased its budget deficit estimate to 6.9 percent of GDP for the fiscal year (FY) 2023/2024, which starts on 1 July, compared to an earlier estimate of 6.3 percent, Minister of Finance Mohamed Maait stated in front of the House of Representatives on Tuesday.

Business - Economy
5/3/2023 10:34:30 AM
Egypt’s total governmental gross debt is expected to rise to 92.9 percent of GDP in 2023, up from 88.5 percent in 2022, before cooling to 87 percent in 2024, the highest among the emerging market and middle income countries, the International Monetary Fund (IMF) said on Wednesday.

Business - Economy
4/30/2023 2:02:15 PM
Fitch Solutions has raised its forecast for Egypt’s inflation in 2023 to 32.3 percent, up from an average of 25.9 percent that it expected a month ago.

Business - Economy
4/14/2023 1:07:48 AM
Ahram Online spoke to the President of the World Bank Group (WBG) David Malpass during the International Monetary Fund's (IMF) and World Bank Group's (WBG) spring meetings currently held in Washington DC.

Al-Ahram Weekly - Egypt
4/12/2023 2:48:00 PM
“Despite surprisingly resilient labour markets and strong consumer demand, despite the uplift in China, we expect the world economy to grow less than three per cent this year,” said Kristalina Georgieva, managing director of the IMF, in the course of this week’s spring meetings of the World Bank Group and IMF. The meetings in Washington DC reviewed the repercussions of the Russian-Ukrainian conflict on the global economy.

Business - Economy
4/12/2023 2:13:13 PM
Egypt's general government gross debt is projected to reach 92.9 percent of GDP in 2023, read a Fiscal Monitor report by the International Monetary Fund (IMF). This would be the highest ratio since 2018, when it stood at 87.9 percent.

Business - Economy
4/11/2023 3:08:52 PM
The International Monetary Fund (IMF) has revised down Egypt’s expected real GDP growth for the second time since October, according to the World Economic Outlook (WEO) report the fund released on Tuesday.

Business - Economy
4/6/2023 8:13:33 PM
The World Bank has revised down its forecasts for Egypt’s real GDP growth in FY2022/2023 and FY2023/2024 to four percent in each of these two fiscal years, down from 4.5 percent it projected in December of 2022.

Business - Economy
3/30/2023 11:31:32 AM
Egypt has adjusted its real GDP growth rate target for FY2023/24 down to 4.1%, from the previously targeted 5.5% in December, announced Finance Minister Mohamed Maait.

Business - Economy
3/16/2023 4:03:12 PM
The European Central Bank on Thursday increased its projection for eurozone GDP growth this year to 1.0 percent due to falling energy prices and greater "resilience to the challenging international environment".

Business - Economy
3/14/2023 3:53:34 PM
Egypt's real GDP growth is expected to reach 4.2 percent by the end of the current FY2022/2023 concluding in June, Minister of Planning and Economic Development Hala El-Said stated on Tuesday.

Business - Economy
3/12/2023 5:59:58 PM
Fitch Solutions raised its projection for Egypt’s inflation during 2023 to 25.9 percent, up from 18.3 percent it projected in February, according to its updated report on MENA Monthly Outlook.

Business - Economy
3/6/2023 3:17:57 PM
Egypt’s budget deficit rose to four percent of gross domestic product (GDP) during the first half (1H) of FY 2022/2023 (July-December 2022) to over EGP 367 billion, stated a report by the Ministry of Finance on Monday.

World - International
2/28/2023 12:46:12 PM
Finland entered a recession in the final quarter of 2022, while the Swedish economy shrank more than initially estimated, official statistics showed Tuesday.

Business - Economy
2/16/2023 10:48:02 AM
The European Bank for Reconstruction and Development (EBRD) has downgraded its forecasts for Egypt’s output growth in 2023 to 4.3 percent, down from five percent it projected in May, before bouncing back to five percent in 2024, according to the bank’s update on the Regional Economic Prospects Report the bank issued on Thursday.

Business - Economy
2/13/2023 2:39:38 PM
Egypt is adopting an economic reform trajectory that contributes to supporting its financial discipline and decreasing debt to GDP ratio and budget deficit, Minister of Finance Mohamed Maait told the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Monday.

Business - Economy
2/6/2023 6:04:45 PM
Egypt’s real GDP growth is expected to moderate to three percent in 2023 with a higher inflationary wave anticipated over the year, Fitch Solutions said in its MENA Monthly Outlook report shared with Ahram Online.

Business - Economy
1/30/2023 9:42:59 PM
Egypt aims to have a gross domestic product (GDP) growth rate of 5 percent and 6 percent in 2024 and 2025 respectively, Prime Minister Mostafa Madbouly said in the opening speech of CI Capital’s Seventh Annual MENA Investor Conference on Monday.

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