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IMF sees Egypt inflation easing to 13.4% - Egyptian Gazette

Summary by Egyptian Gazette
The International Monetary Fund (IMF) expects Egypt’s inflation to continue a downward trajectory in the fiscal year 2025/26, which will begin on July 1. Julie Kozack, Director of the IMF’s Communications Department, told a press briefing in Washington on Thursday night that inflation would ease to 13.4 percent. “Our projections for growth in inflation for the next fiscal year — Egypt uses fiscal year, so it’s a 2025/26 fiscal year — indicate a …
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Egyptian GazetteEgyptian Gazette

IMF sees Egypt inflation easing to 13.4% - Egyptian Gazette

The International Monetary Fund (IMF) expects Egypt’s inflation to continue a downward trajectory in the fiscal year 2025/26, which will begin on July 1. Julie Kozack, Director of the IMF’s Communications Department, told a press briefing in Washington on Thursday night that inflation would ease to 13.4 percent. “Our projections for growth in inflation for the next fiscal year — Egypt uses fiscal year, so it’s a 2025/26 fiscal year — indicate a …

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Sada El baladSada El balad

IMF Grants Egypt Waiver, Approves New Funding

The International Monetary Fund (IMF) has granted Egypt a waiver for not meeting its primary surplus targets after the country allocated additional foreign investment from the Ras El Hekma project toward debt reduction. This move was a key factor in securing the IMF Board's approval, according to Ivana Vladkova Hollar, head of the IMF mission to Egypt. Egypt has been actively pursuing economic reforms and foreign investments to stabilize its fi…

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Sada El balad broke the news in on Friday, March 28, 2025.
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