IMF Upgrades Egypt’s Growth Outlook as Economy Shifts to Expansion

Africa · Northern Key Facts —IMF upgrade. The Fund lifted Egypt’s 2026 growth projection to 4.6% in its July 2026 World Economic Outlook update. —Programme anchor. Egypt’s $8 billion Extended Fund Facility with the IMF, approved in March 2024, has unlocked about $2.3 billion in disbursements. —Drivers. Non-oil manufacturing, tourism, telecommunications, and recovering remittances are…