The Ministry of Planning, Economic Development, and International Cooperation reviewed Egypt’s position in the African Development Bank’s “2025 African Economic Outlook” report titled “Between Structural Challenges and Promising Opportunities for Sustainable Economic Growth.” According to the ministry’s statement, the report highlighted positive growth projections for Egypt’s economy, which is expected to see gradual improvements in growth rates in the coming years despite regional geopolitical challenges. The report forecasts Egypt’s real GDP growth to rise from 2.4% in 2024 to 3.9% in 2025 and reach 4.8% in 2026, reflecting a gradual recovery and economic momentum amid a turbulent regional environment. The resilience of Egypt’s economy is attributed to diverse income sources, government investments in infrastructure, and commitment to economic reform programs in collaboration with international financial institutions. Regionally, the report noted that North Africa, including Egypt, Morocco, Tunisia, Libya, and Algeria, is expected to experience strong growth in the coming years, driven by Egypt’s economic performance. The report emphasized the importance of international support for Egypt’s economic and structural reforms, promoting green transformation and resilience against environmental and economic shocks. This support underscores international confidence in Egypt’s commitment to reforms and its ability to implement policies restoring economic stability and achieving sustainable growth. The report highlighted Egypt’s potential for robust and sustainable economic growth in the coming years, supported by government reforms, international backing, and a focus on developing productive sectors like industry, tourism, and renewable energy.
— new from (Masrawy)
