Egypt’s planning minister said the government is targeting a 5.2% to 5.4% expansion of GDP in the coming fiscal year, citing private‑sector reforms and a more attractive investment climate.
What growth rate is Egypt aiming for?
The ministry set a target range of 5.2% to 5.4% for the next fiscal year.
Why does the government expect higher growth?
Ahmed Rostom said the outlook rests on empowering the private sector, improving the investment environment and leveraging the economy’s job‑creation capacity.
How did the economy perform in the latest fiscal year?
GDP grew 5.1% in FY 2025/26, up from 4.4% the year before, driven by manufacturing, telecommunications and information‑technology sectors.
What are the latest inflation and unemployment figures?
Inflation fell to 12.7% in August 2026, while the unemployment rate dropped to 5.8% in Q2 2026.
How is Egypt handling external shocks?
Rostom highlighted the economy’s flexibility, crediting ongoing structural reforms and increased investment competitiveness for its resilience.
The targets were presented during a meeting with S&P Global Ratings and other international bodies as part of a credit‑rating review.