Egypt growth outlook cut to about 5 percent as stubborn inflation forces the Central Bank of Egypt to delay interest rate cuts into 2027.
Egypt · ECONOMY
Key Facts
—Growth downgrade: BMI cut its fiscal year 2026/27 real gross domestic product growth forecast to 5.0 percent from 5.2 percent in early August 2026.
—Central bank view: The Central Bank of Egypt now expects real GDP growth of 4.9 percent for fiscal year 2025/26 and 4.8 percent for fiscal year 2026/27.
—Interest rates: The overnight deposit rate stands at about 19 percent and the lending rate at 20 percent as of mid-2026, with cuts now expected only from 2027.
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