IMF lowers growth forecast for Egyptian economy to 3.6%

IMF lowers growth forecast for Egyptian economy to 3.6%

The International Monetary Fund lowered its growth forecast for the Egyptian economy during the current fiscal year 2023-2024 to 3.6 percent, compared to its previous estimates of 4.1 percent. The IMF announced on Tuesday morning at the Moroccan capital, Marrakesh that the 2024 World Economic Outlook Report indicates an overall slowdown in global economic growth …

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