Egypt’s GDP growth projected at 5.1% by 2026 despite challenges: OECD
- Date: 25-Feb-2024
- Source: Arab News
- Sector:Real Estate
- Country:Egypt
Egypt’s GDP growth projected at 5.1% by 2026 despite challenges: OECD
RIYADH: Egypt’s gross domestic product is expected to gradually increase to 5.1 percent by 2025 and 2026, driven by growing consumption, according to a report.
In a recent release by the Organization for Economic Co-operation and Development, Egypt’s economic growth is projected to face challenges amidst soaring inflation rates, necessitating urgent reform efforts to revitalize the private sector and attract investment. Egypt’s GDP growth projected at 5.1% by 2026 despite challenges: OECD