Egypt's real GDP growth projected to reach 6.2% by FY 2029/30: ministry - News Summed Up

Egypt's real GDP growth projected to reach 6.2% by FY 2029/30: ministry


Egypt’s real GDP growth is projected to reach around 5% in fiscal year (FY) 2025/2026 and 5.3% in FY 2026/2027, before accelerating to 6.2% by FY 2029/2030, according to the Ministry of Finance. The ministry highlighted non-oil manufacturing as the primary engine of growth, with its contribution to GDP expected to rise significantly over the medium term. According to the Ministry of Finance, the Egyptian economy is set to continue its recovery and structural reform trajectory in FY 2026/2027 despite exceptional regional and global challenges. Fiscal policy over FY 2026/2027 and the medium term aims to balance fiscal discipline with support for economic activity. The Ministry of Finance issued its Public Finance Strategy on Sunday, which serves as the foundation for preparing the FY 2026/2027 budget and the medium-term budget framework.


Source: Daily News Egypt January 06, 2026 03:44 UTC



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