The International Monetary Fund (IMF) said the economic impact of the ongoing Iran conflict on Egypt has so far remained “relatively limited,” citing early and coordinated policy measures by Egyptian authorities that helped contain external pressures. However, the Egyptian economy continues to face mounting pressures from rising global energy prices and capital outflows. Egypt, which relies heavily on imported natural gas to meet its electricity needs, has also been hit by higher energy import costs. Authorities have also formed a high-level crisis committee to ensure a swift and coordinated response to evolving developments. While risks remain elevated due to ongoing geopolitical tensions in the region, the IMF’s assessment suggests that Egypt’s policy response has, for now, helped cushion the immediate economic fallout.

Source: Daily News Egypt March 21, 2026 19:31 UTC