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Egypt’s GDP grew by 5.3% in first quarter of 2025/2026 fiscal year

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Egypt’s Gross Domestic Product (GDP) grew by 5.3% in the first quarter of its 2025/2026 fiscal year compared with 3.5% in the same period a year earlier, boosted by the government’s economic and structural reforms

Planning Minister Rania Al-Mashat says Egypt was targeting economic growth of around 5% for the fiscal year to the end of June 2026, up from a previous target of 4.5%.

The country has been struggling with the aftermath of a sharp currency devaluation, soaring inflation and the economic fallout from the war in Gaza.

–ChannelAfrica–