{"id":16299,"date":"2025-11-27T16:46:59","date_gmt":"2025-11-27T14:46:59","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/egypts-gdp-grew-by-5-3-in-first-quarter-of-2025-2026\/"},"modified":"2026-02-27T16:31:30","modified_gmt":"2026-02-27T14:31:30","slug":"egypts-gdp-grew-by-5-3-in-first-quarter-of-2025-2026","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/egypts-gdp-grew-by-5-3-in-first-quarter-of-2025-2026\/","title":{"rendered":"Egypt&#8217;s GDP grew by 5.3% in first quarter of 2025\/2026"},"content":{"rendered":"<div>Egypt&#8217;s Gross Domestic Product (GDP)\u00a0 grew by 5.3% in the first quarter of its 2025\/26 fiscal year compared with 3.5% in the same period a year earlier, the Planning Ministry said this Thursday, boosted by the government&#8217;s economic and structural reforms.<\/div>\n<div><\/div>\n<div>Planning Minister Rania Al-Mashat said 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%.<\/div>\n<div><\/div>\n<div>The Arab world&#8217;s most populous country has been struggling with the aftermath of a sharp currency devaluation, soaring inflation and the economic fallout from the war in Gaza.<\/div>\n<div><\/div>\n<div>Growth slowed to 2.4% in 2023\/24 but the government has since accelerated economic reforms under an $8 billion programme with the International Monetary Fund and secured $24 billion in investment from the United Arab Emirates&#8217; sovereign wealth fund, including a major land deal on the Mediterranean coast.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":16300,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-16299","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Planning Minister Rania Al-Mashat said Egypt was targeting economic growth of around 5% for the fiscal year.","published_date":null,"news_description":"Planning Minister Rania Al-Mashat said Egypt was targeting economic growth of around 5% for the fiscal year.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/16299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/16299\/revisions"}],"predecessor-version":[{"id":20167,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/16299\/revisions\/20167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/16300"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=16299"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=16299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}