WAM
15 Jan 2026, 02:25 GMT+10
CAIRO, 15th January, 2026 (WAM) -- The World Bank has forecast an improvement in Egypt's economic growth in the coming period, supported by stronger exports and a recovery in economic activity.
In a report released on Wednesday and announced by the Egyptian Cabinet, the World Bank said economic growth is expected to reach 4.3 percent in the 2025/2026 fiscal year, rising to 4.8 percent in 2026/2027, amid an improving macroeconomic environment.
The Bank said the outlook is supported by stronger private demand following the easing of import and foreign currency restrictions, which is expected to boost economic activity and increase the contribution of net exports to growth.
Get a daily dose of Milwaukee Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Milwaukee Sun.
More InformationWASHINGTON, D.C.: President Donald Trump has sharply intensified his standoff with the Federal Reserve, with the Justice Department...
HELSINKI, Finland: The severe cold forced cancelations of flights at Kittilä airport, leaving thousands of tourists in northern Finland...
WASHINGTON, D.C.: The Norwegian Nobel Institute has dashed any hope that Venezuelan opposition leader María Corina Machado would give...
MOUNT ETNA, Italy: Guides in Sicily's Mount Etna are upset with the local authorities over tougher restrictions imposed by them after...
BISHOFTU, Ethiopia: Ethiopia has kicked off construction of a vast new airport near its capital, a project officials say will transform...
WASHINGTON, D.C.: President Donald Trump's decision on global tariffs received an unexpected breather when the U.S. Supreme Court postponed...
DETROIT, Michigan: General Motors is rolling back part of its electric-vehicle push, booking a US$6 billion writedown as weaker demand...
(Photo credit: Darren Yamashita-Imagn Images) The Charlotte Hornets will retire former NBA Sixth Man of the Year Dell Curry's No....
(Photo credit: Matt Krohn-Imagn Images) John Blackwell pulled up and drilled a 25-footer as time ran out, lifting Wisconsin to a...
(Photo credit: Alonzo Adams-Imagn Images) Shai Gilgeous-Alexander scored 15 of his 34 points in the third quarter to help Oklahoma...
(Photo credit: David Gonzales-Imagn Images) De'Anthony Melton led a balanced attack with a season-high 23 points, Stephen Curry had...
(Photo credit: Brian Bradshaw Sevald-Imagn Images) Michigan's dominating season includes 10 wins by 25 or more points, but now there...
