Egyptian economy is expected by Citi Group to hit 4.4% during the current fiscal year (FY), it also projected by Fitch Solutions and Credit Agricole to reach 4.2%, according to data published by Bloomberg.  

Deutsche Bank forecast that Egyptian economy would hit 4.1% during the July 2023-June 2024 period, while Bank of America and Morgan Stanley said that Egypt’s economy would hit 4% and 3.8%, respectively.  

Furthermore, Standard Chartered sees that Egypt could achieve an economic growth rate of 3.8%, while the World Bank and the IMF forecasts Egypt’s economy to hit 3.7% and 3.6%, respectively.