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The Nexus
BUSINESSJul 20 · 16:18 UTCTHE RIO TIMESAmina Diarra

IMF Upgrades Egypt’s Growth Outlook as Economy Shifts to Expansion

The IMF upgraded Egypt’s 2026 growth projection to 4.6% in its July 2026 World Economic Outlook. Egypt’s $8 billion Extended Fund Facility with the IMF has unlocked $2.3 billion in disbursements, with growth driven by non-oil manufacturing, tourism, telecommunications, and recovering remittances.

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IMForganizationEgyptplaceExtended Fund Facilitytopicnon-oil manufacturingtopictourismtopicTelecommunicationstopicremittancestopic
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