Samar El-Sayed _ The International Monetary Fund (IMF) projected Egypt's economic growth rate to register 4.8% during the fiscal year 2030/2031 "July-June".
Revises down its projection for Egypt's economic growth rate in 2026/2027 to 4.7%
In the Regional Economic Outlook update report for the Middle East and Central Asia issued today, the Fund revised down its projection for Egypt's economic growth rate during the current fiscal year 2026/2027 to 4.7%, compared to 5.1% during the fiscal year ending last June, pointing out that it had recorded 4.4% in the fiscal year 2024/2025.
Revises up its projection for Egypt's GDP growth rate in 2025/2026 to 5.1%
It is noteworthy that the IMF raised its projection for Egypt's gross domestic product growth rate in the past fiscal year to 5.1%, compared to 4.2% projected during last April.
It stated that the region's economy will contract in 2026 by 1.3%, compared to a growth rate of 3.3% in 2025, but it will recover strongly in 2027 to register 6.6%.
The report pointed out that its long-term growth projection for the region for 2031 will reach approximately 3.7%.
In a related context, the report indicated that remittances from expatriate workers and tourism inflows in the region are strong; adding that since the beginning of 2026 until now, net remittances as a percentage of GDP have exceeded the levels recorded during the same period of last year in Egypt, while remaining generally stable in Morocco, Pakistan, and Tunisia.
Egypt, Morocco, Tunisia, and Pakistan record higher hotel occupancy rates during 2026 compared to 2025
Contrary to the Gulf Cooperation Council countries, the tourism sector has shown resilience in most oil-importing countries in the Middle East, North Africa, and Pakistan; as Jordan witnessed only a slight decline in inflows during the early stages of the conflict, followed by a recovery in the latest available data, supported by the strength of intra-regional travel.
Meanwhile, countries insulated from the conflict, such as Egypt, Morocco, Tunisia, and Pakistan, recorded stable and even higher hotel occupancy rates in 2026 compared to last year, according to the IMF.
