Egypt: Economy records a growth of 4.77% between January and March 2025

The Egyptian economy posted a quarterly growth of 4.77% in the third quarter of the fiscal year 2024/2025, marking its highest level in three years. This performance, announced on June 30 by the Ministry of Planning, Economic Development, and International Cooperation, contrasts sharply with the rate of 2.2% recorded at the same period last year.

Over the first nine months of the fiscal year, the average growth stands at 4.2%, compared to 2.4% a year earlier, confirming a strong recovery in activity despite a still uncertain global economic context.

According to the Minister of Planning, Dr. Rania Al-Mashat, this progress reflects the effectiveness of the economic and structural reforms undertaken, as well as efforts towards a competitive economy focused on the development of the private sector, national production, and exports.

By The Editorial Staff
Full story at Financial Afrik