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Capital Economics

EGP rally boosting growth, trade competitiveness, and FX inflows | Capital Economics

The UK-based research firm said that the Egyptian pound’s rebound this year — alongside gains in exports and foreign exchange inflows — is starting to deliver real benefits to the economy.

Capital Economics projects stronger GDP growth for Egypt amid easing regional tensions

This forecast stands in contrast to the more cautious projections from other major institutions, with both the IMF and the World Bank recently downgrading their growth expectations for Egypt.