#devaluation
Egypt’s economy in 2024 has been at a crossroads, grappling with persistent challenges amid potential opportunities. The country has contended with inflation and mounting foreign debt while persevering with ongoing structural reforms in its pursuit of stability and growth. Egypt's economy showed signs of recovery, with a growth forecast of 3.2 percent for 2024 and an expected increase to 4.2 percent in fiscal year 2024/2025, according to Fitch Solutions. While inflation rates have remained high, with a slight increase from…
