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The Egyptian economy is awash in cash amid an unprecedented surge in liquidity, but whether this wave will translate into broad-based economic relief remains uncertain. In March 2025, Egypt’s domestic liquidity surged to a record EGP 12.566 trillion (USD 252.22 billion), an increase of EGP 930.4 billion (USD 18.67 billion) over three months, according to data released by the Central Bank of Egypt (CBE). The sharp rise in domestic liquidity highlights mounting pressures and potential stimulus within the country’s financial…