#real gdp
Egypt's real gross domestic product (GDP) grew by 2.4 percent from July 2023 to March 2024, a slowdown compared to the 4.1 percent growth during the same period last year, according to a report by the Central Bank of Egypt (CBE) released on Wednesday. The slow down is attributed to ongoing global economic pressures, including geopolitical tensions, high inflation, and elevated interest rates. The CBE’s Financial Stability Report for March 2024 highlights that the current economic challenges facing Egypt are…
