Egypt’s real GDP growth is projected to accelerate to 4% in FY2025 and 4.7% in FY2026, helped by recovering confidence and real income gains, Fitch said. The government remains committed to the IMF program aimed at restoring macro-fiscal stability. Reforms include tax rationalization and customs improvement, but state divestment remains limited. Fitch affirmed the country’s B rating with a stable outlook, forecasting the budget deficit to widen to 7.4% of GDP due to last year’s one-off Ras El-Hekma revenue and high interest costs.