IMF

At the October 2023 IMFC meeting in Marrakech, the UAE announced a $200 million co-financing initiative for the PRGT

Globally, growth is expected to remain stable but lackluster, with projections of 3.2 percent for both 2024 and 2025

Egypt's economic growth to increase to around 5.5 percent as structural reforms to strengthen the business climate pay off

The country’s annual urban consumer price inflation slid to 25.7 percent in July from 26.5 percent in June

Egypt's inflation rate has declined for the last five months after reaching a record high of 38 percent in September 2023

Before the March reforms, the pound was officially pegged at 30.85 to the U.S. dollar, but traded as low as 74 on the black market

Saudi Arabia's GDP contracted by 0.4 percent annually primarily driven by the 8.5 percent annual decline in oil activities
