Minister of Planning and Economic Development Ahmed Rostom said that Egypt’s economic indicators have witnessed positive developments. He noted that the gross domestic product (GDP) has reached 5.1 per cent in fiscal year 2025/2026, compared with around 4.4 per cent in the previous fiscal year. This is driven by a tangible recovery in high-value-added sectors, particularly manufacturing and information and communications technology.
Rostom made the remarks during an expanded meeting with representatives of international credit rating agency Standard & Poor’s (S&P) on Saturday.
The meeting was attended by representatives of several international institutions, as part of the periodic review of Egypt’s credit rating.
The two sides discussed the latest developments in the Egyptian economy, financial performance, and ways to strengthen private-sector participation.
Rostom stressed that the growth results reflect the ability of productive and service sectors to support economic activity and boost the diversification of national sources of support, thereby advancing the transition toward improving productivity and the quality of growth.
Rostom highlighted the success of fiscal and monetary policies in containing inflationary pressures. He noted that inflation continued its downward trend, reaching 12.7 per cent in August 2026, alongside improved labour-market performance, with the unemployment rate falling to 5.8 per cent in the second quarter of 2026.
He said this reflects the economy’s ability to generate new and sustainable employment opportunities.
