{"id":323626,"date":"2021-10-13T10:02:49","date_gmt":"2021-10-13T10:02:49","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=323626"},"modified":"2021-10-13T10:02:49","modified_gmt":"2021-10-13T10:02:49","slug":"imf-increases-egypts-real-gdp-growth-forecasts-to-3-3-in-2021","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/10\/13\/imf-increases-egypts-real-gdp-growth-forecasts-to-3-3-in-2021\/","title":{"rendered":"IMF increases Egypt\u2019s real GDP growth forecasts to 3.3% in 2021"},"content":{"rendered":"<p>The International Monetary Fund (IMF) has raised Egypt\u2019s real GDP growth projections for 2021 to 3.3 percent.<\/p>\n<p>The Washington-based lender maintained its expectation for the country\u2019s GDP growth at 5.2 percent in 2022.<\/p>\n<p>In its updated report on the World Economic Outlook issued on Tuesday on the sidelines of the IMF and World Bank Group\u2019s annual meetings, the IMF expected Egypt\u2019s inflation rate to reach 4.5 percent in 2021 and to accelerate to 6.3 percent in 2022.<\/p>\n<p>Egypt\u2019s current account balance is also expected to diminish to 3.9 percent in 2021 and edge down to 3.7 percent in 2022, the IMF report read.<\/p>\n<p>In terms of unemployment, it is expected to accelerate to 9.3 percent in 2021 before falling slightly to 9.2 percent in 2022, surpassing 2020\u2019s 8.3 percent, the report added.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-120909 lazyloaded\" src=\"https:\/\/i0.wp.com\/en.amwalalghad.com\/wp-content\/uploads\/2021\/10\/Egypt-IMF.jpg?resize=900%2C600&#038;ssl=1\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" srcset=\"https:\/\/en.amwalalghad.com\/wp-content\/uploads\/2021\/10\/Egypt-IMF.jpg 900w, https:\/\/en.amwalalghad.com\/wp-content\/uploads\/2021\/10\/Egypt-IMF-300x200.jpg 300w, https:\/\/en.amwalalghad.com\/wp-content\/uploads\/2021\/10\/Egypt-IMF-768x512.jpg 768w\" alt=\"\" width=\"900\" height=\"600\" data-ll-status=\"loaded\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund (IMF) has raised Egypt\u2019s real GDP growth projections for 2021 to 3.3 percent.<\/p>\n","protected":false},"author":4,"featured_media":319992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24,33],"tags":[221],"class_list":["post-323626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development-partners","category-main","tag-international-monetary-fund-imf"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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