Prime Minister Mostafa Madbouly chaired a meeting of the economic ministerial group on Thursday to review economic performance, inflation, and investment flows. The meeting was attended by Governor of the Central Bank of Egypt (CBE) Hassan Abdalla, along with the ministers of planning, finance, investment, and supply. The meeting focused on macroeconomic indicators, investment inflows, and inflation control. Updates were presented on low-interest credit initiatives for the private sector.
For his part, the CBE governor reported continued efforts to control inflation while directing more credit to the private sector. Senior economist Dina Kassab noted annual headline inflation dropped to 15.3% in Q2 2025 from 16.5 percent in Q1. Real GDP performance and an improved primary surplus were also discussed, reflecting better-than-budgeted growth for FY 2024/25.
Meanwhile, Finance Minister Ahmed Kouchouk reported improved GDP growth and a higher primary surplus in FY 2024/25.
Public revenues and spending trends were also reviewed.Investment Minister Hassan El Khatib presented data showing stronger foreign investment in non-oil sectors between July 2024 and March 2025.
Reforms to improve investment data and reporting were introduced.
Head of the Export and Import Control Authority Essam al-Naggar said that non-oil exports rose 22 percent in H1 2025. Gold exports increased 195%, followed by oil-based products at 69 percent.
Minister of Planning, Economic Development, and International Cooperation Rania Al Mashat shared UN proposals on debt solutions and outlined cooperation with global development partners.
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