Fitch downgrades Egypt’s real GDP growth projections by 0.6% in FY2022/23 - Economy - Business - Press release distribution to media in EMEA

File Photo: An Egyptian fruit seller works in a market in Cairo. Reuters

This makes Fitch the only global financial institution to downgrade Egypt’s growth projections since the outbreak of the Russian-Ukrainian War.

In its monthly updated report on the Middle East and North Africa’s (MENA) outlook, Fitch attributed its revision to the impacts of the Russian-Ukrainian conflict, explaining that it will affect Egypt in terms of the…

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Fitch downgrades Egypt’s real GDP growth projections by 0.6% in FY2022/23 – Economy – Business

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