Egypt overview

Share this page:
Egypt cityscape at night

In Egypt we focus on:

  • Supporting the competitiveness of Egypt’s private sector through stronger value chains, improved access to access to finance for small and medium-sized enterprises (SMEs), better economic integration and increased opportunities for women and young people.
     
  • Improving the quality and sustainability of Egypt’s public utilities through private sector participation. Egypt suffers from a low quality of service provision and ageing infrastructure. The EBRD will help develop a more efficient power sector and promote gas market reforms contributing to the country’s energy security. The EBRD will also finance the modernisation of municipal infrastructure and promote the participation of the private sector within it.
     
  • Egypt’s Green Economy Transition. The EBRD will support Egypt’s efforts in diversifying its energy mix by financing renewable energy projects and energy efficiency investments across sectors, including energy efficiency credit lines for SMEs. The Bank will also seek to improve water efficiency through modernising water supply and waste water management. These investments will be complemented by policy dialogue.
     
  • Strengthening governance. In close cooperation with international financial institutions, the EBRD will contribute to improving governance in the public and private sector. The Bank will also provide capacity building for relevant institutions to improve competition, promote investment and policy delivery

Egypt became an EBRD recipient country on 30 October 2015

The EBRD's latest Egypt strategy was adopted on 8 February 2017

Egypt's policy response to the coronavirus crisis

The EBRD is monitoring Egypt's policy response to the coronavirus pandemic. Our biweekly publication identifies the major channels of disruption as well as selected impact and response indicators.

Learn more

Current EBRD forecast for Egypt’s Real GDP Growth in 2021: 5.3%

Current EBRD forecast for Egypt’s Real GDP Growth in 2022: 5.0%

Growth slowed in Egypt to 3.3 per cent in the fiscal year ending June 2021, from 3.6 per cent in the previous fiscal year. Economic activity improved in the wholesale and retail trade, construction, agriculture and telecommunication sectors, but these were offset by sluggish manufacturing activity and weak tourism.
 
Meanwhile, inflation slowed to 4.5 per cent in the same fiscal year, below the central bank’s target of 5.0-9.0 per cent, but started heating up in July-September 2021, averaging 5.9 per cent year-on-year, driven by food and beverages price increases.
 
Growth is expected to pick up to 4.9 per cent in fiscal year 2021-22, sustained by the boom in the telecommunications sector, as well as the pick-up in private consumption and investment, and the return of foreign direct investment flows.
 

EGYPT IN THE EBRD'S 2021-22 TRANSITION REPORT

Share this page: