The IMF expects Egypt’s inflation rate to drop to 16% as the Central Bank keeps interest rates high
06:52 PM Friday, November 1, 2024 Manal Al-Masry wrote:The International Monetary Fund expects headline inflation in Egypt to approach 16% by the end of the 2024/25 fiscal year, as base-year effects fade and the central bank continues to continued a tight monetary policy with high interest rates. Inflation rate accelerated in the last two months, … Read more