Egypt Receives Credit Rating Upgrade to ‘B’ on Reforms and GDP Growth Rebound, S&P Says
13:51 11.10.2025 (Updated: 14:04 11.10.2025)
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Egypt Receives Credit Rating Upgrade to ‘B’ on Reforms and GDP Growth Rebound, S&P Says
With stronger GDP growth prospects and higher revenues alongside controlled spending, Egypt is expected to continue fiscal consolidation, albeit at a steady and gradual pace, the agency noted.
The latest state reforms, according to the S&P rating, have contributed to:
🟠Improving external economic indicators;
🟠Strengthening fiscal metrics;
🟠Boosting tourism.
The conflict in the Gaza Strip underscored the importance of Egypt's mediating and humanitarian role, S&P noted. Partly due to this, the Gulf Cooperation Council members and other countries continue to extend financial support to Egypt, it added.
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