Goldman Sachs expects inflation in Egypt to fall to 30.3% on an annual basis in April

Minister of Finance 6 May 2024 No Comments Blog

Goldman Sachs expects Egypt's inflation rate to decline to 30.3% on an annual basis in April

Goldman Sachs recently expected that Egypt's debt issuances would decrease during the second quarter of this year to 724 billion pounds, or approximately 240 billion pounds per month.

Mainly driven by Q1 advance financing issuances and Ras Hekma proceeds, which will put downward pressure on interest rates in the short term.

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