Egypt targets 5.4% growth as Suez Canal revenue rebounds 23%: minister

CAIRO: Egypt is aiming for economic growth of at least 5.4 percent in fiscal year 2026/27, with manufacturing, technology and a recovering Suez Canal expected to drive the expansion, according to the country’s planning minister. “What we should watch next is our continuing the momentum of our growth for the next fiscal year, that we expect to reach at least 5.4 percent,” Minister of Planning and Economic Development Ahmed Rostom told Arab News. The target sits at the upper end of the government’