IMF says Egypt should be cautious over interest rates, monetary policy

The International Monetary Fund (IMF) has said that Egypt should tread carefully with regard to the potential easing of interest rates, citing external pressures such as the impact of U.S. tariffs.The IMF highlighted the importance of maintaining a cautious monetary policy in Egypt, particularly as the country navigates a complex economic landscape marked by high public debt. Reporting by Bloomberg said that while Egypt’s central bank has maintained short-term interest rates near 9.6–9.7% since 2023/24, the IMF’s 2025 review signals that policymakers must tread carefully before considering rate cuts.