Egypt Economic Crisis 2024. In this context, egypt is stepping up. The imf noted that china’s growth rate has decreased from 5.2% in 2023 to 4.8% in 2024, with expectations of it reaching 4.5% in 2025.

Egypt’s currency crisis parallels the one in lebanon, which has faced a catastrophic economic downturn since 2019. Egypt’s tax to gdp ratio is expected to be 13.5%.