Comments on Egypt’s interest rate cut in Reuters, 29 Aug 2025

Dr. Nasser Saidi’s comment (posted below) on Egypt’s interest rate cut and growth prospects appeared in the article titled “Egypt central bank slashes key interest rates by 200 bps” on Reuters dated 29th August 2025.

“Regional support, especially from the Gulf countries through joint ventures, sovereign wealth fund investments, and multi-billion-dollar strategic partnerships have helped the economy recover and improved growth prospects,” economist Nasser Saidi told Reuters.