The International Monetary Fund (IMF) cut its forecast for Egyptian economy growth of 2.8% to 2.5% in 2021, while raising its expectations to 5.7% from 5.5% in 2022, according to a prospector report The global economy issued by the Fund on Tuesday.

With regard to unemployment rates, the Fund has raised its forecast to 9.8% in 2021 for 8.3% in 2020, falling to 9.4% in 2022.

"The International Monetary Fund (IMF), in his report, the International Economic Authority (ICF) on Tuesday, expecting the growth of the Middle East and North Africa economy by 4 percent this year, while its forecast for 2022 To 3.7%.

The Fund expected the growth of the Saudi economy 2.9% in 2021 and 4% in 2022, and for the UAE economy predicted 3.1% this year to fall to 2.6% In 2022.

This is in addition to continuing to adapt economic activity with double mobility imposed by closing restrictions.