The economy will face additional challenges, beginning immediately but growing most rapidly in the period from 2035 to 2050 as all remaining fossil-fueled end uses are transitioned to electric end uses.

IMF - “This macroeconomic turnaround at home and the supportive global economic environment provide a unique opportunity to carry the reform momentum into areas that have historically been hard to tackle. Deep and lasting structural reforms are needed to create jobs as speedily as needed for Egypt’s growing population,” said Subir Lall, head of the IMF team for Egypt.