Egypt says economy resilient despite Middle East conflict

CAIRO – 15 April 2026: Foreign Minister Badr Abdelatty said Egypt’s economy has shown resilience despite ongoing challenges stemming from the conflict in the Middle East, crediting structural and monetary reforms implemented in recent years.

Speaking on Wednesday at a World Bank session led by Managing Director for Operations Anna Bjerde, Abdelatty discussed the economic fallout of escalating military tensions in the region.

He said the escalation has weighed on the global economy, citing rising energy and fertilizer prices, higher inflation, and increased food costs, alongside disruptions to supply chains, trade, and tourism, which have placed additional pressure on public finances.

The minister said the reforms to the economy has helped Egypt handle economic challenges, while outlining ongoing government efforts to strengthen resilience, including securing sustainable energy supplies and essential commodities.

He added that these measures form part of a proactive approach aimed at maintaining macroeconomic stability and advancing the country’s economic reform program.