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49.7% increase in remittances from Egyptian expatriates

In an impressive achievement that reflects the performance of the Egyptian economy, remittances from Egyptian expatriates increased during the first seven months of this year (January/July 2025) by 49.7%, reaching about $23.2 billion, compared to $15.5 billion a year earlier.

In a monthly context, July 2025 witnessed a significant increase in remittances by 26.3%, reaching $3.8 billion, marking the highest monthly historical level, compared to $3.0 billion in July 2024.

For FY 2024/2025, remittances from Egyptians abroad reached a record $36.5 billion, an increase of 66.2 percent compared to FY 2023/2024, which reached $21.9 billion.

Economic Impact Analysis

These high figures indicate a positive mood among Egyptians living abroad, which is reflected in the local economy through increased investment and spending. Expatriate remittances are vital to supporting the country’s financial stability, enhancing families’ ability to meet their daily needs.

As this increase in financial flows continues, we can see positive impacts in various economic sectors, from the service sector to industrial activities, contributing to the promotion of sustainable development.

We recommend: Central Bank of Egypt Hosts First Meeting of African Financial Stability Report Working Group

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