The Central Bank of Egypt has announced a significant leap in remittances from Egyptians working abroad, with performance indicators showing record growth during the first eight months of the current fiscal year (FY) 2025/2026.
Annual Performance Leap
Data released by the Central Bank revealed that remittances surged by 28.0% during the period from July 2025 to February 2026. Total inflows reached approximately $29.4 billion, compared to roughly $23.0 billion recorded during the same period of the previous fiscal year 2024/2025.
February 2026 Indicators
Regarding monthly performance, the Central Bank statement highlighted a continued upward trend in foreign currency inflows:
Remittances in February 2026 alone reached approximately $3.8 billion.
This represents a 25.7% growth rate compared to February 2025, which recorded $3.0 billion.
This steady increase in remittances reflects the growing confidence of Egyptians abroad in the banking system managed by the Central Bank, further strengthening foreign currency reserves and supporting the national economy.
