Record Inflows Highlight Strong External Support for Egypt’s Economy
Remittances from Egyptians working abroad recorded historic inflows of USD 34.9 billion during the first nine months of fiscal year 2025/2026 (July–March), marking a significant increase in one of Egypt’s most important sources of foreign currency.
According to recent data, remittances rose by 32.0 percent year-on-year, compared to USD 26.4 billion during the same period of fiscal year 2024/2025.
Strong Growth in Remittance Inflows
The sharp increase reflects the continued upward trend in Egyptian expatriate remittances, driven by improved formal transfer channels and the expansion of digital banking and financial services.
This performance underscores growing confidence in Egypt’s financial system and the increasing reliance on regulated banking channels for cross-border transfers.
Key Pillar Supporting Egypt’s Foreign Currency Position
The surge in remittances plays a critical role in:
- Strengthening Egypt’s foreign currency reserves
- Supporting balance of payments stability
- Enhancing liquidity within the banking sector
- Contributing to overall macroeconomic stability
Remittances remain one of the most stable and significant sources of foreign exchange for the Egyptian economy.
Sustained Upward Trend in External Transfers
Egyptian expatriate remittances continue to show strong growth momentum, supported by ongoing economic reforms, improved financial infrastructure, and wider adoption of formal and digital remittance channels.
