The Central Bank of Egypt Releases Q4 2025 Monetary Policy Report
The Central Bank of Egypt has released its Q4 2025 Monetary Policy Report, reinforcing policy transparency as a critical pillar for anchoring inflation expectations. This edition explores the dynamics that influenced the global and domestic economic landscapes in the fourth quarter of 2025, providing a comprehensive assessment of their impact on the Egyptian economy. The report focuses on inflation dynamics, the real, external, and monetary sectors, as well as domestic liquidity and financial conditions. Furthermore, it features an outlook section that presents a forward-looking perspective on key macroeconomic indicators whilst accounting for the prevailing balance of risks
Additionally, the Report includes the following three thematic boxes, which highlight topics essential to the conduct of monetary policy
1. Inflation and Employment: Revisiting the Phillips Curve in Egypt
2. The CBE’s Liquidity Management Framework
3. The CBE’s Forecasting and Policy Analysis System (FPAS)







