Cairo: The Cabinet's Media Center published on Thursday, September 10, 2026, a series of infographics on its social media platforms highlighting the notable growth in remittances from Egyptians working abroad, which reached record levels during fiscal year 2025/26, reflecting strong foreign currency inflows into the Egyptian economy.
According to State Information Service Egypt, the record performance of remittances is a clear indication of confidence in the Egyptian economy and the positive developments it has witnessed, which have contributed to strengthening foreign currency inflows. The increased remittance flows enhance the state's ability to support its international reserves, strengthen financial stability, and underscore the growing role of remittances in supporting the economy.
The infographics showed that remittances from Egyptians working abroad reached $47.3 billion in FY 2025/26, exceeding forecasts by several international institutions. The International Monetary Fund (IMF) had projected remittances at $39.3 billion, while Morgan Stanley had estimated them at around $46 billion.
The infographics also highlighted the significant growth in remittances, which rose to $47.3 billion in FY 2025/26, compared with approximately $36.5 billion in FY 2024/25 and $21.9 billion in FY 2023/24, reflecting the continued upward trend in recent years. The increase in remittances also contributed to strengthening Egypt's net international reserves, which rose to $55.1 billion in June 2026 and continued to climb to $57.2 billion at the end of August 2026, compared with approximately $48.7 billion in June 2025 and $46.4 billion in June 2024.
The infographics also cited assessments by several international institutions regarding the strength of Egypt's remittance inflows. In August 2026, the IMF projected that remittances would remain strong following the recent record inflows. It noted that record remittances, together with robust tourism revenues and the gradual recovery of Suez Canal revenues, had helped ease pressure on Egypt's current account.
In April 2026, S and P Global Ratings said Egypt had stronger external buffers during the regional conflict than during previous crises, supported by reforms that had helped sustain strong growth in tourism revenues and remittances from Egyptians abroad. The International Organization for Migration (IOM) said in May 2026 that Egypt ranked first among Arab and African economies in receiving remittances from workers abroad and seventh globally in 2024.
Morgan Stanley said in August 2026 that the strength of remittances from Egyptians abroad provides an effective mechanism for absorbing external shocks, noting that remittances remained at historically high levels throughout FY 2025/26.