IMF Says Gaza Peace Deal Offers Opportunity for Lasting Economic Recovery

The Israel-Hamas peace agreement, which has brought an end to two years of armed conflict in Gaza, presents a chance for durable economic recovery in the region, the International Monetary Fund’s Deputy Chief Economist said on Tuesday.

Petya Koeva-Brooks noted that the IMF is ready to work with the international community to help rebuild Gaza and support regional economies badly affected by the conflict, including Egypt and Jordan.

She added that Egypt’s real GDP growth forecasts have already been revised upward—to 4.3% in 2025 and 4.5% in 2026—driven by a rebound in tourism and stronger performance in the non-oil manufacturing sector.

While these gains have helped offset a decline in Egypt’s conflict-affected Suez Canal revenues, she said improvements in Suez traffic and mining activity are expected by 2026.