Macroeconomic Frameworks - Fiscal Year 2026
Egypt
Macroeconomic Frameworks (June 15-26)
This was the second in a series of technical assistance (TA) missions to assist the Central Bank of Egypt (CBE) in upgrading its Forecasting and Policy Analysis System (FPAS), including modernizing the CBE’s short-term forecasting tools and Quarterly Projection Model (QPM). The mission expanded the QPM with CPI disaggregation, introduced additional nowcasting models, and estimated the QPM parameters with Bayesian techniques.