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05:50 The second question is, can we see the continuation of this reduction for the third quarter due to the expansion of your projects and products, especially since interest rates have now returned to a global level? How are you dealing with the reduction in funding?
06:06 Regarding funding, we are implementing a policy on managing loans and the benefits that are built on them, with a precautionary measure regarding the variety of prices and the variety of loans.
06:29 We have a policy on managing interest rates on loans, and on the other hand, we have good financial investments that come from the private sector.
06:44 This also contributes to the process of reducing those costs.
06:59 But in general, we do not have a new intention to adopt a new policy in the short term, in the next six months, which may be that the interest rates will continue to rise, but the gradual reduction in interest rates with the beginning of 2024-2025,
07:19 which will return to the very reasonable levels in terms of interest rates.
07:29 But of course, it has non-positive aspects in terms of the interest rate at the present time.
07:39 We are in a situation where we are facing a lot of challenges in terms of the demand for loans and loans.
07:49 Some countries, such as Egypt and Turkey, have a great impact on the prices of the exchange rate, and the rise in the value of the dollar.
07:59 We thank you, Mr. Fawaz bin Mohamed Al Fawaz, the Deputy Chairman of the Financial Implementation Board of the National Manufacturing Company, for all these details. Thank you.