مصر تكشف عن توجهاتها الاقتصادية خلال 6 سنوات.. ما هي التدفقات الدولارية المستهدفة بحلول 2030؟
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00:00 The Egyptian Council of Ministers has released a new document that includes the strategic
00:06 directions for the Egyptian economy over the next six years.
00:11 What are the most important aspects of this document?
00:14 In the beginning, we start with economic growth.
00:17 Egypt aims at an economic growth of 6% to 8% by the year 2029 and 2030,
00:27 and we have achieved this by strengthening exports and investments.
00:32 Regarding government debt, Egypt also aims to reduce government debt from the total
00:38 local income of 96% in the year 2022 and 2023 to 75% by the year 2029 and 2030.
00:51 Moving on to public interests, Egypt, through its new document, aims to increase the
00:59 rate of public interest growth to 18% over the years from the current year 2024 to 2027
01:09 to exceed the targeted interest rate of 10 trillion pounds, compared to 8.8 trillion pounds
01:17 in previous years, i.e. from 2014 to 2023, through adopting financial reforms, including
01:27 expanding the tax base and increasing the efficiency of tax administration.
01:32 What about targeted dollar inflows by the year 2030 in Egypt?
01:40 The Egyptian Parliament, through the document it published, aims to target $300 billion
01:47 in dollar inflows by the end of the year 2030.
01:51 These inflows will be targeted at dollar inflows issued by the exports worth $145 billion,
02:01 $53 billion in foreign exchange transfers, $19 billion in direct foreign investment,
02:16 $26 billion in Suez Canal bonds, and $13 billion in covenants.
02:24 Egypt will thus target a first interest rate of 2.4% over the years from 2024 to 2027.
02:37 Finally, regarding investment bonds that Egypt intends to establish and launch.
02:44 Egypt, according to the document it published, aims to establish investment bonds,
02:51 including a 20 to 30 billion dollar bond market.
02:58 It is expected that the participants in these bonds will be a number of public institutions.
03:05 Egypt also aims to establish a 1 billion dollar bond market for Egyptians abroad.
03:11 Regarding the documents, Egypt aims to establish a company to export the expected real estate
03:16 of which will be between $2 billion and $3 billion.
03:22 Finally, Egypt, in its new document, said it aims to target dollar bonds
03:28 with an inflow rate of 20% to 25%.
03:32 These were the most important details of the new document issued by the Egyptian Parliament
03:38 on strategic economic directions for the next six years.