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00:00Will the Egyptian pound continue to watch over Egypt's entry into dollar liquidity in the coming months?
00:09In the beginning, we pointed out that there are reports indicating that it is expected that the value of the Egyptian pound will rise.
00:16At the moment, the dollar is equivalent to about 48 pounds.
00:21However, if all the funds and support bonds reached Egypt today, it is expected that the dollar will equal 42 pounds in the coming months or period.
00:34This could, of course, undermine the Egyptian currency.
00:37In this context, if we take a look at the funds that are expected to reach Egypt,
00:43we can see that the Egyptian pound, which is expected to reach $35 billion, is expected to win a new payment in the coming days, in April.
01:00We can also see that the International Monetary Fund, which is expected to reach $8 billion in the coming months,
01:08is expected to win a new payment in the coming days, in April.
01:14From the International Monetary Fund and the Heads of Wisdom, we move this time to the agreements signed by Egypt with the European Union.
01:23It is also expected to win funds from the European Monetary Fund worth $8 billion.
01:31This agreement is expected to last for five years.
01:34It is also expected to win a new payment in the coming months.
01:39In this context, we point out that one of the reasons for the expectations of the Egyptian currency to rise is the continuation of the implementation of the initial proposals program.
01:49Today, it was announced that approximately 50% of the proceeds from the sale of assets will be used to reduce the debt.
02:01Therefore, the initial proposals, which were announced by Egypt and exceed $3 billion, can also be revoked today.
02:13The question remains, how long will the Egyptian currency last?