Egypt Finance Minister Says Inflation to Peak By 1Q End

The video discusses expectations for inflation, attributing it to supply shocks rather than demand. It highlights strong performance in the bond market, with significant investor interest and confidence in Egypt's economic reforms. The discussion also covers the growth in foreign investment and local debt demand, emphasizing the importance of achieving fiscal consolidation to reduce budget deficits and support economic growth.

What is the primary cause of the inflation discussed in the video?

• Increased consumer spending

• Supply shocks

• Government policy changes

• Demand-driven factors

How did the bond market perform during the offering?

• It had weak demand

• It was undersubscribed

• It met expectations

• It was oversubscribed by three and a half times

What was the impact of strong demand in the secondary bond market?

• Prices remained stable

• Prices tightened by almost half a percent

• Prices increased by 1%

• Prices decreased by 1%

What is the expected growth rate for 2017 mentioned in the video?

• 2.5% to 3%

• 3.82% to 4%

• 4.5% to 5%

• 5% to 6%

What is a key measure for achieving fiscal consolidation?

• Increasing government spending

• Raising taxes

• Reducing the budget deficit

• Increasing exports