Egypt Finance Minister Says Inflation Is Our Priority

Egypt Finance Minister Says Inflation Is Our Priority

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Business

University

Hard

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The finance minister discusses the primary challenge of reducing inflation from 30% to a manageable level. He emphasizes that inflation is a temporary issue and should not deter long-term investments. External factors like oil and commodity prices pose risks, but the economy is recovering from past slowdowns. Growth rates are improving, and sectors like tourism are contributing positively. The flotation of the currency is also boosting economic activities.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the finance minister's primary economic challenge?

High unemployment

High inflation

Currency devaluation

Low foreign investment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the finance minister, how should investors view the current high inflation?

As a short-term effect

As a long-term issue

As an opportunity for high returns

As a reason to avoid investments

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What external factors could pose a risk to the inflation target?

Decreasing commodity prices

Stable agricultural output

Increasing foreign investments

Rising oil prices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected growth rate for the next year according to the finance minister?

5.0%

4.6%

3.5%

4.3%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector has shown strong recovery since 2015, contributing to economic growth?

Technology

Agriculture

Tourism

Manufacturing