Egypt's Macro Outlook in Focus

The video discusses Egypt's economic vulnerability due to rising food prices, highlighting that 2.5% of GDP is spent on food imports. It explains how Egypt extended its food inventory to mitigate domestic price increases. The transcript also covers expected inflation trends, with a rise in inflation rates anticipated in the second half of 2021, and potential central bank interest rate hikes in 2022. Additionally, it addresses the positive impact of Moody's ratings on Egypt's bond market and the expected inclusion in the JPMorgan index, which could lead to significant inflows into the bond market.

What are the two main factors affecting Egypt's food prices since the beginning of the COVID outbreak?

How has the extension of Egypt's inventory of food grains impacted domestic prices?

What inflation rate is expected in the second half of 2021 compared to the first half?

What is the expected impact of oil price instability on Egypt's economy?

What are the anticipated inflows into Egypt's bond markets in the second half of the year?