Egypt's Core CPI Hits a 7-Year High

The video discusses the ongoing inflation and its impact on a deal that has been delayed for six months. The government is preparing for measures like currency devaluation and subsidy cuts, aiming to stabilize prices of basic goods. Despite expectations, the devaluation is delayed, possibly until November, with the IMF's involvement. The central bank is building reserves, but political challenges remain significant.

What are the main concerns regarding the deal mentioned in the text?

What measures is the government preparing the public for?

What is the significance of the devaluation mentioned in the text?

How has the central bank been building reserves according to the text?

What challenges does the government face in implementing subsidy cuts?