Goldman Recommends 10-Year Local Egyptian Bonds

The video discusses the fiscal challenges faced by Gulf economies, focusing on the need for intergenerational equity and saving for future generations. It highlights the carry trade in Egypt, noting the shift towards longer-duration bonds due to changing yields. The video also examines Oman's fiscal health, emphasizing the importance of raising non-oil revenues and reducing expenditures, while addressing the political challenges of implementing necessary reforms.

What are the primary policy objectives of Gulf countries like Saudi Arabia and Bahrain in relation to their fiscal balance?

How does intergenerational equity relate to the fiscal policies of Gulf economies?

Discuss the implications of the carry trade on the Egyptian market as mentioned in the text.

What challenges does Oman face in improving its fiscal health?

What are the key factors that influence the political will in Gulf economies to implement fiscal reforms?