Egypt to Work With IMF for $21B in Loans

The transcript discusses the challenges faced by the Egyptian Parliament in passing an IMF deal, the government's competency in implementing a strong economic and social reform program, and the financial gap of $30 billion over three years. It also covers the central bank's role in currency devaluation and the need for foreign reserves to stabilize the Egyptian pound.

What are the main challenges faced by the Egyptian Parliament in passing the deal with the IMF?

What are the three major elements of the economic and social reform program mentioned in the text?

How does the government plan to address the financial gap it faces over the coming three years?

What is the expected devaluation of the Egyptian pound according to the program?

What measures should the Central Bank take before adding more inflation to the economy?