The Egyptian economy is facing a major crisis

https://www.youtube.com/watch?v=WfmfcX9ydKY

New Egyptian economic affairs presented by this episode of Samari channel.

And starting with Fitch, which downgraded Egypt's credit rating from B+ to B for the second time in just 6 months. The episode provides full details of the reasons for this new decision, which was preceded by similar downsizing by other rating agencies such as Standard & Poor's and Moody's.

On the other hand, the episode presents an opinion article broadcast by The National Interest website about the future of the Egyptian economy, which is experiencing complex crises, with linking the content of the article to the Egyptian economy’s revenue figures, debts, and the budget deficit, in addition to the halting of asset sales to strategic investors from the Arab Gulf countries due to the waiting of those The last two liberalize the exchange rate of the Egyptian pound and bring it to what they consider a fair price.

The episode also refers to the controversial statements made by Egyptian businessman Samih Sawiris about the future of his investments in Egypt and his intention to invest in Saudi Arabia. The episode attempts to explain this heavy and rare look by Sawiris.

Finally, the episode refers to the desire of Egyptian businessman Ahmed Ezz to buy the Egyptian government's stake in Ezz Steel Company in a deal valued at about 2 billion Egyptian pounds.

The episode asks about political roles that Ahmed Ezz might return to playing if Gamal Mubarak runs for the presidency next year.

We talked about the crisis of the Egyptian economy in terms of internal and external investments, and we discussed the reasons that made the businessman
Samih Sawiris, and we all know the position of the Egyptian businessman Samih Sawiris in the Egyptian economy
And the size of Samih Sawiris' companies in Egypt and the contributions of Samih Sawiris outside Egypt as well

Everyone was surprised by his announcement - Samih Sawiris - to withdraw from investing in the Egyptian market during this period
In order for Samih Sawiris to make sure of the stability of the dollar exchange rate, in a way that guarantees all investors, including Samih Sawiris
Enjoying a fruitful economic climate in Egypt, and this was influential to the global financial crisis, whether in Egypt or the United States of America

Can the Egyptian government carry out the “fourth flotation” to achieve the condition of the International Deficiency Fund in an attempt to reform the Egyptian economy and gradually return the Egyptian pound to its position?? And why did Samih Sawiris declare a retreat from investing in Egypt?

Ok

walahi,
e don red everywhere

Egyptian economy too dey face crisis