The Egyptian government begins the actual move to implement the fourth float. And a new devaluation of the pound against the dollar


https://www.youtube.com/watch?v=er2-ukZ7IXI

This episode of Samri TV dedicates its time space to discussing the latest news of the Egyptian economy. and the egyptian pound

The episode focuses on the issue of liberalizing the exchange rate of the pound in particular, among the issues of the Egyptian economy that currently preoccupy the Egyptian street. Where questions continue about the reasons for the delay in floating the pound or the local currency against the US dollar, despite the fact that it is at the top of the requirements of the International Monetary Fund until the Egyptian economy recovers.
This episode of Samri TV dedicates its time space to discussing the latest news of the Egyptian economy. and the egyptian pound

The condition is to float the price of the Egyptian pound to reach its price on the black market, in its latest economic program under which Egypt will receive 3 billion dollars in divergent segments to improve the conditions of the Egyptian economy and the Egyptian pound


The episode links this delay from the Egyptian government to the slowdown in the sale of Egyptian assets announced by the Egyptian government, in favor of strategic investors from the Gulf sovereign funds, who are the ones who carry out a group of Gulf investments in Egypt in order to recover the Egyptian economy, which refuses to make Gulf investments in Egypt as expected and refuses to submit offers to buy Egyptian companies offered by Egypt until the liberation of the exchange rate of the pound and bringing it to its fair market price.


On the other hand, the episode stresses the need for the Egyptian government to take decisive decisions on reducing the billion import bill by the Egyptian government, which represents a huge burden on the Egyptian treasury and thus on the Egyptian economy and the Egyptian government, through the localization of industries by the Egyptian government, in addition to staying away from fixed sources of dollar income in favor of the most stable and beneficial Gulf and foreign direct investment.

Nigerian should follow and float the naira