Egypt Seeks Non-Loan IMF Deal by October: Finance Minister

The video discusses Egypt's engagement with the IMF to establish a new program, focusing on structural reforms and human development. The program's duration is estimated to be around two years, with a target agreement by October. Egypt plans to issue bonds in the new fiscal year, maintaining previous targets. The video also highlights the increase in foreign investment in treasury bills and bonds, despite challenges in shifting from borrowing to foreign direct investment. Egypt aims for a 6% GDP growth in 2019-2020, expecting more foreign direct investment.

What is the primary focus of Egypt's new program with the IMF?

• Structural reform and human development

• Reducing agricultural exports

• Increasing military spending

• Expanding tourism

How much does Egypt plan to issue in bonds for the fiscal year 2019-2020?

• $1 to $3 billion

• $4 to $7 billion

• $10 to $12 billion

• $8 to $10 billion

What has been the trend in foreign investment in Egypt's treasury bills and bonds from January to June 2019?

• Remained the same

• Increased by 50%

• Decreased by 25%

• Decreased by 50%

What is one of the main challenges Egypt faces in shifting from borrowing to foreign direct investment?

• Challenges in solving existing problems

• Political instability

• Lack of natural resources

• High inflation rates

What GDP growth rate is Egypt targeting for the year 2019-2020?

• 7%

• 6%

• 5%

• 4%