Egypt Finance Minister Says Inflation Is Our Priority

Egypt Finance Minister Says Inflation Is Our Priority

Assessment

Interactive Video

Business

University

Hard

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The finance minister discusses the primary challenge of reducing inflation from 30% to a manageable level. He emphasizes that inflation is a temporary issue and should not deter long-term investments. External factors like oil and commodity prices pose risks, but the economy is recovering from past slowdowns. Growth rates are improving, and sectors like tourism are contributing positively. The flotation of the currency is also boosting economic activities.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the finance minister view the current economic growth prospects?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does tourism play in the economic growth according to the finance minister?

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