وزير المالية المصري لـ CNBC عربية: الشريحة الثانية من "رأس الحكمة" قد تكون 20 مليار دولار

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00:00 "From here until the end of May, we believe that the second chip from the top of the

00:08 pyramid, which is estimated to be around $20 billion, will be available.

00:15 Also, in the coming periods, we have a sum from the International Bank.

00:23 We expect, let me take it until the end of June, we expect around $4 billion from the

00:32 International Bank, and 1.07 billion euros from the European Union, and a chip of $120

00:42 million from the International Monetary Fund.

00:46 There are expected chips from some countries, Japan said that there are $230 million in

00:56 Egypt, but their timing is still being seen together.

01:01 And there are many other amounts, we have the investment program running, we also see

01:11 that some FDIs are currently talking about it.

01:18 All this says that whether there are two weeks remaining in April, in addition to

01:27 May and June, the total amount may be between $25 billion and $30 billion during this period.

01:39 These are the estimates.

01:41 How will these income be used?

01:44 What are the priorities of the Egyptian government today, in light of the existence of these

01:50 cash payments that you will receive?

01:52 Of course, there are things that we have agreed on as a government and as a central bank.

02:01 We are now trying to increase the cash reserves of Egypt, and we, thank God, announced at

02:11 the beginning of this month that the reserves have increased to more than $40 billion.

02:19 And I think we have a plan to increase the cash reserves in the coming periods.

02:25 How will part of these revenues be used to support foreign reserves in Egypt?

02:31 You said that you are aiming to raise foreign reserves.

02:35 What will you rely on to raise these foreign reserves, the capital of wisdom deal or others?

02:41 When I said these numbers, there is a part of it that will be used to increase cash reserves.

02:49 The other thing is that foreign debt will be reduced because it will be paid off from the

02:58 upcoming amounts.

03:00 Also, the balance sheet debt, for example, 50% of the capital of wisdom deals will be used

03:14 to reduce our debt.

03:19 Therefore, you will see that the financial performance from the first nine months will

03:26 improve strongly because part of this improvement was related to the 50% of the first

03:32 share of the capital of wisdom to the general balance.

03:36 Therefore, it will help to reduce the debt.

03:39 And if we reduce the debt by 36% of the balance sheet, there will be good news.