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00:00 Of course, any political instability has an impact on the economic situation in the country
00:08 that is exposed to a political or a disruptive situation.
00:12 Any disruption affects the banks because the investor is forced to start projects,
00:20 to deal with the situation, and there is always a pressure.
00:24 This pressure leads to a collapse.
00:27 The economic situation in the Middle East and the price changes in all these areas
00:33 increase the inflation and eventually lead to a slowdown in the economy in these countries.
00:39 At this time, these countries need the economy to grow and achieve a high growth rate.
00:47 So, of course, the political situation affects the economic situation.
00:51 Any investor wants to be safe should invest in these countries.
00:55 Today, the bank's financial situation is similar to other banks.
01:01 We all know that the situation and the inflation that Egypt is experiencing is also greatly affecting it.
01:09 How do you protect yourselves in this situation?
01:13 We protect ourselves in this situation by studying any project carefully.
01:20 We are very cautious and we study the risks on all sides.
01:29 In addition, we monitor the inflation rate and predict what will happen in the future.
01:34 Because, of course, the economic growth is related to the inflation rate in the future.
01:46 The problem is based on the existence of investors and the availability of liquidity.
01:51 In the economic and political situation, everyone is trying to reduce the liquidity.
01:58 Central banks are also trying to withdraw the monetary mass in the hands of citizens
02:04 to fight inflation.
02:07 The problem that the economy is facing now is that there is inflation and decline in the Middle East.
02:13 This is a very difficult problem and we need solutions.
02:16 What are your estimates of the losses that you are facing?
02:21 For the moment, there are no losses in the Central Bank.
02:26 But people are still facing the same issues as before.
02:36 They are not distributing profits and they are facing what is coming in the future.
02:44 You are not talking about losses. Is there a record of a certain growth?
02:49 It is not a very slow growth because the issue of the inflation rate is not helpful.
02:59 But any result is arranged in moments.