Pre-Trading Thoughts

The Madbouly government expects to raise as much as USD 6 bn by selling stakes in state-owned assets by mid-2023, Planning Minister said. Egypt's liquefied natural gas (LNG) exports reached USD 8 bn in FY21/22/. The government will target USD 8.5–10 bn in natural gas revenues in FY22/23. Egypt is targeting digital exports of USD5.5 billion in FY22/23 (+13% YoY). The Ministry of Electricity is looking at the new electricity tariffs and is developing scenarios for the deferred price movem...