Pre-Trading Thoughts

The Prime Minister confirmed that the government is currently reviewing the timeline and reforms put forward by the Fund, pointing to the direct impact that the war on Gaza and the subsequent decline in Suez Canal revenues has had on state revenues as justification for the review. The Prime Minister said that the foreign exchange flows and the state’s needs and obligations are proceeding regularly and smoothly, and there is no delay with regard to production requirements, raw materials, and b...