Did you miss the results of our Enterprise Fall 2022 Reader Survey in yesterday’s EnterprisePM? Nine months into a year that has weighed on global and domestic economic conditions, thanks in large part to the outbreak of war in Ukraine, the vast majority of you (70%) agree that 2022 hasn’t lived up to your hopes that it would be a good year for the business community. Since the start of the year, we’ve seen investors punch out of emerging markets, inflation spiral, the EGP slide more than 20% against the greenback, and the imposition of import restrictions that are weighing heavily on businesses.

The ongoing FX crunch is weighing heavily on many of you, with 22% of respondents citing access to foreign currency as the biggest problem facing their business today and some 66% agreeing that your business is presently affected or constrained by poor access to FX. Foreign currency is a more commonly cited problem than inflation and red tape or regulations, which tied for the second-biggest problem for businesses.

It’s also factoring into your budgeting plans: Survey respondents are, on average, budgeting for the EGP to settle at 22.12 against the USD next year. Some 85% of those surveyed are expecting the EGP to fall against the greenback from where it stands today, with 64% budgeting for the currency to fall to 21-24.

What’s your view on the M&A and IPO outlook? Do you think the government in sync with the needs of business? Check out the full rundown of the survey results in yesterday’s edition of EnterprisePM.