NO. 8


Financial and Banking News

Budgets & Revenues

Egypt's Country Creditors Express Sympathy for Debt Concessions

Egypt's official creditors, meeting in Paris on 15-16 November, gave asympathetic hearing to requests for Egypt's debts to be rescheduled or writtenoff, but detailed discussions will have to wait until an IMF standby creditagreement has been signed. In a statement issued after the meetings, thecreditor countries expressed their readiness to consider new...