VOL. XXXIV

NO. 41

15-JULY-1991

Financial and Banking News

Budgets & Revenues

Egypt to Receive $8mn in Aid over Two Years

Thirty donor governments have agreed to give Egypt $8bn in development aidduring the next two years. The commitments were made at a three-day meetingconvened by the World Bank at the beginning of July. It is still not clearwhether the $8bn figure includes money which had already been committed when themeeting took place, but even if it does the fact that Egypt now knows that...