VOL. XXXIII 

NO. 6 

13-NOVEMBER-1989

Financial and Banking News

Aid Flows 

$420mn Italian-Egyptian Aid Protocol Ratified 

Details of Italy's aid protocol with Egypt have recently been published by the Egyptian Official Gazette after formal ratification. The protocol for 1989-91 was signed on 2 March (MEES, 6 March) by the Central Bank of Egypt and the Italian state agency Mediocredito Centrale. It incorporates a grant of IL215bn ($158.4mn) and soft loans of...