VOL. XXXIII

NO.18

5-FEBRUARY-1990

Financial and Banking News

Budgets & Revenues

Egypt Girds Up for New Round of Reforms

Recent statements by senior Egyptian officials indicate that the governmentis preparing to accept a number of IMF proposals for economic reform which couldprove unpopular. The Egyptian Foreign Minister, Mr. Esmat Abdel-Maguid, returnedfrom a trip to Washington in the last week of January with details of the IMF'sdemands for reform, which include an increase in domestic...