VOL. XXXIII

NO. 34

28-MAY-1990

Financial and Banking News

Budgets & Revenues

Egyptian Assembly Prepares for Quick Budget Debate

The Egyptian budget for 1990/91, which begins on 1 July, is being rushedthrough the People's Assembly following a ruling by the country's constitutionalcourt that the Assembly is illegally constituted. The court ruled that anydecisions taken by the Assembly after its decision is published (probably on 1or 2 June) will be invalid. It is expected that the Assembly will...