VOL. XXII

NO. 10

12-DECEMBER-1988

Financial and Banking News

BUDGETS AND REVENUES

No Sign of Egypt and IMF Resuming Negotiations

There is still no sign of any imminent resumption in substantive negotiationsbetween the IMF and Egypt, after a visit to Cairo by an IMF technical delegationa month ago produced little evidence of progress in the long drawn outnegotiations over the Egyptian Government's proposed economic reforms. Theextent to which the IMF is willing to give its approval to Egyptian...