VOL. XXXII

NO. 29

24 APRIL 1989

Financial and Banking News

BUDGETS AND REVENUES

US May Unblock Egyptian Aid

According to government officials in Washington, the US administration isconsidering the terms under which funds already committed to Egypt may beunblocked and disbursed after recent Egyptian economic reforms (MEES, 17 April).Grants worth a total of $230mn (half of which is left over from fiscal 1988)have been frozen because of Egyptian repayment delinquency. A $150mn three-yearloan at...