VOL. XXXI

NO. 7

23-NOVEMBER-1987

Financial and Banking News

LOANS AND ISSUES

Egypt Signs Rescheduling Agreement with US

Mr. 'Abd al-'Aziz Zahawi, First Undersecretary of the Egyptian Ministry forInternational Cooperation, signed a "technical agreement" with a USEmbassy official, Mr. James P. Covey, on 14 November which reschedules part ofEgypt's civilian and military debt to the US. The agreement covers all arrearsoutstanding at 31 December 1986, together with amounts falling due betweenJanuary...