VOL. XXXI

NO. 39

4-JULY-1988

Financial and Banking News

LOANS AND ISSUES

Egypt Reschedules Debt with Remaining Paris Club Creditors

Coinciding with the end of the financial year and the opening of a newround of debt rescheduling negotiations, the Egyptian Government has succeededin completing long-delayed rescheduling agreements with most of its outstanding foreign creditors under the aegis of the Paris Club. The agreements coverpayments due between 1 July 1987 and 30 June 1988. As of 1 July the...