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...