NO. 20

23 FEBRUARY 1987


Egypt May HaveOil Trade Deficit of $1.4bn by 1991-92

Egypt's oil tradesurplus of $1bn in the first year (198788) of the country's five-yeardevelopment plan which starts in July of this year may gradually be eroded andultimately turn into a deficit of $1.4bn in the last year (1991-92) of the plan,according to the 15 February issue of Asharq al-Awsat, the Arabic dailynewspaper published in London. The daily notes that Egyptian planning expertswho completed...