VOL. XXX
NO. 23
16-MARCH-1987
Financial and Banking News
AID FLOWS
US Transfers $115Mn to Egypt
The United States has agreed to disburse $115mn in cash assistance to Egyptas part of its $815mn economic aid program in FY 1987, according to PhyllisOakly, the State Department spokeswoman, on 6 March. The transfer of the fundsat this juncture is because "the Egyptians are developing a plan forcomprehensive reform which is urgently needed to address Egypt's seriouseconomic problems and I think that our...
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