Financial and Banking News
BUDGETS AND REVENUES
Egypt Hopes for Western Debt Help
The Egyptian Government is apparently hopeful of significant help from Western countries in its attempt to meet the servicing burden on its foreign debt, according to statements made last week by President Husni Mubarak after his return from a surprise visit to Western Europe. According to the President, the governments of Italy, France, West Germany, the UK and the US have all agreed to assist Egypt...