Middle East Economic Survey

VOL. XLVII

No 35

30-August-2004

EGYPT

BUDGETS AND REVENUES

Egypts New Cabinet Faces Tough Challenges Ahead Of 2005 Elections, Says S&P

Egypts new cabinet, which took office on 11 July, faces a tough challenge to reinvigorate stalled reform efforts before next years presidential and parliamentary elections, according to a 23 August report from ratings agency Standard & Poors (S&P) Egypts Reforms Still Face an Uphill Struggle. The cabinet reshuffle marks a...