VOL. XLV

No 6

11-February-2002

EGYPT

Egypt Receives $10.3Bn AidPledge, Including $2.1Bn For Quick Disbursement

Atthe Sharm al-Sheikh donor meeting on 5-6 February, Egypt received aid pledgesworth $10.3bn over the next three years, with $2.1bn for quick disbursal thisyear. Egypt had asked for $2.5bn after the 11 September attacks on the US hurtthe key tourism industry, while the countrys two other main sources ofrevenue, oil earnings and Suez Canal receipts, also suffered as a result ofglobal...