VOL. XLV

No 11

18-March-2002

EGYPT

SlowPace Of Egypt Privatization Attracts ContinuedCriticism

The slow pace of theEgyptian Governments privatization program continues to attract criticism fromlocal and international economists, with many suggesting that fresh momentum onprivatization would help turn around the countrys beleaguered economy. Alreadysuffering from an economic downturn, the 11 September attacks left Egyptsuffering from a foreign currency shortage resulting from the decline in...