VOL. XLV

No 31

5-August-2002

EGYPT

USGrants Egypt $241Mn

According to the 4 July edition of the Egyptian Gazette, the UShas granted Egypta total of $241.37mn from its globalization aid program. The grant is made upof two separate tranches of $107.87mn and $133.5mnand has been earmarked to expand Egyptian private sector exports and to enhanceEgyptç—´competitiveness through the globalization of the Egyptian economy. The grantalso aims to enhance the trade and investment environment in Egypt,develop...