VOL. XLIV
No. 07
12-February-2001
EGYPT
Egypt痴 Minister Of FinanceDiscusses Liquidity Issue Amid Growing Crisis
Egypt痴 Minister of Finance,Midhat Hasanayn, said on 4 February that during the course of the year 2000 thegovernment paid E15.5bn ($4bn) in dues and debts to companies in an effort toease the current liquidity crisis. According to the semi-official newspaper al-Ahram,the minister attributed the liquidity crisis, which has been building since1996, to commodity purchases from southeast...
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