VOL. XLIII
No. 19
8-May-2000
EGYPT
Egyptian Government Moves To Stave Off Monetary Crisis And Economic Recession
A looming monetary crisis due to a persistent liquidity squeeze, burgeoning government debt to the private sector and a record of relatively poor fiscal management have all resulted in a pledge from the Egyptian Government to take urgent measures to prevent the economy from slipping into a recession. Following a recent meeting with the International Monetary Fund, Prime Minister 'Atif...
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