VOL. XL
No. 44
3-November-1997
EGYPT
Egyptian Reform Gathers Pace
Bolstered by foreign exchange reserves in excess of $20bn, a solid exchange rate andfalling inflation, the macro-economic fundamentals of the Egyptian economy areindisputably solid. But how far has reform in the capital market gone and how sustainableis Egypt's progress? MEES Associate Editor James Drummond reports from Cairo.
In the light of the recent turmoil in international capital markets, senior Egyptianofficials told MEES...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!