VOL. XXXIX

No. 21

19-February-1996

EGYPT

Safwat Sharif Gives Some Details On Next Stage Of Egyptian Privatization

Egypt's much-vaunted privatization program has generally promised much but delivered little over the years. The old government of Mr. 'Atif Sidqi, with one eye on the security situation, was seemingly paralyzed by the prospect of widescale redundancies in newly-privatized firms and managed only to dispose of three small enterprises and to float a number of 10-20% tranches in...