VOL. XXXVIIINO. 1112-DECEMBER-1994

Financial and Banking News

Financial Policy

Egypt And The IMF Resume Negotiations On Economic Policy

The International Monetary Fund was due to resume negotiations with Egypt on10 December with a view to concluding the first review of Egypt's SDR400mnextended fund facility (EFF), which was agreed in September 1993. Negotiationshave been deadlocked due to disagreements over economic measures which the Fundsays that Egypt needs to take in order to fulfill the...