26-DEC-94/2 JAN 95
Financial and Banking News
Budgets & Non-Oil
Egypt's Foreign Debt Put At $30Bn
The Egyptian Minister of State for International Cooperation, Dr. YusufButros Ghali, has announced that Egypt's foreign debt stands at $30bn and thatrepayment of this debt will be achieved by 2036, provided that the total debtfigure remains at its present level and economic conditions are stable. Speakingat a conference in Cairo earlier this month, Dr. Ghali also said that...