VOL. XXXVIII
NO. 18
30-JANUARY-1995
Financial and Banking News
Capital Markets
Egypt's National Assembly Considers Introduction Of Long Term Bonds
Mr. Muhammad al-Razzaz, Egypt's Minister of Finance, has asked the NationalAssembly to approve the issuance of long-term bonds as a way of funding thebudget deficit and stimulating local capital markets. Egypt's upper house, theMajlis al-Shura, has already given its approval. The Assembly is expected tostart its deliberations before the end of January.
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