VOL. XXXVIII
NO. 24
13-MARCH-1995
Financial and Banking News
Budgets & Revenues
Egyptian Minister Says Devaluation Not Open For Discussion
The Egyptian Minister of State for Administrative Development andEnvironmental Affairs, Dr. 'Atif 'Ubaid, has denied reports that donor stateshave pressed for a devaluation of the Egyptian Pound in order to speed up theprivatization process. The minister stressed that the question of devaluationwas no longer open for discussion between Egypt and the...
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