VOL. XXXVII

NO. 21

21-FEBRUARY-1994

Financial and Banking News

Economic Indicators

Macro-Economic Conditions In Egypt Show Steady Improvement, Report Shows

The latest Annual Report from the Central Bank of Egypt confirms with figuresthe cautious optimism which many have expressed about Egypt's recent economicprogress. The report, which covers the year to 30 June 1993 (financial year1992-93), shows the private sector increasing its share of overall grossdomestic product (GDP), a large reflow of...