VOL. XXXVI

NO. 23

8-MARCH-1993

Financial and Banking News

ECONOMIC POLICY

Egypt Announces More Good Intentions on Privatization

Egyptian officials have given more details of their plans to privatizestate-owned companies. Mr. Fuad 'Abd al- Wahhab, who heads the Public EntrepriseOffice, said at the end of February that 25 companies would be privatized withinthe next four months (presumably meaning before the start of the next financialyear on 1 July) and that 40 companies would be privatized in the...