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Coordination council on monetary policy set up
Egypt, Economics, 1/25/2005

Egypt's President Hosni Mubarak issued a republican decree on setting up a coordination council under Prime Minister Ahmed Nazif.

The new council will be in charge of drawing up the country's monetary policy that provides a safe banking system and helps stability of the Egyptian pound exchange rate against the foreign currencies.

Previous Stories:
  Sameh Fahmi: Egypt's first exported gas shipment to Spain starts   (1/24/2005)
  Egypt's oil, gas, petrochemical exports hit $ 1.3 billion   (1/24/2005)
  Oil exports hit 4 billion dollars   (1/22/2005)

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