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FINANCES OF EGYPT

Licensing Of All Imports (Rec. 9.30 p.m.) CAIRO, October 7. An extension of the licence system to cover all imports into Egypt was announced by the Finance Minister tDr. el Emery). He said that the action was necessary because Egypt’s sterling holdings' were exhausted. Countries interested in selling more goods would have to buy more Egyptian cotton to redress the trade balance. Licences would be given promptly for imports for which Egypt could readily pay.

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https://paperspast.natlib.govt.nz/newspapers/CHP19521008.2.75

Bibliographic details

Press, Volume LXXXVIII, Issue 26856, 8 October 1952, Page 9

Word Count
78

FINANCES OF EGYPT Press, Volume LXXXVIII, Issue 26856, 8 October 1952, Page 9

FINANCES OF EGYPT Press, Volume LXXXVIII, Issue 26856, 8 October 1952, Page 9