Options for the U.S. As Egypt's Time of Reckoning Nears


 

Publication Date: November 1986

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): James A. Phillips

Research Area: Economics

Keywords: Middle East

Type: Report

Coverage: Egypt

Abstract:

Washington can help ameliorate Egypt's short-term cash crisis, but only Cairo can resolve Egypt's long-term economic predicament. The U.S. should offer help in reducing Egypt's debt burden but should tie its aid to an Egyptian commitment to undertaking genuine economic reforms.