2013-12-02

Extending the work period of the tourism initiative until December 2014

In a letter addressed to the Chairman of the Board, the Governor of the Central Bank of Egypt, Hisham Ramez Abdel Hafez, announces an extension of a tourism sector initiative until December 2014. The letter highlights the importance of tourism to the economy and foreign currency earnings. It includes the addition of air transport to the scope of the initiative and emphasizes that the banks will study each case individually to make appropriate decisions.

Egypt

Central Bank of Egypt

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