Wednesday, Jan 03, 2007
BEIRUT (Zawya Dow Jones)--Egypt has issued around 22 million Egyptian pounds ($3.8 million) of new paper and coin currency as part of its monetary policy for 2007, Cairo-based Al Ahram reported Wednesday.
Finance Minister Yousef Ghali said a plan by the public treasury for 2007 entails expanding coin currency to reach a target of EGP3 per person.
He also said the public treasury achieved a surplus in revenues in 2006 at EGP10.26 million, according to the paper. It didn't give more details.
Newspaper website: http://www.alahram.org.eg
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2007 ABQ Zawya Ltd.
(END) Dow Jones Newswires
03-01-07 0810GMT
