Report No. 7447-EGT

Arab Republic of EgyptCountry Economic MemorandumEconomic Readjustment with] Growth(In Three Volumes) Volume III: AnnexesFebruary 2, 1990

Country Operations DivisionCountry Department IIlEurope, Middle East and North Africa Region

FOR OFFICIAL USE ONLY

Document of the World Bank

This document has a restricted distribution and may be used by recipientsonly in the performance of their official duties. Its contents may not otherwis^be disclosed without World Bank authorization.

Pub

lic D

iscl

osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

utho

rized

FOR OMCAL USE ONLY

STATISTICAL APPENDIX

Table No. Page No.

Section I. Population and Employment

1.1 Mid-Year Population, Rates of Birth, Death and Natural Increase I

1. Employment by Ecconomic Sector for Sele^ted Years 2

1.3 Wages and Salaries by Sector for Selected Years 3

Section II. National Accounts

2.1 Gross Domestic Product at Current Prices 4

2.2 Gross Domestic Product 5

2.3 Resource Balance at Current Prices 6

2.4 Resource Balance at 1981/82 Constant Prices 7

2.5 Gross Fixed Investment at Current Prices a

2.6 Production Efficiency 9

Section III. Balance of Payments

3.1 Balance of Payments - Current Account 10

3.2 Balance of Payments - Capital Account 11

3.3 Commodity Composition of Exports 12...

3.4 Commodity Composition of Imports 133.5 Service Receipts and Payments 14

Section IV. External Debt

4.1 Principal Debt Ratios. FY82 - FY87 is4.2 External Debt, FY82 - FY87 16

4.3 Currency Composition of Civilian Debt 17

4.4 Civilian Debt by Debtor Composition 18

4.5 Civilian Debt by Creditor Composition 194.6 Average Terms of New Civilian Debt Borrowing, FY82 - FY86 20

4.7 Structure of Civilian Debt Commitments, FY82 - FY87 21

Section V. Public Finance

5.1 Summary of Central Government Operations, 1982-87 22

5.2 Financing of Budget Deficit 23

5.3 Government Revenue 24

5.4 Transfers of Profits to Central Government from Public 25Enterprises

5.5 Direct Subsidies Paid from the Special Fund for Subsidies 26and the Treasury Fund

5.6 Public Sector Investment Expenditure 27

5.7 Government Civilian Employment and Wage Bill 28

This document has a restricted distribution and may be used by recipients only in the performanceof their official duties. Its contents may not otherwise be disclosed without World Bank authorization.

Table No. Page No.

Section VI. Monetary Statistics

6.1 Monetary Survey 296.2 Balance Sheet of the Central Bank of Egypt 306.3 Balance Shieet of Commercial Banks 316.4 Balance Sheet of Business and Investment Banks 326.5 Balance Sheet of Specialized Banks 336.6 Factors Affecting Monetary Expansion 346.7 Structure of Interest Rates 35

Section VII. Agricultural Statistics

7.1 Production of Major Agricultural Crops 367.2 Cotton Production 377.3 Meat and Poultry Production 387.4 Total Costs of Production by Crops 397.5 Indices of Agricultural Production and Yield 397.6 Announced Cooperative Purchase Prices for Selected

Agricultural Crops 41

Section VII'. Industrial Statistics

8.1 Output of Selected Industrial Products 428.2 Production of Distribution of Industrial Goods 438.3 Index of Industrial Prodtuction 44

Section IX. Energy Statistics

9.1 Production and Distribution of Crude Petroleum 459.2 Natural Gas Reserves and Production 469.3 Petroleum Products and Gas Balances 479.4 Exports and Imports of Crude Petroleum and Producui 489.5 Petroleum Export Prices 499.6 Installed Capacity, Energy Generated and Peak Load, 1956-1987 50

Section X. Tourism Statistics

10.1 Tourist Activity 51

Section XI. Other Sectors

11.1 Suez Canal Traffic 52

Section XII. Prices

12.1a Wholesale Price Index (1965/66 = 100) 5312.1b Wholesale Price Index - Annual Average 5412.2a Consumer Price Index for Urban Population (1966/67 = 100) 5512.2b Consumer Price Index for Urban Population - Annual Average 5512.2c Consumer Price Index for Total Population - Annual Average sr12.3 Deflators (1981/82 = 100) 5512.4 Import & Export ($) Price Indices (1981/82 = 100) 59

Table No. Page No.

Annex II - The Nationai Accounts of Egypt

1 Official Estimates of Egypt's Gross Domestic Productby Sectors 60

2 Official Estimates of Egypt's Expenditt'res onGross Domestic Product .61

3 Official Estimates of Egypt's Expenditures onGross Domestic Product, 1981/82 and 1986/87 62

4 Production of Major Agricultural Crops 635 Gross V'alues of Industrial Products 646 Deflators for Egypt's Expenditures on Gross Domestic

Products, 1981/82 and 1986/87 657 Egypt - Gross Domestic Product by Industrial Origin

In Million Egyptian Pouwds 668 Egypt - Gross Domestic Product by Industrial Origin

In Million of 1981/82 Constant Egyptian Pounds 679 Egypt - Gross Domestic Product by Industrial Origin

Deflators 68

Expenditures on GrossDomestic Product in Millions10 of 1981/82 Constant Egyptian Pounds 6911 Expenditures on Gross Domestic Product Market Prices 7012 Computation of Production Index for Petroleum S:ctor 7113 Computation of Deflator for Agricultural Sector 7214 Derivation of Deflator for Manufacturing and Mining

Sector 7315 Derivation of Deflator for Petroleum Sector 74

LO

n6Y

I-'

0

a-1

10

00.

'I04V

TI

SO eV~~~~~~~~

de CIlb~~~

Table 1.2: azq9of by EcPA Ntecgst,foe r *le tid van(in Thoussi of Pfflmw

196111 19M1 196W 1917

Cfty lonrs- -63t 650- AS-- 7127

Nasif.. Fotiulem .47. . 47.

&NImiu- 141- 165 1M toIt te1itv -64- _74 _r - X. 79

P°*lte utilitis To 0 ?4r' 7?'£Cnrgug 39I 32 51 .- 4 W.

Oistrtbwlen $0etera I54, Ing 1775 1441.

trauu lttmn, Cav.II stoare 48 552 54- S44

Tra & p1rnUc tOP 11 11. 1W

et ie loners 294 35 35 3414 -

ImliWg -R 13 W. EOther sevIc / z27 3151 3= -342

(TSuF 10 130 13 .141

ClvItimla-.fohl 1576. 1155 12111 12114--

'M.Ic Emmtemn 3459Perivate _olein n4 MO

Samws ministry of Plamtiw.

-3-

rable 1.3: Wm am Islarv ltl by osur.teor 1stauud YOMcin suimis of gWIpt*w PONM

196112 195115 1956 'Win

CMWt tetom 3.4 II3. 6054.? 6.313.m - ~~~~~~~~~~-

A^iwittwe 164.5 206. 2 6 23.9"Mo., Petromsa Wm

Ninl, 66.n23. 3. 3051.4letrlfct 7.1 118.? 199.0 211.9

AmSc Uttltlus 50.1 6L 122i 131.5Contrmtton 4'.81 63.5 5.9 629.5

Oistribsntm tees 194.8 273.4 341. 364.3

r,im., Cm,asw store 599.& 867. 105.9 1047.0frome W ftm 1345.2 186.5 24UA. 26J

Sece seen 3151.2 457.4 5M. 60.

Naming 73.2 98.3 96.0 10.0#e Semes 3106.0 4439.1 5363.5 59 0S5

curtsin) 119.5 164.5 2C?. 218.9(SOVUIYI 43.0 451.4

otal 8A.4 12464.4 140.5 16133

pubic 5 :w Solarie 4ri" .1 0MAprivate later saetws 4124.3 644.6

sourest Ministry of plam,tn

Sectiou [I. blational Accounts

-4-

Table 2.1:ros Dom_tic Preot at Currtt PIb$cW(in Nitt. LU)

l1911 1982 196/64 19U 1961" 1965

C,ft, setom WU- -1-5s--lin-lor In Z 19M

Algieuttn 3m 45 5494 63 71 UMu_. & Niniro 2170 306 315 4316 48W sonParsifum 2 524 21l Mr 2n1 23ElatrucitY & Pubtic

Utlfties 128 1i7 212 276 31. 46Cintiwtiof 1055 122 137 15 lV 128

Dlstribsuton seto 579C 74W SW 10in 117 1400_ _ _ a. _ -

Trw., cam, & store 1358 19 2140 23m 211 sonse Cim 642 62 69 64 719 anTIatd, Finance

A tnauus 3M 48 66 7418 am 10960(Tra) (2430) (3209) (440) (49C) (9"50) (7 )

S*vice Sntos s30 4211 W.N 6616 1m 7n

Nouing 373 452 525 61? 714 7aUN sepvces 3477 379 "a sm 6093 69toswis C2UB) (206) C) C2*i (3=) (470)

cOP at Factor Cost 2M9 23241 274 3196 3651 41M

Not Indire ram 684 929 1104. l13 2126 167

cOP at aRkoet Pflie 2071 24170 2804 33132 3586 L367

So"e ministy of Pltming N o 10 eutimate.

tabl Z.2 : Gross Omso1tIc Product(in Nilitons ot tonstant 1951/82 LI)

1961/82 1962183 1983/84 1984/85 1985/86 1986/87

Comme _ ty Soetors 10453 1 -17 11746 12416 12701 12976..... ... O... .... ... . ... .0 ... ..................... ..

Agrieulture 3932 4046 4131 423U 4353 4444Manufacturing 8 Wining 2670 2341 3071 3270 3354 3456

Petroleum 266 2681 3202 3548 3500 3628Electricity & Public

Utilities 121 141 163 179 191 209Construction 1055 1105 1179 1324 1273 1242

Distribution Sectors 5794 6557 6941 7480 7r1n 7976..... ....*. .... . .... a .... a....

Trons.,Com_. I Storage 1S35 1595 1755 1933 2024 209Suez Canal "4 662 656 68 653 626

trade. Finanse& Insurance 3795 4300 4530 49.9 5095 5257

(Trade) (2430) (2790) (2962) (3201) (3157) (3337)

SoeA;e Seotors 3550 40ii 4213 4445 45S; 72=*..*... ... a.... ..... a....... ..... ........... ........

#easln 373 410 452 484 513 544Other Services 3477 3601 3761 3964 4065 418U

(Tourism) (223) (240) (257) (27) (255) (299)

GOP at Factor Cost 20097 21565 22900 24411 25057 25689..... ...... ...... ...... ..... ..... .... a....... .....

Net Indirect Taxs* 684 Y35 779 831 853 874

GOP at Narket Prices 20781 22319 23679 25242 25910 26563..... *.a.... ..... .a.*.... ..... a.......... .... ...........

Nom I too IGOP annua growth Iate 9.9 7.4 6.1 6.6 2.6 2.5

Sourcet Ninistr of Planning and 1050 estimate.ENSCO 12/23/1955

Table 2.35 AkUsWe lalSe Ot Currlnt PricIS(inflit t1!!.

MM61182 19U81 1983/51 195J1 195/"8 198618?

GOP at mret pries 20731 24170 26501 33132 35 4368.~NNM EEM -NMM -,,* -

RluUM a (I, eft-*Xpo*t) 3093 26 317 4019 3783 47,.. -..mw -..MN& - -ENWE

*lmPso of loom NW ft 814 a81 1020 10818 9817 113In

*Eparts of goom eu rfs 5615 6159 6371 61 60 6593

Total rmsureu (GOP * regvwes9X) 238 201Z 3Z31 371 42139 484

-MEE -.. M - - -W

rleml conssion 1761 1967 2450 213 336 'W- - - -- -EN-M

P Pbtic 3706 4160 5141 513 634 6325* Private 1I2 1512 193 221 26M 33M9

Gnu llItamnt USO 6946 713 O 90" 815

C rons fixed IVIWstUhU 6150 7148 i am34859 am1-EE - -M -W. -..

Pubilie (6 53 56 5719 5781 5240Private 146 2108 221 219 28 3615

chnes in stous 100 *200 200 500 500 .450- . - _ -

Pu*lic 76 141 141 34 335 268* Private 24 *59 59 157 165 *184

Ousmtic Savings 3154 4293 3997 619 5310 360

Mot factor 1nm 123 1109 17m 2 -3 *510

Curren trunter 41 22 24 25 24 25

Nationa Savings 3319 5430 571 5 506 5000 316-W -E - - -

Grou Nationl Produt 20945 2502 30258 3m9 3804 432025E*- - E -

taunt. Nfnistry of Pluming, Central Iank of Egyp wd stff eslmmts.

-7-

Table 2.4s Rrewce lstame at 1981/82 Costant Prices(In miion of Egyptigl Poudsl

1931182 19/ 196/64 196/85 1988 1986/6

Gross d sntle prostcat m.p) 2071 22319 23619 25R2 25910 265U

Term of trade offeet 0 *62 294 *40 '1317 280

Gru doestic income 2075 227 235 24 24593 235

Resc am (iwort-*xport) 3096 23S 3304 35 2116 333

IlNts of goodsm nfe 81 we 10107 10405 9089 7615

Caettv to imott 5615 6159 6306 646 5587 44SS

Gpon of goods ad nfs 5615 6221 603 672 6904 73U

Total RtssAce 2367 24 M2 2877 28096 2619

Cnaw tion 17 low 2011 21093 21530 21459

Pubic 3704 407 45 459f 4625 4520Private 139 14254 159 1697 16902 166

Imnssam 6820 "T 7150 76 6727 5525

Pble 4740 4576 5027 5276 4s09 3265Private 1490 1910 212 2416 2218 2260

Statistical Discrepay 0 54 3 .7 161 *92

Dotic Svigs 3154 39 35 376 306 2217- -. - a _

Not rFctor Income 123 1065 14 1S0 237 256

CIWSITrfls 41 22 22- 22 17 14$-

Nattmi angs 3319 494 490 39me nu 1- a . - a -

GrM Notioal Proact 20945 234 2528 25"44 253 26M

Cros fixed Invstmut 6150 6683 6965 7250 6319 5WPbflic fixed Inwstubnt 4654 4715 4 49 4235 3

Sorcs Ministry of Ptaning , Central Is* of g.t ad I= astisem.

-8-

Table 2.5 : Gross Fixed Investmmft at CurrCnt Pricn(in miltions of Eyptinm POund)

Estim.1981/82 1/ 192/a3 193A4 1933 1985/86 I936

Codity Secton 3721 409 440 40 4821 4947

AIPculture W ZW 1f ' Naufacturitng & ining 1550 149 13 1614 1512 170?

Petrota 2/ 78 909 1104 130. 1On. 756Electricity & Pui*ic

Utilities 752 914 1034 109 132 1l2Cosruction 159 214 210 195 1n n5

Distribution sectors 1422 1714 1 740 1834 1719 l57

Tr".. Co.,S Store" 3/ 1170 15s 1EG l4 1613 1480su Cam (8 (81) (75) (66)

Trab d Finance 252 126 13 141 96 92

Semoce Sectors 107 1303 1359 148 1a" 2207_ - -_ -_. _-

moing 60? 8 m 942 1341 1640tU r sevices 46? 418 531 Su 549 5U

Gross Fixed Investmeg 6217, 706 7503 819" 431 72

nvtn t Expes *67 98 130 145 162 140

Investment t.einditure 6150 714 7634 8593 8

Puhtic Sector 4684 5038 5369 5719 5761 5240Private Sector 1466 2106 2265 2619 282 3625

memo:Foreign Invecmnst 494 76 916 1078 89 68

Oil Cownies 4/ 365 645 813 ig 7W s5'La 43 Canes 129 151 103 148 153 123

Sources Ministry of Planing an 18R0 staff netimtes.

1/ setoral data estimted.2/ Expowation m producton by foreign en domestic IoAine.3/ Inctude Sue.4/ Nfn. of Pleming data which is not fully coepsrbloe mith data.

Tabl 2.6 Pro t1in gffic le

Icon By CTOI IN £1182 pICES 76-81 77.82 78U3 71.84 80-8 8t-"Cindty Sassit 3.3 3.9 4.5 *.r. 6.8 6.8NUIINtUfm ir in natry 2.3 3.3 4.1 4.2 7.5 6.4Agricutture 2.5 2.2 2A.- 3.3 4.3 5.1Naemfacaing & Nining 6.1 6.5 6.2 6.2 7.5 L8

1lmnr$ecPt &tz I 1:4 2:0 2:5 2:7 6:1 31.2Contrution 1.5 1.6 2.4 2.7 2.8 4.5Sat. Indstry 3.4 4.4 4.9 5.0 7.5 7.3of which ne.oil 5.9 6.6 7.1 7.2 8.3 9.6Otbir thm oillAm . 5.5 6.8 9.r 10.4 10.7 12.6Total Sevce 0.0 0.0 0.0 0.0 0.0 0.0Distributhion seto 1.5 1.5 1.8 2.0 2.4 3.4

Tram., Cam, 3.4 3.2 3.6 4.3 4.9 8.6Sue, Cana 3.9 4.6 5.a 10.5 26.1 2.2rrad au Finee 0.2 0.2 0.3 0.3 0.4 0.5Sofice ectors 2.6 3.3 3.4 3.7 5.4 9.2

:aoing 10.2 11.1 12.3 14.6 18.4 nJOt=e Sevie t 1.5 2.0 2.0 2.2 3.3

ota Oros fixed invesotm 2.5 2.8 3.1 3.4 4.6 6.0M I

liI Sutors 2.8 2.9 33 3.6 4.4 6.2

Section III. Balance of Payments

- 10 -

table 3.1: alnc of Pawmnts -Current Accawt(in 1N6U. lUi

PreI.ACt.¶911112 1219U 1938 191M S 196516 190UOt

Trmpsi *1fe -401 Ibrr IM1 55U * 413

Merchandise exgrs, f.o.b. SM 5248 5924 6073 5193 .040

Egvm (3329) (20IW) (MT) (t2 ) (2210) (1,36Foreign commis (1340) 1337 (153) (110M) (178 (1315)

Naw-Ptroiaue 1110 1064 1392 1294 119 1381Catton (30) (314) (432) (414) (356) (343

Other Wriculture (90) (159) cR11) (40) (119) c12)Teunlie CM (199) (n25 (2) (266) (n0)

Other _dtiseS ( I0) (411) (4"I (VA) (436) Cs")

Nt ser i iurn,. e.i.f. *1- 0 -9419 -1133 -1153 1051 -*5mg am wintt w -TTM -1= 1T IUS 1_ *12I

Other egricAiw -1530 .1S39 -151 -*16O -I153 -illIntemsete _em .343 -261S -3369 -33n2 -3100 -22.

Petroesu (-0l) (-493) ( 514) (-9) (-0) (-19)other tn. qso (.220) (-2322) (-2133 (-303) (-279 (4233)

capita lam -3173 -39 33" 9 -345 -3234 *2412O ius co. (-2435) (-43) (-251) (-DO) (-2173) (-1"9

roree t c . (-780) (-130) (.112) (-07 (1058) (-93)IN~. cedM. gm 1100 .1118 -1667 -17S -1661 -16.

Neo nrfectw smies O 70 472 545 347 113

Reips 210 25 2MI 26 2t4 31Towim 611 304 1/ 23 410 321 376

Suez Canl 90 957 974 7 10 1148Oh1 n.f.s. ecipe 643 1343 1 131 12 1707

pe*et - 1S3 -im -208 .20"1 -2300 -1176lessrce eal"_ -M -313 -4932 -4915 -501 -*5

Net factor serit 131 123 1is 212 -30* -420

Recitus 243 4163 5010 459 36 3663

Workersn remttensee 1933 3165 3M1 346 29 28U5Other .s. recep a/ 4V6 1016 1019 1043 914 7W

P wuwu 3/ -2m 2 *2M 1 -432 -4193 -4055Interemu.fflise 4/ .912) -lOU -1167) -1372 .1495 * t1g

Intemhuoritvee . 20 9476 -497 -7m7_nnmMe-se tn 0 -20 400 -59 416 *

Potfits trmf. abrh -1340 -1m -15 -*160 -175 -1315

Net Prate frmfees 51 28 26 28 22 21-CWMu aCmu buat e -3301 -M230 -303 -47 -53 -3*7ss

-. -_- .

Cturn acesaw roe ts 10416 120I1 1n1l 1 11749 1O97Cirrent eoumaw Pewenc -1391 -14"11 -16556 -111 -17O74 -1464-

1/ Fra 1916 rws, eamrings from gap Air tensfes trm this cezegy to that etother ntanor sevie.

2/ Inslude intest an teservve3/ In 1984M,.dts tneluds suttued Uras.4/ InelulO ftiltut .

tibl 3.2: allance ot Payments * Capital Account(In Nih. USS)

1961/82 1982/63 1983164 1984185 1985/86 1986147

Current aecount balance *3501 -2350 -3038 *4735 *5325 *3737

Autonemous nonometerty capital 1/ 2315 2767 2H92 2326 2460 353..... ..... .. 000 .. *** .....

Sirect Investment 6S5 966 1275 1269 1275 S49Offfcial Capitat Grants 391 675 760 1171 1267 1652Oiffcel toons (net) 1/ 996 as? 62 62 -195 714

Oisbursements (1464) (1172) (1426) (1096) (960) (959)lepaymots 2/ (-470) (-315) (46C-1016) (-115!) (-1673)

privete loans (not$ 45 26g -205 214 93 -612SuW 4e0s credit 61 90 .175 -57 -135 .663

isabrseemats (1050) (1120) (o25) (650) (1192) (4s)epam"ents (-96S) (-1030) c-1000) (490tH)-13271 (-1S23)other (not) -20 19 -30 -157 226 .169

Balaons on non-monetary -

transactions .116 437 -34 .2407 -2866 -3462..... .......... ..... ....... .. ............... .. ........

Errors and Onisslons 4/ 1203 452 -13f5 1536 2119 1469

Overall Balance I? 6a9 -1731 -671 .746 -1993a.... ..... ..... .**.. .. .. *..

Change in reserves -17 -669 -139 -400 -400 -600

Speisl Financing 1670 1271 1146 2s5

Change in Arrears 1670 S/ 1271 1146 -4257

Rescheduled Oabt 660

Sources Cantral Sank of lgypt, INP and 1333 staff estiates

1 From 1964165 onuadsestime includes Western silitery debt.2/ FY864/8 dota includes 1392 il. militcary repayments to USSR.3/ Estimate.4/ Including short-term capital.

- 12 -

Tale 3.3 : Cditv C_ittM of EAOpteCPered of total

Oeariptisn 1931801 1961132 1962 1931 1964165 1983586 19U6

Petiroea 1/ 67.2 56.7 63.5 5S.3 66.9 66.1 32.8

* 'tin 6t7 587 6s3 5-3 63 64T 332

Agricurtwe "am 19.4 3.0 19.6 24.0 1S.5 17.1 2.7

a st 12o 2 15 I2:5 M. I: iT " ITY 17-Rice 1.2 1.3 0.3 0.6 0.3 0.3 0.9

dCitn frnut 1.4 2.1 2.4 2.7 1.8 1.8 3.9Oneio am potato. 1.5 1.6 1.3 1.5 0.6 0.9 1.9

* Gum' 3.1 2.2 3.0 2.t 2.3 2.2 4*3

ndatriai odse 13.4 16.3 14.9 20.7 15.6 16.8 4t.5

- cattion 1.J 5:5 r- 7. C J w 19. tCtnan textitoo 1.' 1.1 0.8 1.7 0.7 1.? 4.7

otwwving & tact too 1.6 1J 1.4 1.6 0.9 1.2 0.4lo s"tuff 0.5 2.1 1.4 1.2 0. 0.6 1.4Cbaeis 0.0 0.7 1.s 2.4 0.1 0.0 0.1

NMe ad awin. 3.4 6.2 3.9 5.7 4.1 4.7 9.2. at. O.A 0.9 1.4 1.3 5.5 2.1 6.5

Total ezxs. 100.0 1O0.O 105.0 100.0 100.0 100.0 100.0- ~ _ - -_ _ -

Mem It" s

Total eaoxts WiL.L13 21 239.7 1987.7 2203.4 2190.0 269.9 2450.9 2063-4

souse Centa Iguuy for "tic mbtlteatilvtam stattsties (CA_NUI

1/ Excudm ftorein oil omunes.2/ CAWU date on Oxmrt are not diretly cas'e with purt

don givu in tho Osine of Pevums cbeg ah an CentralEmS mtl Je to we of dtftfsm exbnue rtU.

- 13 -

Table 3.4: Ccmmoty Coaitfot, of Iam to 1/(Percnt of total)

1981/82 1962/3 19/64 19i84s/ 19856 196/87

~~ iwts ~~~~~~ 3.2 - -H.o L4 5* .3 3 .* -a.4

Crude oetrot" a / -* TY 5T --Petroteum wracts 2/ 2.1 2.9 2.9 2.3 2.5 1.5

Cakee wcost 1.1 0.7 0.6 0.9 0.9 0.9

Primrv cindlties 14.3 11.2 9.4 10.2 10.6 10.6

wNHt 1 '. r.l t -n CT 7- M:Tobacco 1.0 1.5 1.5 1.7 1.7 I.?Nails. 4.1 2.5 2.2 2.0 2.0 1.4WWIl 0.3 0.2 0.2 0.2 0.1 0.1

sem- 0.1 * 0.2 0.2 0.1 0.3other 0.7 0.9 0.7 1.3 1.0 1.1

Ingt~ Gae coidltfes 32.1 32.8 33.1 35.6 39.8 39.6

Animal feta ad vegtable oiIs V "! OTT M - n 3 '. Z 3Oils am wan 0.3 0.7 0.5 0.4 0.6 0.2

cn_ioesls. n.i.e. 4.2 4.0 5.1 5.1 5.5 4.5Fierttfzenrs 0.8 0.4 0.3 0.3 0.6 0.2

Oyestaff am colorIng o.? 0.6 0.6 0.6 0.7 1.0R-*br a rmar omsts 0.6 a.? 0.8 0.7 0.6 1.5

woo No cark 3.6 3.6 4.1 4.4 4.9 5.8PowernOsas$ pr -ara ts 2.0 1.6 1.5 2.4 1.7 1.8Iran wa steel oruats 5.8 6.2 6.0 7.9 6.0 9.7

Other mcats am meSat 0.4 0a. 0.5 0.5 0.5 1.7Eltetrical po ruca 1.1 1.4 1.1 1.1 1.0 1.6

O0e 9.4 9.6 103 10.3 103 94

Capital c ties 3/ 25.3 27.7 27 26.2 23.4 24.7

own ed autinbi l) .Z 1T M n -:ry u 5Other ooor vehIles) 1.3 0.3 0.5 0.4 0.5 0.8M~ter vdeclea PM) 2.4 2.3 2.4 2.4 2.2 2.6Other ruertation) 1.1 0.8 1.3 1.2 0.3 0.6

Tetiloe mslrmy 1.4 1.6 1.3 0.8 1.0 0.7lIectrica Promueta 2.3 2.7 3.6 3.1 3.1 3.9

Ear mving quIMmnt 1.9 1.7 1.4 1.2 1.8 1.3Other 10.7 14.4 13.3 13.6 12.8 13.9

Canimum conmmdties 24.8 25.1 24.0 24.7 22.8 22.7

Ouflble 3/ -1 t [T. 7 7 T3Automabies am vatoreveles (2.6) :3.2) (3.2) (2.5) (1.0) (0.6Radio am W elev,sion sets (1.0) 1.6) (1.4) (1.8) (0*5) (0.91

Other (2.0) (1.9) (2.1) (2.1) (1.9) (1.9)Wonroables 19.2 18.4 17.3 16.3 19.4 19.3Wheat ftour (4.0) (2.9) (3.0) (3.2) (3.2) (2.1)

Suwce (2.2) (1.2) (0.7t (0.31 (0.9) (1.6)Tes, coffee and coco (0.) (1.0) (let) t1 .1 (1.9) (1.9

Anint wmbsts (5.01 (3.6) (5.0) (5.3) (6) (6.1)laI. ad lentils (O.5) (O.4) (04) (0.1) (0.2) (0.8)

medicine (1.3) (1.1) (0.9) (0.8) 0.7 (t1s4oDslinfeccnts & Ins eticidss (0.8) (0.8) (06) (O.7) (09 (04)

Par a*n paer prordits (0.2) (0.2) (0.3) (0.4) (0 (0.3)Other (4.4) (.2) (5.4) (5.9) (4.9) (4.)

Total 100.1 100.4 100.0 100.0 100.0 10.00

Neo Iteo Total lwporcs (Mtl.AE) 6226.7 7274.2 7134.0 7Z3C.r 69%0.2 6U1r.

Sources Cernral Agency for P"Lic mob1lfsacton ao stattisics

1/ Thmn data wre easeo an customa geoedo nd hence dit ffer fe-.the balance of prV figuroauhich are asrely basd anonchange centrat recta .

2/ Petroaetu lsmrts are serfously unomeruted fn both euAumno eJ ero eontrol recoros.

3/ Incluoe marts.

- L4 -

TAe 3.5: Service leeiOs M PeW-it(In "lit. US$1

19516 1992 1991 195/ 1986 198fi-

Fetr see receipts 45 101 10o 1043 914 m-6

In rwe income 46 474 46 567 532 610Adusaw I/ ° 54- 53 476 33 166-

Othw nanfustor sovm receip 663 1343 1294 132 1296 17

Shiorn oet.tmae sales 19 263 245 301 30 33--JP A*i 24? 23 284 23 24

trawsmom 4S 66 43Porfgn m.esies 159 84 11I

-ri reeipt s 135 2" 27=trustee' &j 105 121 147other 314 m u5-

mnftoae sece pev_n 123 18 20 201 2306 211hiwunr 143 133 174 159 215 1a

O0e cesea& gauims 147 113 119 129 137 196tve amu miweuac0 239 30o 28 255 120 I-Oe rewunt.i.. 24? 256 217 315 295 25Ote 509 106 125 136 15 14U

Sdums Catrat lN* of Ssyp, EOPC VW IMF *taff estimm

1I Use to cwe invesumt ncoms in Lutrotli.'.2/ Trutfers fri aerned or fr tr eete eccout to WPIMS

of for'tgu cose or forsign taeentift offices in lm.

f

Section IV. External Debt

I

- 15 -

Tale 4.ti Prtnet& ODOW tattoS,FY * FYI?(tn peanwgSl

Fpy2 FlY F4 PUS F6 F7

'otal Civiian Debt*at/GCP 76.0 79.9 79.2 86.8 8.9 86OWsxOU 1/ 215.7 210.6 203.7 265.0 315.4 3RaaswggoAbt 7.9 7.6 6.6 5.6 5.5 6

Civitian NutowA Lan ffu OdbtOak/UCW 60.4 61.2 60.4 69.9 M4.8 7.oQKJX3 I/ 172.6 166 16.8 215.0 261.5 2gOda tar$e/X 1/ 26.6 26. 23.1 26.9 36.0 4QOdls a1VICI$.P 9.4 10.1 9.0 $.8 10.2 11J.IntareaN I/ 10.1 12.1 9.8 10.0 12.2 17.0Intrus6p 3.8 44. 3.8 3.3 3.4 4.5@eaatv_as 9.9 9.5 8.2 6.9 6.6 F.

Total Co 1ncl. olitUr 2/oksw/W 107.9 109.7 11.OaXku 1/ 3293 3.9 61LOsts UaeYeoS 423 52.7 6J*asowuieat 4.5 4.6 54.

Total NLf Dabs lii. mitttary 21Oabs/S 90.9 95.8 106.8oasx it 27.3 335.6 3m7oakos ervtejuh 1/ VA.0 .4 64.Oaks taviwOp 124. 13.7 16.6Intauat/I1 I/ 163 20.0 VAIwa-uuW Si3 5.7 6.4*ausrwslo i 51 5.Ran Iww u(Ifln menasI 1.3 1.4 1.2 1.1 1.2 17

Sowesa 1U DOaor tow utin syvtme staff wtu VW lNf.1/ Iioots of Gs *etauling fotetqn Olt coun.s *arm,".2/ No tnfoamion swviltabl orier to fY16

- 16 -

Tabte C.S Extera O.K,FY82 * FY7(In m1tilo of US dotlarl

Fyn3 FYn FYn FY63 FY8U rUV'

.otai Civilian Oedt 1944.9 22491.5 247.4 301U.0 31160.4 339 wdhic I ¶, %- *Total VCwii NLT Det 157.9 107.0 191.4 2448.0 23599.4 2W.0Pudic aLT el 15191.4 1749".5 190U.A 1999.1 02.4 1L1Private o Guw wutee 5 387.5 7.5 57.0 650.0 848 .3WOOthew e/ 3780.9 4324.5 "a" -

uws of IMF Crelt d/ 79.0 53.0 53.0 43.0 37.0 12tltSharn Trmt 381.0 4411.5 40.0 563.0 5128.0 44A9.

Foruig 0abtof piehi :fAw'p a 2402.0 2604.0 284.0 2US8.0 298.0 3t1o.,A.SSgS Of COMSPSt UagIs 3593.0 4430.0 49.0 497.0 !,S2M.0 43.0-total Foreign MAStl 5995.0 703.0 740.0 76.0 ?474.0 I!"-

ict Egteel Civilian Debt 13470.9 1457.3 1679.4 22412.0 2A. 241. -

4i itary O.bt el 730.0 7310.0 u.OS;ToUat OtMf ODet CInCl.ailfta) 3741.0 380.4 4511.got Extol o 297.0 3099.4 331L1'

Srs I1£ labtOr tatt gn yta ,scaff escitatgs aWm IP.

aI Ebeludm Vt.Wi a' res uated civilIan det. -s Estimtcu f* cSttIwU year data.:/ Inelud arrer awu rasOladte civii an ddet.*i for FIT? data, 563.9 million of *176 million Is iuctd in Public *LT as

the f rut trw'e of IMF samemit.ci' InhtWes wechadad debt.

'able .3: Currency Comooition of Civilian Oebt a/(In milions ot US dotlars)

:'R2IENCY FY82 FYn FY84 FY85 FY86 FY8T b/

S dottar 11594.1 13165.? 14178.7 ? 4685.6 137M.9 12685.9:eutscn mart OS2.0 992.2 123S.5 1377.8 2055.2 1989.2

Fenc r Franc 297.8 372.7 491.9 548.9 778.8 763.4nouno Sterting S0.6 211.7 167.8 214.0 276.9 258.8.aouws* fen 512.7 607.2 648.3 687.9 1119.2 1423.2MuttlOte 594.0 722.7 871.3 1067.8 1334.7 1¶54.6All Other 1380.2 1427.3 1472.9 1415.1 1485.7 1392.9

'OTAL 15191.4 17499.5 19066.4 19997.1 20822.4 20216.1

Concassiona 6n7.9 65.7 64.1 62.6 63.9

Source : 930 Odebtor Reowtnnq System ana staff estmstn.

a/ Pubtle and pu*Licty guaranteed civiLian debt Oxcluding arrears and reschWited debt.a/ Estimte.

- 38 -

Tabte *.4: Civilian Debt by oebtor Coenaiton a/(in eililown of US dollars)

OETOrzs FY82 FY63 FY8I FY63 FY86 FTY6 hi

Centrat Gownmt 139?./I 10686.9 11674.4 122.2 12601.? 1ZM.6Contral ieeE 2160.2 223.4 2333.7 2133.7 2048.9 20 .6local Governent '8.2 21.0 28.6 32.0 35.4 36.4p7*tic Couortions 3541.1 439.6 48.? 5397.2 S878.2 5068.2Offfetal oDelont ealts '1.4 110.2 125.8 124.0 127.0 12MPrivate 0.0 5.2 17.2 38.0 131.2 115.2OUter 3.1 0.2 0.0 0.0 0.0 0.0

TOTAL 15191.4 1749.5 19066.4 1999.1 20822.4 2026.1

mom Item:Percentage Share at

Contral Gov't 61.9 61.1 61.2 61.4 60.5 63.2

Sawes : 330 Debtor Reaortinq System ud staff estimates.

a/ Pubtic and uliCty guaraneom civilian *ebt eiuding arrears an resenewled debt./i Estime .

_ 19 -

Table 4.5: Civilian Oebt by Crea:tor CoMsitit'an(in silliots Of US dollars)

CREDITORS FY62 FY83 FY84 FY65 FY86 FY67 a

Total Private 3367.5 4674.1 5317.5 6899.9 7340.s 9625.6of whiicht

Suppliers Credit 2310.8 3182.6 36"6.5 4149.9 4590.5 6876.0Finanisal Instituwtons 516.1 816.2 999.1 909.0 1037.5 943.1sontt 153.1 117.8 76.9 36.1 56.5 53.0Private an'ucanteea b/ 387.5 527.5 575.0 650.0 84.5 701.5Other / 154.9 07.5 152.O0

Official 12211.4 13352.9 143U39 i4902.1 15137.9 ,7761.0of whlchmultilatSrt Loains 3361.7 3613.1 3939.0 4142.8 3125.7 5005.0of whichIBRD 578.6 668.1 834.5 965.3 1073.2 1130.9IDA 438.1 556.3 719.1 m.0 826.7 865.4COE 1725.0 1725.0 1725.0 1725.0 554.2 277.1

Ultateral Los 8849.7 9739.8 10366.9 10759.3 12012.2 12756.0of WhiChGerawt,Fed Ret. 544.6 633.1 666.6 723.3 1114.6JAIMn 509.8 603.3 62.4 684.0 1120.0Kuwai 1136.8 1124.0 1112.2 1105.8 1110.?sa,i Araobt 991.1 974.3 957.8 940.5 926.9united States 3365.2 3932.5 4387.7 4654.5 4952.5

Arrears 2626.0 3517.0

tOTAL 15578.9 18027.0 19641.4 24428.0 25995.4 27366.6

Source : IM:IBR,0ebtar Reoorting System enc staff esttmte.

ad Estuste inctudes 5417 mill.S rescheduled civiltin debt.o/ Estimt:o froam calendar Year data.c/ unsomcitied private cest wnich is not suppltirs' credit.

- 20 -

Tabile 4.6: Avrae rfor of New Civilian o0bt arroemngdYOZ - FY6

FY62 FY63 FTY6 fM FS *.

Intwret note (S) 7.1 8.6 8.0 7.7 8.3NatwitV ("Oro) 24.5 22.9 22.9 25.6 24.3Grace (Mras 10.5 11.5 9.5 10.9 9.6Gran Ilamt CS) 20.6 9.? 13.3 15.9 11.9

Saurue : I8R Debtor ,wr't1g Syst

- 21 -

, --. .- . - ._ * -. - .

Ta,e 4.?: Striamuw of Civiifan ODt cammnu,flU. fvI at

=1UTW FY "AS FY6.- FlU'. F_N FPV I(In U tanSe of us dOstai a

Umsser Croits 1538.3 2145.4 15S3S 129.5 893 iUs1Finuia nInstutuon 34.1.1 545.8 271.5 208.1 0.0 15.ten J0.0 0.0 0.0 0.0 50.6 00Ruititlateat lInsmrutions 354.3 454.1 28.3 142.1. 613J. .2 42t*f Ihic0:3m 074.0 3".2 193.3 59.2 55U3 * 1:3A 53 3 3.0 0.0 0.0. 0.0.. 0.0 0.6

sllagerst Ins:ttiwm :317.3 79.?7 9.S 68. 515.4 ..543

-OTAL 351.0 3941.2 303.8 234 2.0 @

(Zn ereusaeea. - *13}

$ tero cm its 43.6 54.4 4,., 55. 43.6 ;1.Flnecai tinntutam 9.4 13.4 6.5 9.0 0.6Some 0.0 0.0 0.60 0.6 2.4 tj

I:Atltatal Institutions 9.9 11.5 9.4 6.1 29.4 11.9*f *dhi,:: ?.t 9.9 63 2.5 2.9 ,*W0A 1.8 0.0 0.0 0.0 0.0 O0e

XIietral In:sttutons 36.9 20.2 323 29.4 25.0 ...VA

VTAL 100.0 100.0 106.0 100.0 100.0 1J06.

4;~;rce. : 30.0obtar ienowtunq Svstom e

Al Pullei MU ps*ICtcV gwarate eivilian amS Onv: Istimtut

.. .- q*W?

- 22 -

Table 5.1 SUNMARY OF CINTRAL 6OVEiRNI T OPERATIONI,19S2*57(in milions of Egyption Pouwns)

. ..... ................ ........... a............

1961/62 19218U 1933/84 1964165 196313"A.19I61r7

total Public Savum_s 6222 9749 10371 11312 12792' 13510Current -Reeetp:s 5372 619 6668 7316 37lsr- 639Cantral Gov't ta'n Revene 4I2 52ss 3U so 5n23 61- 6isCentral Bev*t Usnex levenue-1/ 437 5 751 796 M -Least Gov*t Rovenue- 304 29 393 445 409' SW9Public Se"eie Autberities lewVeM 10 141 1S1 192. .25. 23

Cad tel Reetets 2956 3133 3703 39191 . s35 49Transferred profits 1634 2046 20- 1944. 26. 16InvessuentIw lf*Finau,cing 1316 1107 1628 2012 2347 S3ul

tsubsidies to pubtic enter-Prises)Current slioae *2-U00 *2579 -4696 *4U4 '4428 - .4620

of ubieb invesomtsTotal Publie lwedituro 2/ 13205 14497 16864 18477 2163 237Current Expeneiture 3/ 8673 876 10766 11900 135866. 1381Centrai £ LesCs Go't 47n2 416 615 7630 6M 6Pubtlc Scsi. Aut1.0efiCit e10 128 193 268 2W' US'Interest on Public Oebt 51 a" 1111 1233 13s8. 128Susidies 4/ 2t" 2"64 19oe -2007 r 1653Others (6"A6P Gank borr. a rrears) -1' 7 2a SU 742 4 617-

r z , _;; t;.a: ~~~~. . *' 'keI1A

Capital Lasen iture M11 1721 6038 617 33301 699Investment 4541 5020 t111 6136 . -281 9324

S9 701 520 21 156 .39overail Deficit .4433 .4743 -633 .716 .8644- 3737

NINO ITEM:wage lill 1931 2202' 2620 3159' IU - 363GOP St * rket prices 20761 24170 26504 33132 3625. 43687Direct Txe 17l2 1916 164 199 -- 241 #392Indirect Taex 2321 328n 3714 3930- 14467-- 446-men*Ias Current Receipts U9 99 1306 1433 1657 - Im1

Total Public eoveouealOp CZ) 40.0 40.3 34.4 34.1 334.- 39 1-'Total Pubile Eap. itursosOOP (Z) 63.5 60.0 59.0 55.6 34.6- 5lesOverall DeficitUtle () 23.5 -19.6 .22.6 *21.6 -23;1 .191

Source s Arab Republie of Egypt and IMF.I1SDO 12/23/196U

1/ Exudin profit transfers.21 Inncludin chanes in arrears in FYT6.3/ total current expeditures plus chanoe in arrears.4/ Excludin "AW bank borrowing.

- 23 -

Table 5.2: Financing of Budget DeficitCn milLions of Egyptian Pounds)

Pre .Act.1981/82 1962/63 1963/64 1984/85 1985/U6 1906U87

Oversll deficit 4*83 4746 6433 7165 8143 s707

Foreign financing (net) 1/ 61S 65 1052 1530 1796 1446

Crawings 1252 1354 1441 2042 2595 2410Credit fecilities for thedevolopment plan 2/ (S52) (1043) (1348) (1704) (2395) (1426)Grants for development plan . . (217)Cash and coumoity loons C400) (311) C92) (329) (204) (764)of which: P.L. 480 196 1l n 72 175 in I7Other U.S. commoityloans and grants 29 S5 .. .. 68OOther 173 54 20 164 31 56

Aortization 434 497 389 S12 S02 964

Doestic financing (net) 4065 3891 5361 5635 7047 7261

lanking system 1550 1996 2616 2499 2263 3456(CASC's borrowing) (.177) (286) (859) (742) ( 46) (617)

Social security surptus 696 1095 1362 1714 2231 2410Dovelopmnt bonds 595 266savings certifictes 279 329 305 367 404 397Postal savings 34 70 63 62Government bonds topublic sector companies 36 40 42 39Others 6n 359 524 954 2149 968

Nme I tems

Foreign financing as X of totel financing 17 1S 16 30 20 17Bank financing as X of total financing 32 42 44 35 26 40-

Soure:t Ninistry of Finance1N3CO 12/23/1986

1/ Includes grants but. exludes emergency fund financing.2/ Noinlty project toens.

- 24 _

Table 5.33 aovernment Revenue(In millions of Egyptian pounds)

' POl.Actual

1961/82 1982/83 1983/84 1984/85 1985/86 1986n87

Central government tax revenue '523 5200 5363 S923 6520 6874..... ~ ........ .. ..... .. ..... .. ..... .. ..... ..

Direct taxes 1702 1918 1649 19 2453 2392Personal income txeso (86) (11C ) (149) (177) (303) (302)lusinosa profit taxes (1578) (1788) (146) (1800) (2131) (2065)

IncludesEGPC 540 710 348 400 412 307Suez 163 163 164 1SS 164 247

PropP ety taXs & e$tate duties (38) (12) (14) (16) (19) (25)

Indirect taxes 2821 3262 3714 3930 4067 448

Exclse and consumee duties (813) (1195) (1302) (1444) (1489) (1723)Custom duties (1573) (1644) (1920) (1907) (1806) (1906)

Other indirect taxte (435) (443) (492) t59) (7701 cUSS)IncludosStamps - 239 254 306 345 383 443

Nlsellaneous 196 189 186 234 387 .410

Central gov't non-tax revonue 2071 2604 2630 2740 3212 2729

Transferred profits 13o 2046 2075 1944 2258 1664Includes

EGPC 1110 891 1066 936 1093 E05Suez 220 321 285 226. 297 278

Fees 127 166 164 182. 201 231Nfscellanoous 310 392 S91 614 723 634

Local govornment revenue 304 297 393 445 490 -5397

Public service outhorities 109 141 157. 192 225 2SI

Investment solf-financing 1316 150r 1628 2012 2347 3041

*Jo..... *.................. ................. _.

Total revenue 8323 9749 10371 11311 12794 13498

.~~~~~~~~~~~~q.

Sources Nfntatr oO FinanceEsSCO 12/23/19U

- 25 -

Table S.A: Trasfe of Profits to Contrat Goavesmsft from AMIc Enterprica(In million of Egyian posa

Pr.Acnisl1981182 1982/83 1M/i 194/a 195/6 19MM

Pt*ic authorite 149.4 IM7.4 10.1 1670.3 157.7 1680.0

Agriculture en irrigation 1 7 1J3Intrv petratels 1113.6 697.l 1I074S 943.4 101.6 811.1

Potrotee ifary (1109.6) (60.9) (106.2) (936.1) (1092.6) (605.3)Ouwr (4.0) (6.2) (8.3) (7.3) (6.0) (5.6)

TronspotOtion ui corn 2.3 391.4 350.9 310.2 328.0 311.1Se Coat (220.4) (321.1) (284.?) (226.2) (297.0) (2.7)

Other (47.9) (70.3) (66.2) (86.0) (31.0) (33.4)Fin nce nd econom 76.2 .42.8 352.7 353.6 423.6 507.0

Centrlt ank (76.2) (439.6) (348.2) (352.0) (420.9) (495.O)Other C.) (3.2) (4.5) (C.6) 2.7) (12.0)

Housing *nd eonstruwtion C.3 1.1 1.1 1.0 1.4 1.7Other 2.5 0.4 1.0 1.3 3.3 1.6

Public sectoar commns 164.3 272.1 254.7 273.2 430.3 243.8

Toatl 1633.7 2045.5 2074.6 1943.5 2236.0 1923.8

Source: Ninistry of Flnmne

- 26-

Table S.5: Direct SubsidiesPaid ftrom the Speciat Fund for Subsidies and the rreasury Fund

(In Etilion of Egyptian pounds)

Prel.Act.1981/S2 1962/83 1983/84 1964/85 1985/86 1966/4a

General authority forsupply coamodities 2190.5 4/ 1336.5 1206.6 5/ 1120.6 1927.8 6/ 869.3

Other coemodity subsidies .. .. .. .. ..

Cairo and Alexandris publictransport outhorities 41.2 36.4 56.3 71.1 70.2 69.2

Agricultural credit corporation 3.9 t.6 4.5 S.3 S.9 5.9

Agricultural stabilization fund 1/ 227.9 159.1 162.3 135.3 131.9 133.9

Textile corporation 126.9 127.4 127.4 129.4 100.0 53.9

Petroleum corporation 2/ 56.1 41.6 55.5 54.3 41.3 29.7

Cooperative building authority 15.4 35.4 44.6 57.0 73.8 69.8

Government credit banks 40.0 40.0 65.4 63.6 67.1 67.1

Press paper subsidies 6.5 .. ..

Industrial output subsidies 114.2 116.4 117.5 121.3 62.5 79.2

Other 3/ 86.6 151.1 164.1 248.6 406.3 255.0

Total 2909.2 2053.7 1966.6 2006.7 2906.8 1653.0...... ...... . ... ...... ...... . ... ....... .......... .......... ..........

Memo Item:

Uhoat and flour subsidies as Iof total subsidies .. 36.9 43.4 30.6 16.3 11.5

source: NinistPy of FInance113CO 12/23/1988

1/ For fertilizors and seedis Includes Tressury Fund paymnts

2/ For bottled gas and kerosene.3/ Troesury Fund Subsidy payments to nonfinancial public enterprises;

includes posticido subsidy.4/ Includes payment of LE 595 million for outlays incurred in serlier years.

S/ Includes payment of LE 266 millIon for outiays incurred In earlier years.6O Includes payment of LE 824.6 mililon for outitys incurred in eariler Years.

- 27 -

Tabil 5.6: Public Sector Investment Expenolture(in millions of Egyptian pounds)

Pret .Actuai1981/82 1982183 1983/54 1984/85 1985/86 1986/87

Goneral public services 573.3 470.0 534.4 651.2 462.6 482.7

General administration 100.8 114.8 143.5 163.5 138.9 166.6Public order and safety 30.1 29.5 20.0 57.7 20.7 48.9

Locat administratton 444.4 325.7 371.9 430.0 303.0 267.2

Education 164.9 126.1 186.4 243.6 245.9 300.6Heaith 37.8 33.0 53.8 82.9 95.2 t53.0

Housing 524.7 501.6 581.7 615.3 1¶95.3 1068.3Comunity and social services 10.3 3.7 9.5 10.4 11.0 10.3

Economic services 1268.4 1748.5 1876.4 2637.3 2564.2 2347.3

Agriculture 214.4 236.6 288.2 403.6 433.1 414.3Nining, petroleou, and

manufacturing 144.3 206.9 244.4 190.5 255.1 346.5Electricity 296.6 436.8 417.1 931.5 974.3 365.0

Transportation andcomunication 556.7 829.9 889.T 834.6 885.3 1130.3

Trade and supply -46.3 33.2 31.1 39.1 70.7 17.9Tourism 8.1 5.1 5.9 233.0 245.7 73.5

Other public investment 1959.4 2136.9 2276.2 2335.3 3336.8 4641.6

Mon-financial public ...... ...... ...... ...... ...... ......

enterprises I/ 1822.7 2136.9 2276.2 2335.3 3386.8 4641.6Contrib. a advancement for invest. 136.7 .

Public sector investmenteXponditure 4540.8 5019.8 5518.4 6556.0 8261.0 9024.0

...... ......... .... ......... . ........ ...... .....

soure:t ministry of FinanceEN3CO 12/23/1988

11 Since tho abolition of the publf econooic organitations at the endof 1975. no functional classification of public sector companyinvestment has been available.

- 28-

Table 5.7 : Govermmt CIvitin Ilaum and Wage Biil...................... ..............................................................

1981/82 1988 19 19M185 1985/86 1988.......................................................... C...................................-

Totat Eaplamont (in thousna) I1 2285 2481 26S 2819 2972 303

Central aownm 767 816 846 on, 8Locat gove_mn 1254 1385 143 1609 1740 1s8

Puiltc sevice eutorities 26 280 299 33 322 367

Wa" bill (in mill.LE) 1985 2202 2620 3159 34U 3.. I.....................................................0O

5scau r t ministry of Ffnance.

1/ Autwized positosHt in the Wugst.

Table 6.1: Monetarv Survey(In titliors of Egyptian coumo)

End 0? cerico 1980/81 1981/82 192/83 1983/84 :984/65 19min 198w

Foreign assets (net) -181 418 366 229 238 15 44

foreign assets 5935 I/ 660 76- ?796 8151 1175 126IwResrve gistion in tne fsm 7 0 0 a 0 0 0

Foreign liabilities 6036 -7022 721. .7072 782 -10176 -1201Use of Fu ersoit 67 .55 -37 36 -30 *26 -. 1"

Domestic Creait 15943 22090 ?58 31586 38317 4671 5413

Ctaia oan "tic servies sector 12109 1573 1782 2153 2592 30606 354Cetral and locat goverwiwn (8307) (1104) (12554 ) (14659) (16903) (23 M2M3

ktbtic autnorsties (2128) (2106) (244) (3416) (4809) (5114) (GM$Putllic sector coaonges (16'4) (2365) (212) (3453) (426U) (49) (5A)

Private sector 3834 63. 100n" 2m 15 . 1la0

Exchanq* rate valuation eaaustmnt 2/ 303 551 92 148 230 271m 36

Unelessif iea assets 1200 1761 1554 2247 2431 2 343

Asets a liabilities 172 23914 29 35490 43615 5=- 62

Honop ama sai-mon (currency private sector aegosi) 964 136 8Is8 20 27780 341 4

Currency in circulation 3677 4686 6 7000 7M2 9Private sector cosa its 5964 9182 1246 5i69 1989 I 31170Private sector emnd (1467) (1808) (2413) (2657) (336) (467) (450)

Private sector time nam savings 497) (T7375) (1003) (13052) (10655) (22009 (26M)

Pubtic sector aeosats '503 5145 5337 6259 7906 97 11174----= - a -

Centra( am local qovernment (1153) 1/ (1076) (949) (1105) (1258) (1741) (2m3)PubLic autnorilies c1544) (1622) (1429) (1711 (2662) (339 (38)

Public sector coarntes C1807) (2448) (2938) (344 (3987) (465) (505)

Enerij m-related liabiiities oftne Central Sam 0 436 461 530 563 9W 65--

Capital accouts 1905 2461 2991 3510 4013 536= 646M.

Unciasified liabiDities 1343 1/ 1768- 1990 2929 3m 4124. 59J'

Intrbenitliabilties (netl -126 305 -226 -428 423 *1384- -16M

Ne Item:

- Net-bua Creaft to GAIC 995 1262 2130 283 2730 335423-mot tamw crsait to EGPC -398 -205 -421 ."9. *-7 -670

Source: Centrat Sank of Egt, :MF, ano ISRD staff estlmtes

.1 Foreign asts were tnereas by #.6 470.6 sIllion in Mo. 1981 do toan inerea in the valuation of Egypts goid reevs.

c/ Claim on the orivate sector ea crivate sector caomits in foroitn curena boe revlu at free garnet rats of ea_e.

- 30 -

Table 6.2: lal1nco Sheet ot the Centrat Bank ot EOpt I/(In mtlioni of Egtian Pouns)

ELd of cerica 1980/81 1981/82 19U83 1913/54 1984/85 "85/86 M9M8

Foreign assets (not) -2122.8 .1623.6 -132n.7 1138.6 .1249.5 *884.0 *266Lt

Foreign assets 2/ 1394.3 161.2 1823. 198.9 1902.8 206.9 ZZ20Reev osition in the fun 6.7 0 a 0.0 0.0 0.0 0.0 0.0

foreign liabilities -3437.3 -32-.5 *3114.5 30M.4 *3121.9 -2922.2 47M.9Use of FUrn crest 86.5 . .3 -. 3 *36.1 * 30.4 25.7 1a.2

Oamestic crioit 271.3 11310.6 12678.5 144U6,8 1689.3 19391.8 20 .9

Clais an wlic sector 6593.4 10301.0 11615.0 15104.2 1503.2 !7000.2 201484Central am tocci govt. (5961.81 (98t2(11;?.912 .71t47L.OS( 1542.9)C19t6.5

PubLtc eusuoriciec (636.6) (512.3) (357.1) (314.5) M2M8.3) (457.3) (1431.81Ctlaim on cwinrwat bums 1358.2 259.0 319.9 306.5 432.3 552.9 819.1

Ctais on etner tinncia& inestst. 314.7 550.6 743.6 1076.1 1428.g IS08.T 231.5

UnclUsif ed assets ¶06.0 387.9 421.2 223.0 222.3 227.8 249.6

Assts a Liabitities 656.5 10074.9 11M.0 135.2 13867.1 18M.6 201L4

eseve mm" 413.9 762.5 936.5 1051.4 12469.3 1474.6 155t- 5 - * - -

Curr-Ey in circulation 3678.2 4687.9 6030.9 700.7 7883.9 8841.8 9J 3Currenec in comwersta bumS 174.6 278.4 312.8 309.2 520.9 658.6 m.o

Ci rcial bas' damoeits (N/Cl 938.6 2647.8 29M.3 3211.2 3952.1 5019.4 sm3.Aother finAnstitutions' c Oe ssihscC) 45.5 14.4 14.5 33.3 ¶12.4 154.8 186.0

Public sector deposits 1050.8 10M.9 88.5 983.8 1499.9 1770.4 275.1

Contrat an tica& govt. 2/ 650.9 S07.9 369.4 434.2 509.9 773.8 1121.2Public augnorities 399.9 575.0 O5M.1 549.6 9i9.0 994.6 1156.9

!nrerw Donna * PetOtea itabilities 436.1 460.8 530.0 563.0 c97.1 633.5

Financ^ia institutions aneasits (F/Cj 113.1 6S4.7 774.7 937.6 873.0 1163.5 1"4.- -~~~. - -. --

Ccinrcal bas 82.8 46.3 561.6 665.1 647.3 914.3 1O53Other 30.3 188.4 213.1 2n7.5 22.7 249.2 411.9

Cattatl accowiss 230.0 M2. 261.6 289.6 336.7 .31.7 53.

Uncaif ed liabilities 2/ Z5.7 47.0 101.? 26.A 125.2 98.1 2m.7

Source: Cent.al snI of egyt

1/ N/C a national currenvy; F/C a foreign curncy. Waluaton of foreign currency itemis at tne Central 1ans accowiting oxNwe rate.

2/ In jue 1981.1983.1986 eo 19forign ao5 wer licr_e sby LE 470.6 millon L.6_125.4million. LE 30.7 Nillion am Lg 134.2 mitilon uWCsuive*, O to gt Incrase_ in thevaluation of 1yt s gotd reswv.$lSwAtt slVj gts em a wet Incresedby La 423.5 million, LI 112.9 mtllonn-; 30.7 mIliont ,u 134.2 liltIonresohtvwtev en the Centrot latnts reea tinon oUnouit by LI MI. mllion ud LI 12.5million in 1981 amr 1983. In June 1982,1986 en 1965 forfeign esUts wereraems by LB 138.1 million, LE 54.7 mlliaton wo L 76.4 million ri suetIvslyowing to a camese in tet valutiOtn ot gold res"erwiiSItaMnoml.gov. f tasomats weOr rMIN OWov Lg 87.9 mittion. LI 42.2 diIllion Wsm LI .4 mIli=on9 es ua velv NO t nue r wvnuttn acoumnt DY LE 50.2 million GM LI 12.5 million in¶982 am 1984.

- 31 -

tabe e.3: Ba aneo Sheet of Cnoeciat Banas 1/(in mittions of Egyptlian counm)

End of Period 1980/81 '981/82 1982/63 1983/84 984/85 19t856 '986/57

Foreign assetS (net) 165.1 681.8 '212.5 1050.3 1045.1 1533.4 2243.9

Foreign assets 3589.3 3016.3 3721.0 3897.0 4181.9 6065.4 6386.7Foeign tianilitieS *1424.2 2336.5 -503.5 -28A6.7 *3136.8 -4532.0 -. 122.8

Reservees 249.8 2681.3 3167.9 3598.1 4507.6 582.8 6392.0

Cah 174.6 275.4 312.5 309.2 520.9 658.6 715.0Oepoels with CentMrl Ina, N/C 1075.2 2402.9 2855.1 .328.9 3986.7 522.2 5677.0

o0Smts With Central Bulk, F/C 73.3 533.9 677.1 850.4 963.7 1748.2 2130.6

0omca tic 4sts 5271.8 9W.0 ll443.Z 1527.6 18118.3 23307.6 26389.1

:toafm on oulic sector 5238.2 477.0 5543.9 7486.1 9608.8 1170.9 132LU.3Centrik tQn 1o01 govecaiwnt (2334.3) (0042.6) (1226.7) (178M.4) (2033.0) (3694.9) (360.1i

PUblic autnorvttes (1295.8) (1456.4) (1352.7) (238.8) (3492.3) (3336.7) (4008.0)Pulic sector ceomnimes (1628.1) (U22800) (27M.5) (3356.) (4016.5) (4675.3) (5378.2)Ctaim on oruvate sector 2538.6 4337.? 5221.0 6138.2 7224.2 9M5I.5 10728.4

Ctaim on ouner tinciat instit. .75.0 670.3 93A.4 903.3 1277.3 2049.2 2424.4

Unclassified assets 24.0 427.6 582.4 650.6 720.9 971.8 1362.5- - - a - a

AssetS a LiabUilties 11044.0 14131.6 17350.2 2067.0 25345.6 33443.8 38563.1

oauw Ogoi Cs 1205.2 1498.0 1913.4 2010.5 2505.0 3171.3 3429.1

Private sector 1351.2 1714.9 2117.6 238.7 2710.1 3419.5 385?.0Other finaiwlt institution 37.6 55.8 42.2 66.0 147.5 184.2 139.3

Less: Chass in courae ot cotllcton 1183.6 *272.7 .247.4 -310.2 *352.6 -432.4 5177.2

rime'nO Savings Deoewsts 2/ 3413.2 5843.1 74M3.5 9351.0 11M.2 16195.1 1. .187.0

Private sector 3211.6 54U.9 7230.3 9146.0 10929.7 130. 1579.1ither finafisat institutions 01.6 398.2 200.2 235.0 341.5 486.0 5171.9

Putic Sector Oeoosits 3297.8 3890.2 4287.6 5043.2 60U.9 3l11.4 S375.1

central anm local govenmnt '13.8 480.2 470.5 554.7 652.7 853.8 1013.1PiAtic autnorities *124.2 1026.7 959.2 1156.4 167.3 2349.0 2597.3

Public sector conoes 7359.8 2381.3 2857.6 3332.1 372S.9 4308.6 4767.7

Credit from CentraL lank !212.9 167.2 301.5 367.3 450.5 674.7 830.2

Capital acounts *250.5 M35.6 2086.2 2470.6 M24.5 3443.4 3689..3

unclassified liabilittes 3/ 66X4 0 997.5 12.0 1354.4 Z21 .5 2449.4 320.4

Source: Centrat Bank of Egypt

N/C * natiOnal currnwe: F/C a foreign currefey. Valsation of foreign currencyit i s at the cmrcuat banks' aecanting osmnengo rates.

2/ Includes earUWKed eMoSits.3./ Intwceu net interonwe liabilities Wnm cosste.rPrt tunc.

-3i

TWO 6.4 I SAan Sheet Of IminSIS WO Inwesmnl t lt eS I/ 2/(In silt ion of EgWpttan cunas

End of Pe@oo 1980/1 1981Ml 1982/83 1M/84 1984/85 1985/86 196/

Fon etun a ts (rwt) 730.8 605.9 605.9 521.4 703.5 1246.9 1304.6Cam 11.3 19.1 28.5 32.2 50.1 80.5 65.8

Foreign assets 1714.2 1930.1 2103.9 2012.1 2003.2 3534.8 395.4Foreign iablittines 994.7 *1343.3 *1526.5 -1522.9 ̂1349.8 238.4 27X.6

Cltaims a ow mIc soccer 70.8 133.7 .M 398.7 588.0 767.1 990CenrlO amr tcca& voormne 8.1 27.2 64.1 78.3 96 111.3 20.3

bi*le authorities 38.2 53.6 137.9 243.2 335.5 424.0 513.2Piublc sector c nci 24.5 54.9 71.5 74.Y 16Z.9 231.8 225.5

Claim en private sector 3/ 571.6 800.8 105A. 1487.3 1823.0 2630. 269.

Ctaims on bainks 383.5 88.3 787.1 2.3 941.3 140.4 lot.1Icentrat 8S1 115.2 296. 36.8 471.8 410.3 636.5 115.4

Cinrcial bes 268.3 5U4.1 418.3 439.0 524.0 80.9 75.9Soemisize was 0.0 0.1 0.0 11.3 7.0 0.0 9.8

Uncasified asets 362.7 473.5 405.4 5U.S 682.4 1033.9 10.L5

Atss a Liabilities 2119.4 2396.5 3157.0 3916.5 4743.2 7119.0 8212.9

Privat sector dsposts 3/ 801.6 971.1 1198.0 1362.5 168.3 2513.0 2t03.2Comms 112.0 119.0 1830 229.6 250.5 361.8 371.6

TiN* amn savngs 689.6 852.1 1013.0 1333.2 1437.8 2151.2 2m.A

Pubtic sector -sossits 60.5 81.4 95.7 120.4 236.8 38U62 382.7cetara am loca govwrwinnt 0.6 2.5 4.2 7.5 9.2 18.3 5.3

Pubiic ausnoragies 18.4 18.1 14.0 4.5 24.7 55.6 72.0Oibllc sector conmues 41.5 60.8 77.5 108.4 202.9 314.3 305.4

FnPwI Cue to ams 542.5 874.5 949.2 1094.4 1467.7 1979.5 240.4Centrat Bea 182.4 291.0 350.0 512.8 706.3 907.7 1408.0

Coinrciat canss 3S9.8 58U.1 597.1 580.2 760.4 1068.9 996.6Spcaltilea mau"s 0.3 1.4 2.1 1.4 1.0 2.9 3.8

Capital aceonts 284.5 343.5 432.1 524;4 604.8 110i 4 - 1613.5

Uitassitied tiabiiities 4/ 430.6 626.0 482.0 614.5 745.6 1132.9 1103.1

Source: Centrat Ia* of Egnpt

1/ Sanis UstaIAshe sunt Law No. 43 of 1974.2/ Valuation of foreign currency item is a* the ua mreil baMso accounting excnangs rates.3/ Includs-poittom witn coooentivenso Intstlonmi orpwuslegw-

tocates in Egyp.:/ Inctus nt interomn ltiablities

- 33 -

Tablb 6.5 : alnce Shnt of Sanciatizit lAS 1/ 2/(In Uiltiem of Esant pounds)

End of Peroo 19t0/81 1981/82 19683 198/84 19841/5 191M 6 19n

Cash 1.6 1.7 C1.9 7.3 1.9 1.9 2.Z

Foreign assets (net) *S3.7 -81.9 *124.0 204.6 -266.2 *342.1 .45.1Foreign asts 4.3 11.2 7.2 4.9 7.7 11.3 21.3

Foreign liabtilties -58.0 *-". *131.2 .209.5 *273.9 .30.4 .475.4

Calaities 00.9 394.9 318.7 399.8 344.5 247.8 273.1

:taim on owtic sector *t1.8 320.5 428.2 548.9 Z..2 931.6 1079.8Centrat am iCcat govervmnt 3.1 5.0 5.3 9.7 0.8 14.0 17.6

Public aunolrities 157.8 285.3 397.9 519.6 693.3 896.0 1041.4Pj*tic sector cowenes, 20.9 30.2 25.0 19.6 20.1 21.6 19.5

Claim on private sector 3/ 411.0 666.1 924.7 1295.3 1555.4 2178.3 2961.1

Ctaim on bas 56.4 38.6 39.6 26.8 32.6 37.7 4.1Cetral soi 13.1 T.9 0.6 0.4 0.2 0.0 1.0Cmrc:al bausw 43.3 27.9 37.1 23.8 28.6 S.0 35.2

liiness we i rnement own 0.0 2.8 1.9 2.6 3.8 5.7 6.9

Unrlassified assets 14.3 76.8 126.3 387.1 .60.4 348.0 513.1

Assets a Liabiiities 1013.3 1414.7 1714.4 2460.6 2852.8 3403.2 4418.3

Private sector aeocsits 3/ 166.8 241.6 346.6 430.8 530.4 616.8 8V2.30am_ 93.2 113.2 125.6 127.1 216.8 227.0 2489.

timnena savings 73.6 128.4 221.0 303.7 313.6 389.8 578.4Pt*lic sector aesosts 94.2 90.7 127.8 111.9 37.9 95.2 130.2

Centrat a&m locat govenmett 87.4 85.1 124.5 108.9 S6.3 93. 128.3Pubitc autnorities 1.1 0.2 0.0 0.1 4.1 0.0 0.1

Pubtle sector cowotesS 5.7 5.4 3.3 2.9 1.5 2.1 1.8

aonde. 3.2 3.1 3.3 3.2 3.1 2.9 2.8

Funs due to bar*s 518.3 82S.0 854.7 1000.0 1294.6 1842.8 28.S8Cetralt ana 261.6 408.8 4.18. 603.? 767.4 972.1 1194.8

ComercIa4 benes 256.7 419.2 385.9 384.8 520.2 848.4 1385.0uimness an invsment banks 0.0 0.0 00. 11.5 7.0 5.3- 7.0

Capital accowits 140.2 157.1 210.9 225.0 247.3 405.5 451.5

UnctmsitiCe tiabilities 119.6 94.2 17;1 689; 689.5 "0 .0 419.7

Sourcet Centrat lank of Egypt

*r Incluoes tne Princioal lan f*or Oemloitn anwd Agrtculturai Credit, reai estateoans am the IfN Atrtal Oeveioiont lar.

Z/ Valuation of foreign currenev itemr is at the consret&i betls' acCounting eOXCIIN11 rates.3/ Inclus positions witn coooeratives.

- 34-

Table 6.6: Factors Afftetting OntoV Efxocnion 1/(In asII ios of Egpian Pouim)

hanes ouring Petroc 1981/02 1982/8 1983/84 198J185 985/86 1986/57

Foreign assts (not) 2/ *237.0 658.1 2.J 79.8 125.6 -123.1

uet OC astic asts L45.4 3959.5 4286.4 5010.2 5819.5 6M0.5

Ctaim on ouoiic sctorcnet) 2461.1 1951.2 265.2 2661.7 2592.5 3716b3Cntrat nam local govenrvnt 2/ 2745.3 1710.2 1926.0 2021.5 3007.6 295.7

Puillc utnoites 100.5 330.7 69.2 431.5 432.5 5"*3Public setor co wes 51.1 -35.0 127.2 242.4 51.5 24.9

Energy oono liabities of CUE 436.1 -24.7 69.2 -33.0 .34.1 -364A

Ctaim on oprivat sector 2520.6 1724.1 190.2 2316.6 3500.6 295.5other iti (net 2/ -516.3 234.2 -367.0 30.9 2n3.6 60J2

Of whiCh exchan ratevalustion asoguamin 247.4 369.6 507.3 1201.5 85.4 1180.5

Private sector tiquidty 4225.4 4617.6 4203.9 5090.0 7105.2 5565.Moaey 1351.2 1939.0 1204.9 1548.2 '6S0.7 909.4

Q4u.mjy" 2877.2 2675.6 2999.0 3301.5 5454.5 469.0

Privaeg sector iusoitsy 4228.5 5 617.6 4203.9 5090.0 105.2 5565.of WhiCt 4tionat currencv 2292.1 3130.0 3041.8 2749.5 2774.9 2704.9

Foreign currency 1936.4 1487.6 1162.1 2340.5 4330.3 2a.5Osonno oeoosits (154.2) (242.5) (.0.3) (323.8) (352.4) (110.6S

Tim ao *avings asposts (1782.2) (1245.1) (1162.4) C(-'6.7) (3947.9) (2752.9)

Sources Centrat Bnk of Egypt.

1/ Posttton with the orivate sector are vaiued at free met rete of exenange;all otner positions are vauwo at the Centra m Bank tan ne cmralFt boanacomuing vuses of excnonqe.

2/ Entries eOaustec to remoe tne effects of rmvauing the Central ltnk' gold resoewvs.

- 35-

Tbte 6.7: Structre of Intero m RatesCn per cent$

Effective trom jan.1 Au.i JuL.l Oe.1 may I

mentrat SantDiscomat Rate 12.0 12.0 13.0 13.0 13.0

co5rtiat 05nts

tim A Savins 1/dhoit rate

7 davs 5.0 5.0 S.0 S.0 5.0I5 des 6.0 6.0 6.0 6.0 6.01 inne 7.5 7.5 7.5 7.5 7.5

3 monts 8.5 8.5 8.5 8.5 8.56 ionnss 9.0 9.5 9.5 9.5 9*5

1 yewr 9. 10.0 11.0 11.0 11.02 vrs 10.5 10.5 12.0 12.0 12.03 yeafr 11.0 11.0 12.5 12.5 12.35 yea 11.5 11.5 13.0 13.0 13.0Savings 8.5 8.5 10.0 10.0 10.0

Lawing Rates;iniinm rate 13.0 13.0 13-16 2/ 11-16 3/ 11-1S 4/NauwMU rate 15.0 15.0 15.0 13-15 S/ 13-17 6/

ontton or exoort

minim= rate 11.0 11.0 11.0 11.0 11.0maxnim rate 13.0 13.0 13.0 13.0 13.0

source: Centrat Sean of Eglot

1/ Inteet caid on a un deaits hu been exet from taxsince 1977.

2/ Services sector 13 ; Coorne sector 1623/ Agricutture eno lnduntry sector 11l4/ AgriCulture ad indiatry sctor 11-13X , Servicen etor 13-152;

cmrm sector 16-62S/ Agricut ture a Indinutry sector 132:Cooerce seetow no imeit.6/ Agricutture en industry sector 13-152, Services sector 1517X;

Comnems sector no limit.

Section VII. Agricultural Statistics

- 36-

rable 7.1: Procueon of Malor Agricultursl Crrm(Proswtion in tnousan of Metric tamu; area olantno

in thousuu of ftco; yield in mtrie tans Sr f doN I 1/

AgrICuLtural VoesEnded October 31 1981/82 1982/83 1983/84 198615s 1985/86 19CS8

winter cropslat

Pro ue ton 2,017 1,996 1,815 ,8a7 1,929 2,mArea planted 1,374 1320 1178 1,186 1,206 1,3JS

Yield 1.47 1..l 1.S4 1.58 1.60 1.96Nors-s Z/

Produetion 260 29 271 302 282Ara gnted 274 290 271 285 270

Yield 0.95 1.02 1.00 1.10 1.04Ontom 3/

ProStion 296 224 1i6o 189 184 177Area os nteo 36 26 19 22 22 17

Yieid 8.22 8.62 8.42 8.67 8.36 7.47same (ctoner)

Ares otmteo 2,705 2,737 2,807 Z,S40 1,86 1,711

S~mr VW~ sutue. eropsCotton

Produmion (lint) 490 401 399 435 398 347Are planted 1150 996 98 1 081 1 055 906

Telod 0.43 0.40 0.41 6.40 0.38 0.35Rice (paddy)

ProSstion 2,441 2,42 2,236 2,310 2,44 2,404Are planted 1,036 1,014 9 924 1,008 96

Yield 2.35 2.41 2.27 2.50 2.43 2.45Malze (including mill)

Po gion 3,347 3,509 3,694 3,700 2,471 2,91Aree planted 1,935 1,952 1,975 1,914 1,122 155

Yield 1.73 1.80 1.87 1.93 2.2 0 6Mittet Csoetsam

Praetion 596 622 561 m 580 40Ar planted 383 393 365 331 352 300

Yield 1.56 1.58 1.54 1.62 1.65 1.75Sugaraig"

Prosmtion 8,748 8,424 9,142 9429 10,832Area olanted 254 250 244 251 263

Yield 34.42 33.70 37.47 37.56 41.19GraiwwunsProtioun 24 20 21 23 1S 19

Are plto e 29 2? 24 28 23 25yield 0.82 0.75 0.87 0.82 0.78 0.7

Fruits san vegetOtlesCitrus frits

Prodmtmn 1490 1.297 1,407 1,39 1,5Are pnted 210 214 226 234. 265.

oat".ProN Ion 44 470 474 509 49n

Ares ponted 33 33 35 54-Othr fruits

PrWAsIon 932 990 1022 10io 1,Aes plant 180 190 206 222 336-

PottProdtiIon 1,184 1,095 1,189 1,478 1.41

Are Panted o 153 138 148 1" 171Yieid 7.74 7.93 8.03

Other Vgetabns -Pra"tion 6,961 7,218 7.303 8,3 10,014

Ares pland 8U an 874 93n 1,05:

Soms Mintstry of Agriculttw

1/ PreditIon my noet slum sgml the predict of ar plOai Myield become of rousning.

2/ Excludss cro coa n grem EMs v"gttel so foare).3/ Winter exprt) crop only.

table 7.2: Cotton Production (Cont 'd)CProdLctiosm in thousads of metric tons of lint;area planted inthbounds ot feeddw; yields In kilogram ot lint per leddmn) 1/

1981|0162 1982/85 1983/84 1964/85 1915/66 1986/87Type of Cotton r-ea rea -e- -ea rea - Area irea Prod. Planted Yleld Prod. Planted Yield Prod. Planted Yield Prod. Planted Yield Prod. Planted Yield Prod. Planted Yield

Extra Lm Staple 112 269 416 107 289 370 111 286 39 91 252 360 110 294 372 82 251 352

Gla 4S 6 I? 352 4 13 308 3 14 214 * 14 286 4 13 320 3 11 22501za68 - - . . . . . . . . . . . . -alga 70 91 223 408 ?? Zl4 360 52 151 34 38 101 311 32 81 38a 29 la 364lts 76 2 3 667 1 3 333 3 t 429 5 IS 310 12 32 570 6 26 319Gila 77 13 26 S00 2S 59 424 53 114 46S 4S 122 369 62 168 369 43 116 363

Long Staple 370 680 420 287 710 404 281 698 403 339 829 409 286 761 379 265 ?47 355

Giza 69 43 101 426 31 79 392 19 44 432 20 48 406 19 49 385 16 41 315ite I67 30 e3 361 - - - - - -Dandars 62 1S? 395 48 12? 37 36 120 300 S 14S 393 46 138 33? 41 132 312Giza 7S 232 S30 438 198 479 413 203 4S4 447 233 571 408 191 482 39? 160 439 364Cluea2 - - - - - - - -alga s o 375 9 23 391 20 73 274 24 S 449 27 81 332 24 75 320'American 0.1 0.5 200 1 2 S *o - - . - - -aGiza 81 3 7 429 6 11 523 S 11 455 22 54 415Medium Staple 0.4 0.9 444 0 0 0 0 0 0 0.2 0.3 66?

Giza 66

csaZ nOthers 0.4 0.9 444 0.1 0.2 500 0.1 0.2 500 0.2 0.3 667

Subtotal 482 1150 419 394 999 394 392 984 398 453 1001 401 398 1055 377 347 980 354

Scarto37 8 - - 6 - - 5 - - 6 -- S 4Total 490 1150 426 400 999 400 397 984 403 439 1081 4.06 403 1082 372 550 980 357

Source: Ninistry of Agriculture

lf Cazets may not add to totals due to rounding; yield computedwou nded dota o Ion and are planted.21 Agrkcultur Toer ends er 31.3/ LInt recoered from mIlt floors after giming; used for padding.etc.

- 38 -

TaMl 7.3; Neat am Poultry Pr o nution(In thoar of mteri torn,

'974 '975 1976 1977 1978 1979 1980 1981 1982 1983 19U- 1985

met '02 305 307 315 321 330 336 339 348 355 36 365

Cattte i20 121 121 123 125 127 131 132 133 135 137 139

b0fallo 126 127 130 131 134 139 140 143 146 149 153 15X

9he 33 34 32 3? 35 39 40 42 43 4S 47 47

oasts 17 17 1? 17 17 18 18 18 19 '9 20 20

Suine I 1 2 2 Z 2 2 2 2 2 2 2

CaIs 5 S s 5 5 5 s 2 5 5 5 s

Poultry 110 113 115 121 115 119 136 140 14 150 1S5 230

Ott 4.2 -14 422 436 '36 49 4 2 479 '92 '35 521 598

Source: Mtnistry ot Agrweutture

table 7.4; Total Costs of Proau-tios by Crops 1I(Lftleddan)

Agricultural Year

Ended October 31 1974/75 1915/16 1976871 1977/78 1978/79 1979/80 198U81 1981/82 1982/83 1985/84 1984/85 1985/86

Production

whleat 59.33 65.25 75.80 88.45 108.34 141.62 152.70 176.19 229.18 264.57 292.51 328.00Norsebeasn 50.80 57.59 64.58 73.31 90.88 118.02 148.7S 160.6? 208.30 228.06 251.53 273.01

Onions (winter) 143.52 176.18 187.03 19S.4S 246.04 280.69 33?.42 352.84 469.36 S06.40 501.58 534.60Lentils SO.S 60.18 69.50 75.J6 107.SS 132.06 143.89 184.87 202.30 259.00 277.45 331.61

lomatoes (winter) 84.AS 104.14 123.96 161.11 191.04 237.12 281.96 409.72 439.00 467.00 576.00lersem (temporary) 1S.09 13.73 11.23 33.00 24.S? 29.09 33.40 39.63 46.40 89.00 87.11lerseem tper_mnent 45.8? 4S.66 SS.16 74.02 84.7 99.6 110.13 131.93 119.00 1SS.00 153.0S 158.27

larley 43.00 48.02 61.06 67.05 79.13 94.75 116.5S 146.83 189.23 217.00 241.00

Cotton (seed) 100.77 122.80 133.68 150.39 186.96 238.58 301.53 383.72 435.93 471.57 499.55 540.88Rice (summer) Iroadcosted 67.38 83.40 8S.S 96.17 120.84 1SS.42 1?9.22 218.44 264.00 303.41 34s.28 380.6?Rice (sum_er)MnWplanted 70.33 86.39 92.05 102.38 131.96 163.26 19?.?6 240.B2 26?.53

Nalze (stmme) 59.S7 70.97 85.00 102.97 119.21 139.6S 174.19 209.06 255.20 280.28 523.30 348.23millet (sorgbum) S5.S6 66.61 74.41 90.91 103.07 1S6.55 182.40 206.cl 246.06 264.06 282.65 292.13

Sugarcben 127.17 166.62 186.88 199.44 237.S9 388.92 432.7s 504.60 625.21 668.81 697.18Croundhuts 63.39 85.72 9S.66 10?.78 128.43 144.27 182.20 219.61 261.11 303.00 328.66 344.49

Potatoes (sUMer) 155.37 208.01 28?.32 294.91 325.42 444.38 469.56 S96.87 620.00 717.00 ?88.00 S52.19Soybeens ... ... ... 124.80 162.33 187.70 215.70 247.65 2?8.32 292.00 316.88 339.18

Sesame 43.07 52.40 61.78 72.86 96.97 117.05 161.4? 175.40 193.70 231.00 243.19 268.33

Potatoes (Nili) 155.58 191.63 224.67 251.33 310.57 35s.32 409.21 432.15 499.00 596.00

Source: Ninistry of Agriculture

I/ ExcLudes crops consuved grean (as vegetables and forage).

- 40* -

rable 7.5: Incica of Aqricuttura& Proaction Uam ield(1974/75 a 100)

Agrcu turu YearEndo Octamer 31 1981182 1982/83 1983/84 198/85 19M/86 1986/87

eOsictimn

WUat 99.21 98.18 89.28 92.08 94.88 133.89HorsOe I / 111.11 126.07 115.81 129.06 120.51

Oniors 2/ 129.26 97.82 69.8? S2.53 80.35 55.4 iCotton (Lint) 111.11 90.93 90.48 98.6 90.25 78.00*ICe (Oadv) '00.74 100.78 92.28 95.34 100.87 99.22

"aize (inctuarng Uili) 120.35 126.18 132.83 133.05 88.85 104.85Millet csorgnu.u 6.90 80.26 72.39 69.03 74.84 69.68

Sugrcare 110.71 106.61 115.69 111.64 128.25.raaisiuts e5.71 71.43 75.00 82.14 64.29 iT.86

Citrus Fruts 147.09 128.04 138.89 138.10 154.69Cates *06.02 113125 114.22 122.65 118.31

Other fruits 14S.63 154.69 159.69 162.81 190.94Potatoes 164." 152.08 165.14 205.28 198.75

other VeqetaoLes 120.36 124.45 125.91 143.60 172.66

Yi*ld

what 100.68 103.42 105.48 108.22 109.52 135.79HorSe" n 100.00 107.37 105.26 115.79 109.89

Onions 95.58 100.23 97.91 100.81 97.25 86.87Cotton 140.13 132.24 133.5S 132.57 124.10 115.67

Rice (Dow) '03.48 104.78 98.70 108.70 105.43 106.55Maize (inciuJlno MiLl) 113.S2 118.42 123.03 126.91 144.89 141.79

Mitlet (sorghu) 98.73 100.00 97.47 101.90 10i.58 110.96Suarcaew 95.08 93.09 103.S1 107.62 118.01

Grouonuts 4.25 86.21 100.00 94.25 89.77 87.36Potatoes 106.03 108.63 110.00 114.25 114.64

Source: Ministrv of AgricuLture

V/ ExcluWs croa consma qrmn (as vetactes em fore).2/ Winter (extort) croo anyv.

- 41 -

Table 7.6: ArIunMed Coomerative Purchase PriCes forSelecte AgricuLturat Creos 1/

(In EIptian pounas W rtric ton)

Agricuitural YearEndad Octooor 31 19818/2 1982/83 1983/S4 iVlM/8 1985/86 1986/87

Seo cotton (unwirgio) 2/ 380.70 413.52 457.9? 584.95 584.95 736.50

wi.. 3/ 76.70- 80.00- 120.00 166.67 166.67 200.0083.30 100.00

R1ce 9S.00 105.00 4/ 105.00 125.00 165.00 165.00

Surce 18.20 18.20 20.20 24.20 27.20 30.50

Nw'eSOom 238.71 Z38.71 258.06 277.42 354.8W .83.87

winter oniim 72.00 75.00 73.00 80.00 100.00 11S.00

Guowmes 33.33 333.33 426.67 426.67 480.00 493.33

Ses 625.00 708.33 833.33 1000.n0 958.33 1166.67

Lentils 371.40 375.00 562.50 118.75 87a.00 875.00

Sourcm: ministry of Agriculture.

I/ Covots the nmier cross arieted coooerstivelv (or unier eontrfctswith mits) in ifole or in part: prices are for first-graeqw lCy.

2/ Average paid arice.3/ Price are for ciza 155 nd a exican varieties, respctiveIy.

In 1983/84,the ortee is for ourum variety.4/ For PhiiiDaine vatiety, the uofficial cooAsertive sainu

orice is LE 115.45Smwtrtc ton in 1983 In orwr to encourag tnefarm to introUez tnis n:gn yisld variety in tneir notdingc.

Section VtII. rndustrial Statistics

- 42 -

Table 8.1: Outous of Selectoe Industrila Proaucts(In tnuunows ot metric tcam untss otnerwuse statec)

1911/82 1982183 190316 1966S/5 1985/86 1986/

Spinngq wm weavinqCotton varn 2C5 229 239 243 250 251

cotton textutes omtltionso t@e mEters) t005 974 996 10519 100 1055

FooatuttsSuqar 599 697 644 76 792 841Chees 187 186 191 195 200 204

Preserve fruits WuvegtUtles 60 69 73 90 92 6?

Cottonse a ol 202 222 2t 260 269 276Oisseom comes 518 538 506 591 536 616

Soft arints (millionbetttles 2003 3522 2906 3715 2570 3100

Beer (million liters) 51 32 36 42 47 49Cigrctt@5 (biltions) 36 36 *S 47 49 49

ChmewealsSulfuric acia 21 27 55 46 55 '0

SuserwwosonateC 512 5u 6? 952 9m 1055Ammonium nitrate 1/ 4121 4133 4124 4036 448 4262Tires (thousans) 1216 1316 1461 1S10 1719 l180

Enwnieerinq orosictsCars (units) 7055 z505 0Z9o ZQM90 '8302 16114

'rucks aM tractors tunits) 6529 6967 6226 8912 9021 542auses (uni ts) 705 75 739 766 367 966

Refrigerators (tnousa i) 424 455 497 550 e71 569Tetevisions tnousan 557 759 843 829 396 293

Metallurqical OroactsReintorcing cars 273 281 284 241 294 249Steet sections 209 209 212 261 284 194

Steel sneets 313 314 277 22 261 300C"t i ron 61 196 159 92 121 147Alusina 140 140 170 152 17S 179

mining prosutsPhto ate 499 64.5, ?2 54 769 707

Source: ministrv of Inaitay

1/ At 15.5 per cent nitrogen envaienIt.

- 43 -

Table 8.2: Production and Oistrtoutuon oi Inastriat Gooas I/(In miltions at Egyptian coaun

1981/82 1982/83 1983/84 1981185 1985/86 1986/87

Public sector oroouctlon 438.7 5079.0 5650.2 680.2 7900,0 9370.9

Spmming an weaving oromu 1262.2 1317.0 1411.0 1692.5 2091.2 2216.7Fooatutfs 13U.9 166.2 1870.8 2371.5 2673.8 3636.9Chm)Cais SI48.7 600.4 681.2 836.0 1010.9 1291.4

Engiiring am metotlurgical rroolcts 1194.5 1423.0 1598.0 1795.0 19U.4 2070.5

Building motoreistm'ining procucts 3/ 65.4 74.4 89.2 113.2 '41.7 155.4

Private sector orosmction 2157.9 2244.7 2926.8 3375.0 3154.1 3173.0

Total 6596.6 7323.7 3577.0 10183.2 11054.1 12643.9

Public sector exoorts 428.9 423.5 578.2 644.8 672.9 882.3

Saiming am weaving protu 202.3 178.9 257.8 325.3 337.9 459.0Foomtuffs 32.1 38.1 38.2 48.8Chmeats 38.5 31.6 22.5 22.1

Engineering am netat-lurgicat prosws 24.4 24.0 268.4 340.7

-ui ldtg mteeriltsNinfig proswcts 3/ 6.4 5.8 5.9 11.?

Private sector exowts 55.9 50.1 69.2 80.2 !10.1 125.9

Totat 44.8 473.6 647.4 725.0 r3.0 1008.2

public sector comecsc sa*c 381.0 "36.0 4878.0

Soim,ing am weaving growu !U" 8 5. 7= iooattutts 1291.0 1541.0 1747.0Chmicteas 536.0 58860 638.0

Engineering am metat-urgiea oroswts 136.0 798.0 851.0

Building materilsts 555.0 610.0Mining prosats 3/ 59.0 67.0 84.0

Soure: ministry ot Inintry

I/ Cover onty industries unaer tne sumevision of the Ministrof Inustry ano Narning. oe not cover natioau defnsn uitiof,cotton giamvri, flour milling, baker preaction, tea aesting,pnaritneat orosct::on, i ron ore mining, or rowatton ofvillagae naintres. Since 1976 cmmt,wine,spirits, an ppr

tIntnon also Xcluief.Z/ With effect from tne einming of 1976, the wiew od sairits

indLmtrv was CLeSo urm the sumrvision of the Ministry OfAgriculture, tne oar insstry unoer tne sum,rvision of the4inistry of Informcion, am the cemnt lnhisitry unur thOsunimviston of the Ministry of mansmig. theetore, date on theautoUt of the *oodstuffs, cnem s am building tetais Seatons(in widmio thee indstries nad oen inltued) atter 1976 are notceanoeate with tne earlier figurs.

3/ Mining proucts, snowi *softely since 1976, mer ewlier incuedin the f*ocotutfs (salt), cmcsicals (Plouate) UM SuildingiiiatePoits (lime) sumsecton.

. Date on domstic Sales or Private setor are not nildloe.

- 44 -

Table 8.3: Inmox of Indusuriet Proouction(195n 100)

198s/8 U 982/83 1983/84 19i8485 19i5 8 19 6/87

Softiinq VW w.evincotton varn 133.4 126.5 132.0 134.3 138.1 138.7

Cotton textites 130.2 126.2 127.7 137.2 142.5 136.7

;oo"swfssugar 113.9 132.5 122.4 145.2 150.6 159.9Cheese X 22.2 122.9 124.8 127.5 130.7 133.3

P'oservea fruits aNvege:aoles 230.0 287.5 366.2 373.0 383.3 361.S

CottOnsS ott 125.5 137.9 147.8 161.5 17.1 171.4ilste ocsxes 76.1 74.7 70.3 82.1 74.7 #S .soft drints 235.5 449.2 380.9 477.7 32M.8 39M.4

les 175.9 110.3 . 124.1 144.8 162.1 169.0Cigrttes 171.4 171.4 214.3 2fl.8 233.3 283.3

ClnielsSutfuric said 58.3 73.0 152.8 127.8 152.8 111.1

suromfhon ates 98.5 113.1 162.9 183.1 191.3 20l.1Amondum nitrate i/ 1030.3 1033.3 1031.0 1009.0 1121.0 100.5

tires 132.0 142.6 158.3 163.6 186.2 1".9

Engineering proouctsCars 147.2 216.5 175.3 179.6 158.1 139.2

'rucKs am tractors 22.6 246.6 291.3 315.5 319.3 192.6Buse 231.1 258.4 248.9 231.1 284.3 317.6

Refrigerators 389.0 017.4 656.0 504.6 23.9 540.4-eievsirons 723.4 985.7 '094.8 '076.6 516.9 380.5

"Otetturgscat oroamts4eintorcing oars 125.6 128.3 130.6 110.0 134.2 113.7

Steel section 197.2 197.2 200.0 246.2 267.9 153.0Steet snets 148.3 148.8 131.3 128.9 123.7 142.2

C": iron 92.4 297.0 240.9 139.4 183.3 2Z28?

Mining prositsPhomate 116.6 150.7 169.4 176.2 179.7 165.2

Source: ministry of InAtry

1/ At 15.5 per cemn nitrogen sisaient.

Section IX. Energy Statistics

- 45 -

'aMe 9.1: Proauction ano Oistr:uttan of Cruo Petroteta(in mittions of metric tons)

1981/82 19828/a 1982/4 19568 5 1985/386 1936/57

By location, 32.5 34.5 39.1 43.7 u2.6 ;4.0

EL Morqan. .v arano d sawaan V3" Z15 Z5 ;!la5 T 5:Other Red Sea 6 Eastern Oesert .6 1.7 2.4 2.7 3.1 4.0

western Ousert I.0 0.5 0.8 0.9 0.8 1.1Sinai 6.5 6.9 7.6 8.2 8.6 8.4

By Share:

Cost recwrrv ery vs 6.6 7.1 8.2 9.9 10.1 10.6

to Coere actual costs 35r JE 5' rT CT-returnmr to EGPC 4.2 4.1 *.3 4.3 3.0 1.5

Profit oil 24.9 26.3 29.6 32.2 31.1 32.1

Egyptian snare U " -3 WT .7! -- n 27:1-rPartnrrs, snare 3.7 3.9 4.5 5.0 4.8 5.0

GPC prosoxtion 1/ 1.1 1.1 1.3 1.6 1.4 1.3

Total Egyptian snare 21 26.5 27.6 30.7 33.1 30.7 29.9

(plus ourcnases ot erue alt) - ; 5 useU for rerining 3/ 1.5 17.2 18.3 20.4 ZO.4 22.0

ceanwe in stocts 0.6 0.3 3.1 1.1 ;.6 -1.5ezaorts 5 1.6 10.7 *2.3 t1.6 *0.9 9.8

Partners, snare 6.0 6.9 8.4 10.6 *1.9 14.1

exaors M. M r. fl I T¶5 1T'V 1 TzsaeS to Egypt 0.6 0.2 0.4 0.2 0.1

DlscrancyW 0.6 0.2 0.6 0.2 0.1

Mman I tam

Dometic Conslution 4/ 13.4 15.3 16.8 17.9 :7.2 18.3

Sosure: Eyptian Genrst Petrotei Corooration

I/ EGPC subsidiary2/ Inclue esxces cost recawrv3/ Excjlud cruc ino teo for refining. Incluaes outae out exctues naturat gas

- 46 -

Table 9.2: Natural Gas Resevs am PrOMCCIOn(In tnausnom meric tons) 1/

RecoveranieQeserves Prasaction

Lmittion

Area tons 1/) 1981/82 1962J/3 ¶913/54 *1134/5 t95/86 1938/8

Abau MaO 50.8 651.0 715.0 795.0 936.0 1571.0 1tfl.0

Abs Chamqaig 13.6 825.0 YO.0 793.0 907.0 861.0 900.0

Aau Qir 26.2 448.0 619.0 767.0 798.0 *225.0 1216.0

Abs Oar Nortn 2/ 15.S

Sinai 26.0 29.0

Gulf ot Suez '7.2 * 0.0 369.0 536.0 166.. 567.0

70tat '33.6 1924.0 2194.0 2729.0 3179.0 .247.0 '492.0

Me I te:0Dstte Consamtvon 1931.0 2174.0 2659.0 3139.0 -195.0 EU.0

SwuA:e Egrian Gmnt ii Petroetsu Corooramton

1/ One metric tan of namurat gas is amsrwie:eity sausl to *6,200ci.c feet. or 1.2 metrte tams of fuet oL e*wivatent

2/ Unoer *OOaumat

- 47 -

*able i.3; Petrote' u roaUetS and Gas alancn 1/In atnousa of metric tonsi

'981182 !2/83 !783/84 !984/85 1983/86 't86/87

3utoictGan 43 270 79 .7 473 !27; znsumt t on .64 -;9 .5iO 5U96 41 , O%et exoorts *307 *223 * 66 -4S **66 *.1O

(0) (0) ;0) (o) :0) (0); tanqe in inventories *14 -* * 2 *15

:asotine anct nsauntnaroauction '091 29 :370 635 :760 .991

:wnsutittton *417 587 -768 928 .315 .079Met exoorts 21 72B 641 541 661 310 84

(728) 6.4) 541) (661) (810) ;8440hsanqe in inv intories -54 67 61 46 65 68

(efoseneroSat ian 1571 '953 :029 2123 2257 2346

Cornusmion '1706 1901 2043 2180 2269 2436Met exoo*ts

Ch&Wqe in inventories *135 52 *14 *57 12 90

Jet futePromotion 167 167 1S9 129 199 173

C1,s U11tion 33! 327 39 413 411 360et eXoorts 296 -177 -2811 j330 -334 .393

iNww in inventories 128 17 41 .6 '22 208;as ast ana waleset fuel

Aroauction 26]4 2794 :831 3337 3257 3578_onramtOnt 3203 3464 3897 .257 349 39°8

Net exOOrts .i -384 '573 .1053 -1021 -541 *49(349) t31 (274) (245) (207) :173Chuil in iwe toris iS 2 7 101 -51 3

Fuel oltPro.l:ion 7743 8699 9057 9787 9493 '3M

Cor.tison 5970 7016 7369 7916 338 8114Met exports 1m 9 164 1374 2012 2087 2218

(1928) (1654) (1574) (1230) (208) (2218)Change In inventories *155 28 a&6 -141 *32 61

Prmosction 304 476 531 S81 594 61SConsurmtion 257 438 S25 567 587 640met exports 16 14

(16) (14)Mhange in inventories 31 4 6 14 7 7

Avietion ruel0vooaCtion - . -

:onsrei on 6 3 3 3 2 2dec exobrtS *0 *3 3 *5 *2 *1

(0) (0) (0) (01 :3.1) ;4.1):,anqe in inventories * * 2 ; 1

JtaLt Petrot.tm ProOAts S/Promotion 1473 16634 17376 '903 1.9033 206m

CoflAttion 13338 15255 '673 1780 17212 1839Net EAOIrts 1579 1033 612 117 "835 2039

Chane in inventories -184 365 10 7 -34 2Znmatura asProsAtion 1924 2194 2729 3179 .247 4492

Counuxtion 1931 2194 2659 3139 t193 4480Met exorts -Chane in inventories 70 40 52 12

%otat Petroeu. Preoauts ani Naturat Gas S/Prosition 16677 5848 20103 22218 2328 23117

Consiuon 13239 17449 !9413 20999 Z1407 22Z69met exoorts 179 103 612 1172 3ss 29Chane in inventories -184 365 80 47 18 290mem I temsSLaC Wax

Prmosatton 14 1? 18 25

sourcume: Ei tan Geneat Petroteii Corporation1/ Conauation derived as a residL and hence inctus stocksaoustimems1 Wham av toblo nam diftfrent fromr not exports date for exports isstiwA in oarentnesse

3 t the exorte roriet is namth, ExOot are targelv twicer aLiSS

V Exctuesm siacs wax.

- 48 -

rabi* 9.4: Exoorts au Imarts of Cruo Petraten a Pro=ts(votiu in mituion of barrels; vague in ulinIOM ot us dolls"l

I1981/82 1982/83 1983/84 1984U8S 1985/86 1986M/8

Crude oil I/Volime e3.5 77.5 37.9 83.7 l.1 70.2value 2600.4 2182.4 2396.0 2263.5 1738.0 995.6

P4f@t emr procucgs 2/Votsum 23.0 20.1 18.5 22.4 24.4 24.5Viaue 723.8 624.9 561.2 627.5 171.9 370.3

laonrtsPetrot .oro.exct Cutan

voting M0.0 11.0 '2.8 12.8 9.0 8.3value 432.2 407.8 '57.8 44t.2 3/ 261.7 158.9

Votuin 1.5 1.6 *.2 1.0 1.2 1.2Value ,4.3 95.5 56.4 44.3 .L 30.2

:3urce: E.yptian Generwa Petrota Cormoration

V :nctuws cost recover:I :ilctums mer ans slck wua.3/ Inctuos uSS17 mlttlon at other imnnts.

- 49 -

'abto 9 5: Potrotn Exoort Ppceas,in u.S. coulars car carrot)

erioo Av*rag s BLOM I/ e;a*m I ami iolotal sudron ,|h r 2iav nv rice S

:^om januarv I ;;.00 t-°°0 ,s-o l:Pom Fecru&rv I HAD0 :9.00 _b.08

:rom oeCrc I al. ;9.00 .6-25

:P0M Nvmcrv I H10 3.0 0 :rmo fouamrv I 9I0 .QO : .0

;r0| jorwer I -70 --&.Oa Oa

:ro fe9ruar 1 29.00 :115 2C75 27.

Frofomerov I 9 1 6 F fdMv JUL za °L Z61

Frm Sentg Io zal !`:1 4

fr Juzz 1 9 2 7600 7 1.00;r ussre 1o Q 9|7

Frme s wo t 16 .10 ffA5 26.10 22.00 .3.

:om founar so 47 :2 .7 J x7:MQ1 O : r¢a @cri a1 -'631 '6o '.s 6 R:.

Ffm J.v 1* a. .5 4 26.o 24. 2 9'" tea fu" 5:6 5 e. 26 116 -4- .

Fran 1tm I0 261 2,00 IF SuFor, I 1urtItti t

FStm Slbud 24 1. ooeI urr9l"zO

Fro mae 16t i1t fttl t.b

FPCI Acit16II

:. r: n juty 16.. a6

- so -

tale 9.6: Instatled CaoactV,erqy Gnmuteaam Peak Loam. 1956- 1987

:nstattea Chaol tv NW Erew" Ge nestee N $r I ttl.. Pea",ear .crust vre otat 'herimt 4Yar Total .. sm NW

.95 331 0 331 96 O 964 186-1957 4 a 466 1.109 0 1,109 210-19" 511 0 511 1 264 0 1,264 2501959 511 0 511 1,422 0 1.422 2321960 541 256 797 1."A 230 1'M 372.1961 s93 34S 933 194W 1,00 2,51 5i2.196 593 34S 938 2,001 1,162 3.11I 5481963 s9 S3s 933 2-132 1.26 3,401 590*1964 593 34S 933 2.405 1,662 4.OU 661965 672 34S 1,01? 2.m 1,738 .6n5 n1966 .*0C 381 1.4 3 3,27 1.= 5,1 82.196? 1.207 ',221 24 3.49 1,963 5,432 on1966 *.350 1,730 3,080 3,042 3,002 6 0" 9301969 ,410 2 333 3,743 2,457 3,96a 6,4S 98?.1970 *;330 2.44S 3.m 2,225 4,690 6,915 ',1001971 *,330 2.44S 37m 2,2U 5,041 7,323 1,1'01972 *330 Z.5 37m 2.225 5.159 7,384 1.1769n * 330 . 44S 3.m 2.279 5 156 7,435 1.248

!974 330 .44 3,7 2.397 6,122 8,519 1.433'?n .330 1.44S 3.m 3.009 6i ;.9 -976 .344 :.;4S 3.789 3,643 3.003 1,646 .9.0977 :5 ,5 !.80 -'479 9.038 3.517 244

'978 .460 ,US 3,905 5.078 ,93 5*013 2,5".:979 ..8' :,4S 4.229 6.751 9608 -6.359 a.1980 :.236 '.4S -. 31 8.62, 9,101 :8,429 3231981 _.469 c 4S 4 914 10.532 10.215 20,747 3.5192 ".6U5 2.44S 5.130 an,6 '0,4 3.353 3.190 3. 565 '44S 6,010 ,6063 9.816 25,87 43761984 *538 ,44S 6,96 19,416 9,633 29,0 4.9501985 31,45 !,2791986 33. 5,742196? 305 1/ 6,152

Sose Egyptian ELoctricit Authority

1/ Jammy to actaOer

Section X. Tourism Statistics

- 51 -

aabis 10.1: Tourist ACtivity

1981/82 '982/83 1983184 1968485 1985186 986/87

ArrinvS (TI' Usn '369 1467 1538 1574 1366 1509

middle East 4n73 3 439 4103 414Africa 168 169 165 170 171

Americas 195 22 237 138 117eastern Eurone 531 51 614 536 674

Eastern Eurage 24 25 24 26 58As,ti 76 92 95 93 95elther 0 0 0 0 0

'uightS Soent (Thousans) ;621 9020 U61 9043 8162 11753

Middlo East 3147 2949 26e5 2701 3706Afritc 1180 1154 1275 1255 1855

AmeWieas 1'27 1180 1231 794 760western Eurome 3097 2995 3437 2979 4665Eastern Euroos 46 54 62 75 172

Asia 422 337 349 3ST 568Other 1 1 1 1 3

Total EAomitureCUE Esti auaMll. LE) 332 248 239 336 256 562

Min.ot rourt . Est.CMIlt.LE)l/ 1253 1447 1557 1609 1101 25S6

Exo sture per iglht (LE) 1/ 130 160 1SO 178 135 220

source: Ministry of tourism.1/ Adjusteo eV tnV o inistry tar tne *xctusion in the Cantral lank

exenane controt recoros of currncv conversions in thefree mraet.

Section XI. Other Sectors

- 52 -

abtu 11.' S,Utz Cawi rrtfftc

'951/82 '98U/ '9/8 1984/85 '985/86 '7U867

|.se of traunsts 21,921 22,760 21,725 20,567 19.138 r7.62

Vf whcn: oil tanXers 3.518) ;3,522) (3635) c3,425 3,563 (3.4)

9et teutaqo or trrastlnq vessoes .53.4 365.4 33.3 355.8 !63.1 344.2(mitlion tons)

:f -nicen: ::t tancters '3S.G} :128.6) 4h3.4) (121.23 0132.3) v 23.4)

:arqo transitgo (million tens) :15.5 239.6 26.9 Z62.9 260.9 .S3.2

:f thicn: :etotun wo orooCts (70.1) 89.7) (102.2) (97.0) (98.0) (9.4)

totat recotitS (uss m:iti,nu, 917 969 982 913 1023 114I

Source: .;a LaCi At tnlrify

*/ RecItots trom gotIS ontV. ooet not include receipts frm seVices.

*w9 roa~ rt r 9`m' 1.' 6 ro w toi n10 I31 IIV

'IO 5IIM F6Lt 0Y*It FUSE 991l1 tCO) &UNdimbUS1SIMMI9tv sent rny ratI SOLV rims colt) SWJ inm" sub,CO&Z I'm rKZ WIR LrZZ r,zz M- stauusJ 1sam1Wrns *m £11! AU! ri.Lz rwgl m9'0 mutars9o9 ri rm 1*619 6zS `*zfs (90r) *ss-eWlmwU9*6 v,LLs Sr; tows rYB Lto tr- am hf 0 s9 0 9 gon Wu/ rt rw7 { ltz& _ld

r *" *It 6M 2r .UZ M2 7tv1,) s*1n an_SmaIrtio) rut rZ rmz ruZ or*z Cs oz) -*a '98.1$ '-Wr6a r9 S5 r wz oozs o 1613 nmmm- D _w w'V6 I'619 0U r; 9066 r"t 6 986"A *^> 84_OJ6W 9W r59 rag PAss s BB 1 /9t t 3z mmmsuv

*319361 - ,hI1 £mni ,im& 331 1 Dowdd J0 PM13 2- . inm inm uu UI- ZUW

1001 * 991331),..3.11 US dE wW S ip : W vr w

- 54 -

Able 12.1b : wnotlue Pa£e Pp1gs jnm * Aveg AIMus(190M" a 100)

:t 81/2 2 198/31 193W5 1985/86 1M6/8

AgMeutturat crew 37.6) 1 59. 7. ?7.8tooUttfs am 0~108 t 7.99) ... _ 60 Y.5,

aace am uaCu oroets CF. ) 19 3'.5 224.4 W39.3Yam, textiles, etc.. cU0.5) 28 U19 37.7 54.3

* Petnoi 8W fue"s 4 -.) 5.3 393.6 4..6Pow r 11.2) .A560.3 MI.S t?.rwOrn £1.2) 53.3 571.0 :56.6

: rictnwdti ueriate £2.6) 64.5 =77 m57.5M*SNsag (s1.6) 211.7 249.5 ?38.2

Cbmieal" uoousems £2.33 2.L2 :51.3 :2.Zmfl Dt 81W mcciioggsd r 444.6 .58.5 *S.3

.rwuwtatione qusmnm (1.:3 3d6.7 .34.4 1.r

All ite M10.0) *569 7.2 bV1.S

(INS ITEM:

AvePag AMMIai (1980 * 100 '12j 12.8 14 59.5 3.9 214.4

Sourese CMnts Agenev tor Public NoOuii2CttOn twl statistics

the ftn.f in oarentneste are cOitty wesigts. the eigninmegoco 80 not sum to 100.0 as tne Qrms tar it_ii m aoiinctwos (witn woqnts n imatc ithrpesd Pttrv iw fish (3.4).lngleiSe animal oroeucts (0.3). ta;;r;0 agora (0.3). hamiedli4ptliances u.) n macomnerv anm esiOmJ (0.4)

Section XII. Prices

- 55 -

Table 12.2a : c bow Price Indes for Urban Population(1966/67 a 100)

;.nt .un Junei..W . Jn JiumIte N End of period 1981/82 1982/83 1985/38 1984/85 198M/5 19186/8

Food am beverag (52.5) 1,ZJ/ '..5 56W.7 676.1 734.4 876.0 1145.1

Comtens (11.2) 216.0 235.7 243.5 376.5 482.7 1017.4Pulge (6.6) 512.? 5MA.6 701.2 766.3 1139.3 145S.1

Most, fifth nd egs (13.1) 572.7 762.9 8.9.9 8a.8 963.3 1203.6ODira prosy ts S.9) 545.6 660.6 796. 827.4 899.1 1l001.2

Vegetatles (3.8) '93.6 594.4 781.8 820.7 1183.5 924.0Fruits (2.9) 1101.9 1719.9 2425.5 2489.9 2683.3 3585.2

Housing (15.7) 113.7 118.6 119.1 121.? 126.1 129.5:urniture am Otthe durtales (1.3) 283.9 293.3 328.1 349.6 361.7 386.9

Clothing (8.4) S . 37.0 473.5 55. 630.8 650.6Traowtation ano

cin nca:ton a 4.4) 313.2 313.2 316.8 316.5 357.9 383.1Serviess (9.9) 329.5 380.4 507.9 619.4 832.5 965.6

PiIomi oexome (1.8) 223.0 230.3 253.4 309.2 333.0 445.3

All itm (100.0) 356.0 422.1 505.2 506.3 663.1 829.?

Soswce: Centrat Agey for Pubtic mobiltization enstatistics.

i Tho nhuer in parenteses atre indicatisve cufty weigts bond on tbo eamedity weightsonoa In fivo r"ionat suDindices an popstin weights for thes rgios.

T,he reIoni veights art oase on a fasiy wideet surW ot 196165 am the;Me poMutatton cenus of 1966.

2/ nctudes oils an* fats; sugar ano smets.

-56-

abte I2.2b ; Consunr Price index for urba Po9uMLaIon * AInSaol Averae(196/67 100)

tm e 980;S1 1,9818 1982185 198384 19840/5 *98586 198WS

ooa ao bsv ragsn (52.5) 1/.2/ 362.3 -07.3 475.4 565.9 644.4 N49.4 97S.5

Cereals (11.2) '8.0 201.9 224.3 241.2 33.3 412.4 903.4Pulses (6.6) 467.3 506.5 562.0 655.9 747.8 990.3 1321.6

'4est, fish am e"gs ( 13.1) .83.6 538.8 655.4 818.7 874.4 942.4 1077.0Oairv prouets (5.9) .41.8 554.9 611.1 721.0 807.9 S8.? 948.5

Veqestaes (3.8) -OS.S 540.2 626.1 629.3 '69.7 :68.9 1255.2fruits (2.9) a4.5 631.5 743.7 I077.9 1251.0 376.3 623.5

4ousinq (15.7) 15.6 14.0 116.7 120.9 120.4 124.7 128.0:urnlture rra other curaLoes (1.3) 93.4 242.9 294.4 317.5 334.9 352.1 374.3

Clothing 8.4) 301.6 328.0 37Z.2 ;40.0 508.3 593.7 640.7rarnsottat on am

coMAi tion (4.4) 199.7 258.8 313.2 315.0 316.8 337.4 377.8Services (9.9) 273.8 304.4 356.7 4S5.3 585.0 734.4 911.3

Pesonat exoeres (7.8) 212.3 218.4 230.8 267.4 301.4 321.3 362.6

All items (oO.0) 8.9 321.6 370.3 437.3 500.4 580.8 727.0

Source: Cetrat Agenev for Public mobilization VW StStiSttcs.

/ The numers in Darentnesos are indicative cogmoity weights based .n the cooUity weightsemotoyea in five egion l suoinoic*s an oouastion weosnts for thee regions.The regional weignts are aaseo on a family bgut survey of 1964/65 and theiauMte oCOaU:tion census of 1966.

:1 InCluoLS olts ano fats: sugar ana sweets.

- 57 -

abla 12.2c: C=nstr Preec IrCaX tor total Poculation - Arvmt Average(1980 * 100)

Fiscal Years Rural Urban Totat

1980181 *06.7 106.0 106*41981182 121.2 117.9 119.61982183 143.9 135.9 140.41983/84 169.4 160.4 165.51984/85 183.8 18.5 183.91985/86 215.8 213.0 214.81986/87 262.0 266.6 264.1

Source: Centrat Agency for Public MobititiOn end Statistics.

- 58 -

Table 12.3: Deflators(1981/8Ut100)

1981/82 192/83 1983/84 1981185 1985/86 *.986/B?

.omaorntv Sectors 00.0 104.7 115.1 124.2 135.8 '48.6

'qricuLture ^00 '12.8 33.0 : 9.8 73.2 ".04aron. i Mining -:0.0 108.0 '18.0 132.0 142.0 168.0

:etroteuan "0.0 87.6 87.8 83.9 78.6 65.4Elctrielty 4 P.U. 00.0 111.0 130.0 151.0 203.0 212.0

Construction '00.0 110.2 116.8 127.6 139.1 U46.6

Oistritucion Sectors 30.0 t14.3 127.7 139.5 156.6 185.5

tram.. Coom.. Storage 100.0 121.0 122.0 123.0 130.0 146.0Suez Canat 00.0 103.0 105.0 106.0 110.0 128.0

tram . Fin., :nsurance '00.0 113.6 133.3 150.0 173.2 208.1(Trams) (100.0) (115.0) (136.0) (156.0) (181.0) (226.0)

Service Sectors !00.0 105.0 119.1 135.1 148.6 163.2

dousing '00.0 110.2 116.8 127.6 139.1 146.6Other Services '00 0 104.4 119.3 '36.0 149.8 165.4

(tourisml (100.0) (110.0) 010.0) (110.0) (117.0) (157.0)

;P at Factor *C-st ':00 107.7 119.7 '30.9 I46.6 62.?

'otat Investment -a.o 07.0 o 09.6 '14.9 '35.2 '52.2

otat Fixea Investomnt 00.0 0 106.9 109.6 115.0 136.0 152.0Chages in StocKs 00.0 102.1 107.9 113.1 122.5 17.8

iubtic Fixeo6gnvestment 100.0 106.9 109.7 115.0 136.0 152.0

Total C unsffation '00.0 108.2 122.4 134.2 153.5 186.6PubilC 100.0 102.0 113.3 124.3 137.0 140.0Private '00.0 110.0 125.0 137.0 158.0 199.0

Total ExOEnOiture :0.0 107.7 119.0 129.1 150.0 180.2

SOP at MP '00.0 108.3 120.4 131.3 148.0 164.5

P1 100.0 98.0 9.9 95.6 104.8 119.6

Soures: Ministry of Plannng and IBORO estimates.

- 59 -

Table 12.4: Ig or:& E£ oor: (S) Price IndiCes(1981/823100)

198112 1982/83 1983184 1984/85 1985/86 1986/87

:.-tort Price inotces

Foolt

wheat A Flour 00.0 89.5 89.5 88.7 87.4 77.2Other AqricutKurat COcn . 100.0 92.4 88.7 83.2 67.0 54.9

P*troteum n 100.0 94.5 88.7 82.1 80.0 61.1Other IntUrusatato Goocs 100.0 102.0 98.5 99.5 109.1 124.5

Capitat Goods 100.0 102.0 98.5 99.5 109.1 124.51MamjctUrwo Con. Gods 100.0 103.9 100.A 101.4 111.2 126.9

Totat Goods ¶00.0 98.8 95.5 94.6 99.4 105.1

Non.factor Services 100.0 107.0 103.3 104.3 114.4 130.6

Weighted Averaw(Goods & NFS) 100.0 9M.7 96.4 95.8 101.1 108.6

Exeoct Price Inmices

:otton 100.0 111.7 117.9 114.6 57.7 99.93ther Aqrtcuttural ConE. 100.0 105.7 101.5 95.1 76.6 62.7

Petrotuno i00.0 92.9 88.3 83.5 81.4 62.2Textites 100.0 106.0 111.3 108.0 18.5 135.2

Other man0acturwa Goods 100.0 104.0 100.5 101.4 111.2 126.9

total Goods 100.0 95.9 92.4 88.0 84.8 71.6

Suez 100.0 106.0 112.1 118.3 129.8 148.1Tworism 100.0 108.0 112.2 116.3 127.6 145.6

Other NfS 100.0 107.9 116.0 124.1 136.1 155.3Totat Man-factor Services 100.0 107.3 114.2 121.0 132.7 151.5

Weighted Aversqe(Cooos"FS) '00.0 99.5 98.7 9T.2 97.4 91.9

SoUrCe: Central san of Emt ano 8ROD astImtes.

r

F II' lII: 11111 |n

'II~~~~ I0s IiII g§ii||

., N ,..,l . , , , 0

, ~ ~ q p W I

- 61 -

TArM 2: OFFICIA. 651A1R3 OF P i oJ MOrIR= Uam mamtic PM=, 19mm 1AM 1IN INILIGN OF OMEN GIMPTiA mONI

ainumu 35U.S .

S* TOTAL GI:IUU3lpfl? d8 9UMil OF'e Sr*SP1K ZUVESIcNT am .a.awmn.. N!U 1U;

n oru m Ca cNI.-3ACTU UVItS 5434 6U

mu soNmne auc 2u. .

. NIUIS13 oF PUNfl

*1E ijj l~ i i

0i

dl~~~~~~~~o

- 63 -

TAME 4: -PRUUCIN OF RAM AI3ii.1nDi C3M"*"uVLII *tum s-Xn ci m oa

WISSY *Z1s1n2 19S1-911 191 1913 193W

ri 7.2 l oo103 W- 9t 92 95.6'aimaus 1.6 1. 113. I0J 1164 la".alms wtoo 14.l 100.1 at I"- 103.1U11.5 loo- 101.5.. 10. 103 101.1

came 10.3 In3 V7.A 1 9W.1 9.liit 7.2 Is Iol "A 94. 100.1

MonK 13.9 100 101;5.. lies 110.i 6L.NILu 7.7 103 - 101.4- %. 6 97.3

14.7 103 96- 1 0o1. 110.5 119.4_ nmiii 6.2 loe: 3- a.- 96. 73n

?MVWsI 6.9 100 103 113 95 163P1T1 2.6 103 92 103.4 1a 11(NM?a pmu3 (10) (1oLT) (A105 (10*) (124A)

TOML (mINTEI 10o 106 96.. 9T.7 102 1016M A11 MU O MoAL CM (A) - -1.1 .0. 46 2.1

ml,v sa IA,g OfOFFCIAL£UMM OiF VAMUE AMuto sULftM (C) . 4.6. 4.1 S3 3.3 3.5

minl*U.'OITIOIm FUU3 CBAl 5Si 4.9 .1.6 1.2

mml S _I DATA CAN FM 1IDIST1? OF AUIULI.

I*1tE 5;. GRSS VALIES Of IUSIRIAI PII5IS1 ItL11100 Ofiiff EiAJI PONUM11

CUIENI PRICES 1981182 PRIEs CURREuII982/13 PRISCES C.3EN1193/64 PRICES oMu 194/3S PISCES CURREITI 1985/6 PRICESemucis PRICES Palms PRICES

198/82 1982U3 1981/32 1982183 19uM13 1982/83 1983384 193U41 19133114 193135 1933 1934/5 196s/86 191S3 195"/86 198618?

SPINING I WAVING 1710 1777 1710 1672 1905 17?? 1837 222? 19M 2046 2639 2221 2400 2771 2639 2317

fOw SIuus 1913 2072 1913 2006 2624 2072 2243 3491 2624 3000 3304 3491 3304 4306 3304 3793

ChENiCALs ?1I 759 711 730 938 759 918 38 933 36 1U74 364 1219 1575 1274 1495

ENGINEERING a NElUAILIGSCMl 1416 1M 1416 1611 1914 1103 1761 2136 1914 1914 2413 2136 2247 2497 2413 2408 a

iUnis a KftEC1n 142 16? 142 1S6 191 167 179 230 191 204 276 230 235 307 276 254

mm0 PAM IS 239 328 239 326 426 S28 416 472 426 435 477 472 468 509 n7 452

LEAU PU IS 46T s19 467 519 S31 519 S60 744 Sol 676 610 744 670 679 670 S67

1TOAL .6S9? 7324 6S97 7020 os 7324 7919 10133 3s?? 9139 11054 1OIU 1OS43 12644 11054 11236

1.1O1 AlfeS OF T10TA (2) IA) 6.4 3.1 6.s 3.5 2.1

aNIM RATES OF OFFICIALE3IINAIIS EU1 INSUSIRIAL VAtUE ADDEDI CUSTANPt "ICES (3) 12.2 8.8 9.9 7.2 9.4

PeCeltAGE POINTS DlffiER. (A) 5.0 0.7 3.4 3.7 7.3

OAIA SOECES: IU51RIAL ERIUCTION OAT IN 131111 PRICES AtE f R INIINISIT Of INDUSIRT.IM MICE IN1IC2S US TO DEPUIE @33111 VAtUE 081*, EON camsU.

IOTE: PRODUCICN DOATA IN CONStANT PRICES ARE U0D SAN ESTIMAIES.

- 65 -

TAJUI s MMM FOR NMt 1"1110aim euifmn mum IW11Ni i MAO oln _, 1" NIC SWIMOFFICIAL IUM

"MAul " 19U

nTOAL COIUWTI 1032o 157.,11A1 10. IIAJ

mm -- II lo 106 "mm vni. 11 -11 103. 13.

- , .C.l to 81 1, lo 13MU r_nw ornc a WI*PACIUURVUIWIC. I5.

teg Iw 10 OU IAo

Cmnns PERIC 1u 103.6 19.

A63 VA1 IiOm t 100 140.5

own VW N lo".

OATA~~~ =XKsMNS FPM

- 66 -

TABLE 7:E90?T - 3053 0ONITIC PROD=TIV JImUMIAL 01101M.1N NILLIN EIMPAN POUtSSFACTOR COST

19811/8 1985 19S/ 1984/IS 195/ 198

AUICULIUU 3931.30 &W.69 5494.8 6385.97 73.69 8.56KANW. & NINI. 2616.20 3046.21 368.75 4316.40 45.35 560L0pullm" 2646.00 25.76 2811.36 29.77r 2751.00 23.71LECTICITY 27.70 156.13 211.90 260.4 37.n 441.

COUTRUCTIOU 101.00 1221.02 1377.07 1561.62 1770.60 161

iuAu.. ST10 13.60 1929.9 2140.09 27.7 2630.1 3053.7332 CANAL 41.70 661.8 6.12 644.90 718.74 601.2ram 2430.00 3206.8 4034.96 4993.40 5949.1 7341.62FINM.II 134.60 1675.32 1983.06 2416.10 21W.17 3392.

::IIIIhN 373.10 452.01 5ZL.40 617.20 7137 79?W0TOWIN 22L.0 2za.4 21.10 301.15 301.74 476.06OfE 3240.20 349." 4a1.4 SOMA? 5M1.20 648*3

COPeFFACOt COST 2007.00 2320.56 405 31920 30.52 4167.84

T IMDIIECT TAX 664.00 92940 110.90 1179.80 2123.80 187L3UINCt tM 21X1 31 3713.9 39.6 406.6 "4d.7c. tax 6S1.6 119".4 13LU 1443.7 146 173.TIs't dUtIm 1573.3 16443 193. 18.l6 18 1906.co3 taim 45.1 431.7 41.5 513. 7M 16

0t1A SVU30113 13 34 263 2749 1941 236c usaidi. 2901P 2054 1 200 2909 195

uAidim d i ate 595.00 2Ma.0 63.00an0 buosrnqs .7? 23 86 741 -143 61?

GW.N, PknCEI 20761.00 2410.90 20.4 3312.00 3115.32 4366.4

tg CIENT FACTOR eosnS. POTMAC INARI3

* 1981/ 1982/ 1953 1968 l988 19r/

AGCICULTt 19.6 19.6 20.1 20.0 20.3 21.2HAIAW. & MINING 13.3 13.2 13.2 13.3 13.3 13.9PIT "I 133 10.9 104 9.3 7.6 5.7ELETICITY 0.6 0.7 0.8 0.6 1.1 1.1acISTUcT 5. 5,0 S.o 4.9 4. 4

?"imam IT= 6.6 8.3 7.8 7.4 7.3 7.3*1 CAUL 3.2 2.9 2.5 2.0 2.0 1.9TUN 12.1 13.6 14 15.6 16.4 1a6flN"J.u1l 6.8 7.2 ?.2 7.6 7.9 6.

"OlUSING 1.9 1.9 1.9 1.9 2.0 1.9TaAIM 1.1 1.1 1.0 1.0 0.6 1.1Of 16.2 15.0 154 15., 16.0 15.4

GD1,1ACTORCOSt 100 100 100 100 100 100-

Sls3 WOElANEUUU, IECIE.

F? 9* rg 19 )lo 3 d

g1o1 r' rs a,, m-oi*9 1@9 6*9 roI ;66 .UUIUUUr9 Ft, r ri m 2 rot ms.51 1V? SL -09 39 tn -

rI- 4192 tot *0 Fo rE e. rt lot rot rot oz A 'I'l "IIs __

r - 0' ) 8i mI9 0usi wals un3:6 0S 66 rL 9r01 A13Iu3111'

9-t $-1 19 t'@ -969 NlZlZ I *_m.-iz s? rs sI 6z uuzA31W4I 91C WWI -931U1 sils Uwbi

twidI IUVW WtuI)

AME 35 a w"IS Om? £g51? *80 ai do

£"mW mK rA9E AUS IO r0 t am-" 99?W 16* seen 15?l 56?p Vz 0113NON

rw96 rmr rMgI rgsI rrni VwIM 111N1mrmua1an r1i `1g r runst ug-up rep~ 9.3 3h6 39 lls" 'WUm mi-Am0 I=O 631 355 5654 9SKI V!ft W10A1 3aUIAISID 6IU?L MtI 41111 sit not 03h2IUiUm9U? 164 rout "Di 291,v Vila M3131311,13

.9t g Om,UK si zoom bifm I .*umnma

.41d UA as wU. .V .mm. avuu au.aum NiglUi o Williams As

4M 31A 11333 -VSIU AAI 8 W

JUUIaim309 dD 3UV

~~~- ; -L9- |=

- 68 -

TArI 91 EGYPT OROSS D ttIC PnuM S INDSISI ORIG.OEPIATOES (193132.1

OUIATES 191/ 1983182 196134 19318 198W1 19816/

AOl3CLotW 1.00 1.13 1.J 1.56 1.n 1.9"1A1_. NINING 1.00 1.0, 1.13 1.2 1.43 i.es.PPR0LSt 1.00 0.5 o0t- 0.3" 0.79 0.0ILECTICIIY 1.00 1.11 150- 1.51 2.03 2.UcUTIMIOT 1.0 1.10 I.d? 1.2C 1.39 1.47

t,AmaCm am 1.90 1.21 1. I 1.a 1.30 1."SU CANAL 1.00 6 l 1.0 1.01 1.10 1.3tR 1.00 1.15 156 1.56 1.31 71FINAU.INUR 1.00 1.11 1.3 1.39 1."9 1.?

NOWINO 1.00 1.16 1.1? 1.3 1." 1.47TOWISN 1.061 1.16 1.10 1.10 1.1r 1.501 1.0 1.04 1M l.31 1.5 146-

OOP,FACT COST 1.006 1.07 1.1W; 1.09 1.4I 1.43

AMIAL CHANGE RATESEFUTOR 1m/J2 19 19M 1913 196/8 1988

AORIOILTUtE 12.3 l.9 12.6 15s. 15.0MAIW. & MINING 8.0 9.a 11.9 7.6 leiPET0LSW -12.4 0.2 *4.4 -6. -16.4ELECtCITt 11.0 17.1 16.2 34.4 4.4CONSTRUCtON 10.2 64. 9.2 9.0 5.A

tRANSC STO 21.0 0A 0.3 5.? 12.SUU CAAL 3.0 1.9 1.0 3.3 16.4rIg 15.0 18.3 14.7 16.0 24.9FItU*.IM3M 11.0 15.3 A 14A 11.3

-UING 10.2 6*. 9.2 9.0 5.4__ TOWlIsml 10.0 0.0 0.0 6.1 3450O 4.0 1S.4. 15.0 10. 9.2

cOP,FACT Cas 7.? 11.1 9.4 10.5 12.

-ilUw_ 1

- 69 -

Table 10: vgp.Jm cm a nu UIC POC=N1 NILLIOS OF 196116 COUSMM EG#VIANAW RIPO,,

-c.ias PQIa 1- 19#1' 1¶9' 1961 19m61 lEV6?

TOTIL CtWAL CaiN 174r I= 2001 2166 2153 2145Private cn 1is 1481 15s'- 163. 16M 169Gma emuImtmn- 3m 4M6 45W 4" 461 41.

Tm tmIoT*L IUVU_1 686 61 711. r 67W wGeM. Sul I m_uw 6116 696 W. aw s1 .Ckpm in stau.. log.: .196 1U.;. "It. 46 -301-

T3oraSm 561 631 66 48 6t 7 'tN IU or13 71 UU 10107 1S 96W TMtwo. uISU*IIC 0.6- 53.9 3.6. .4.6. *1613 914

GMUP - 2M03.0 311.13 8619.4 83324 1W53.1 2453.5

IrN a u cmuRI Im AlM N1 RM 1961 1916 . t19u 109UI 1963

Pny taa nmt LA 6.1 l 2.5 04Prtv e_rov ZA Ls 6J U 0m4 ePRusntu 10.1 11.2 1. 0.7 L2

TOM IsU_I 34 10.32 r . - 13A -17*&a tfxin mmuu W.7 441 401. -r.r3 4.7Coon in 'IUA *M.9 -1.61 I=S .3.7, .174

sin.uFG lo.r 6.1 44 6J. 641h13 or 1.0 14.5 3.- .1 .2. 15.6Mii. aissiupuccoP. H- 7.4 6.1 6.4 U- 2I

WS MUlSN,Lt

&oii rzt O6 -n1 re SNwV NU= dW ein

toU "I 8*6 rtt re AMoM *AvnO'bi 61s ol oll oo0 .^ D1vL-t 0*6 50 21ri- O -ldU do imamS..? - 3 vet to" Wu as kuw31 fi se, ri *09 A3MUI f 33s9*tI aWl * 6 rt O5 SUNIu 11101rz rot rA 1s 1 wpOmmt arsz rsL r. rct 0°01 _ a ""lad

rl2 nw n al 13 mm c3 n sun mm uor 1 'u

*;t ant ,£*l WIL WIL 000 I|

f9",I Ug?.L all I =It mot Mot. A31d310 "VISon *I no, I mot 0M0 ooo& 0.1 am a sudulMOD woo MOO moo gu*o uri dm go o3l91 WIL Mot U& Met ml J1 US WI Uuagfl* MfL Dl mol 90.1 0-1 aUtSaua u MIDon*l unl Met m*I ONO, OO01 _ UWmn I 111olW Me t l M lrl slo o 0 ool wma m ""inl n 031. mn 0Ul oa m00ot1 _ *ID

wri swi nnmi utwi un m WC0u WWI

t1?i1361t) 3U1V.IdIO1.U I1S30 am 0 O UAWUIU :T ITq

- OL

- 71 -

- ~ s

- - ''1rA 1flW 9-1W

NNLIUNT 14.1 l16n41 17a. 19.6 19.01 045(EUo 0.35 106 112.. 117.9 1294 . 129.1 14L0

NWUMt 1.9 2.2 3.7 3. 4.2 4.5(NN 1A06 114.0 1U. 1654 223.7 13

Taor 1 1.0 1.0 1.2 1.U 1.31 1.3

N s (1) TNU 1W f10 Ch P113M IS ElAT TO "OM ALUS OF OMX21 TO WIT PU P1UUMU PIU1 IS ELATE TO MM$ 11 I I W E(3) THU M00UOT NW01955LU I F I 1 LEINIT AbiWSi TO UEflET A I

-72-

Table 13: CWUATION OF O1LATOo FOR AURWCJURM. SICTOR

SlCIGT 61/81 19821 198/U4 1981M 19g8" 19W6U/

CON 0.106 100 109 20.2 156 154 193qICi .0O39 l00 III Itl 132 174 1n.sUOICAME 0.153 100 100 III 13 ISO 10*m5S1 0.117 100 100 100 107 1 13_SUNATI '.01 100 100 12a 1n5 1 48

OTWhS 2.545 100 12t1 151 11 194 22

TOTAL COEfUATOR 1 1.00 1.128 1.331 1.49 1.731 l.9I

DATA O M I VUWU T PROCtUIU PRICES AO saU It SO t FT V IW l CRP1 CM FPRICE IMOEX FOR NOTNIS IS CAPNA$ WUOISA PRICE INOh FOR ARIMW.LI

- -73

Table 14: otYVm I F O UUM M in*cuun A MINIUIM

- sn ii i,..i95JM1 dU; iea 'q.lWA -

G8. VaI u ,ummt:a-a aul - 101w 11 1

11WI.NIft . au..IhL - 0A I N. S. - 111 14564-11 l l. _ . ..

1 1.149 1.m. 1.1 n- 1.4K 2.1tn1a inm f Ato ims a m s mu Mts soS W3ir mu 35_101ft (111 I - 1.06- 1.10S 1.28 t.2U? 1.US'

ou WCAS 1 - 1.0 1.10 1 - I.3L. 1.4 1.31*

tia TVsU OF INRA NuI m MNUM W_u o m_1n(a s evaui O uF M_gm goU _wiu i .um. By n n_

: 74 -

Table 15: O.IYTvATIor OF nIAT01 FOB PIU31 SECTO

- 9SVI 1931 19#1 111948 19811 193W

IN NILLICH IGCPTIAM POU

-05 03311 NECUTI -(A) 32.3 301.1 3.1 349.8 3105.3 23

cUIU OIL CNAIUSS (C3 933.0 940.7 11Q33. 13W.9 1272.5 953nW vALus oa*A-6c 'S.2 391.o 442.8 43.4 -337.5 3783.7INtR I 0.946 .053 . 1.115 1.0 0_1

VAS AMo OF OIL SICTRto UIMSANI PRICK nu4 28 3 3545 3530 33ilO1 (5) 1.000 1.030 1.200 1.0 1.312 1.=

aEUATlE CO/I 1.001 0.1 .°. 3 0.- °5 -

MOlE:2 IMC UAIA Ct 2EU COP

Annex fr - The National Accounts of Egypt

Table of Contents

I * ntcroduction .................................................... **** l

I1. Official Estimaces of Egypt's National Accouncs............1Ao Dat Ava ila bilicy................... .1B. -Data Sources and 4ethodology.l

IIS. Recominmdations for Improving Official Estimacesooos ooooooo4A. Compilation of Couplete Set of NationaL Accouncs.......4B. Mero Efficieat Collection of Basic Data................4C. More Efficient Procedure for Estiuation................5

IV. Alteinative Estimates of Egypt's NationaL Accotucs.ts......o5A. Genral CoiCnncs................... ..... .... ,...S.B. Overview of the Method... .... 0... .. ................ 6C. Specific Procsidures..................

1. Sectoral Value Added at Constant

2. evelopmcnt of Sectoral Deflators ................ 103. Derivation of the Overall CDP in

Current Market . .. .124. Estimation of CDP by Exp_diture

Categories in Current MnarcPrices. ............. ... ... 13

5. Development of Deflators for CDGExpenditure Categorieso...0*. tOo.1..........J4

TME E&TZOE ACCOUIU Of EGWPF

April, 1988

I. rntroduction

This report reviews the official estimates of Egypt's national

accounts, with respect to the availability of tim series, basic data soures,

underLying method and general data quality. It then provides a fev

recome_dattons for improving the estimtes. Finally, it presents altrnative

escimates and the reLated methodology. Relevant statistics are shown in the

amsmed tabls.

II. Official Estimates of Egypt's National Accounts

A. Data availability

The Hinistry of Planing (NOP), which is tho official source for

Egypt's national accounts, has compiled the data oanly partially. Nov

available are the estimates of sectoral value added only at 1981/82 constant

prices for the fiscal years, 1981/82 through 1986/87, and the ezpenitures on

gross domastic product (CGP) at current and constant prices only for 198618?

-- (Tables 1, 2 and 3). The Central AgInc7 for Public Mobilization and

Statistics (CAllUM) has compiled tha national accounts for 1970 throug 1976

and two fisca years 1981/82 ond 1983/84 but only at current prices. The

CAUMS is still reviewing the 1983/84 data within the fraiorh of input-

output table.

S. Data sources ad mthodology

i. Data sources

The OP regur arLy receives basic data on gross outputs, intcerdilt*

inpute and, soutim o, related prices from diferent Ministrise, which in tumr

2

collect basic data from Local governMOets ("Covernorstes") or make estimatgs

for thesnelves. For the "goods sectors" such as agriculture and industry,

data are collected on the physical volumes of individual outputs, intermediate

inputs and related prices. .O? aLso receives data on consumption and

investmrats-from Ministries and those on foreign trade, from the cencral

bank. Some price information corns from the CAIKUA. An especially serious

data problem is the long time Lag (two years) involved in the publication of

the detailed data (even preliminary) on agricultural production for the latest

year.

Hi. Estimation procedures

Each "Sector Division' of the Ministry of Planing collects data from

the relevant Ministry(ios), reviews them and estimates the sectoral value

added, by subtracting values of intermediate inputs from gross output valWse.

For the "goods sectors," the values of outputs and intermediate

inputs are estimated by multiplying volumes by the average unit prices. Uhem

detailed data on intermediate inputs are not available, technical coefficints

derived from earlier years' data are used. This procedure for estimating

value added requires very extensive informtion on physical volumes and prices

of all individual products and services for all the years covered. The

unvailability of sectoral value added in current prices may be related to the*~~~~~~~~~~~~~~~~~~~~~~~~~~ dhS4

-unavailabiLty of detaild, price data for no-bae years.

Fr most service sectors, the values of outputs (sometimes, values of

inteuendiate inputs also) are takon directly from accounting records. 1v6#

here, the values of intersediate inputs are often coputed by multiplying-

physical volumes by the averaga prices. For the trade sector, the valuos of..

outputs are estimated by applyiug legal or estimated trade margin rates toAthe

valu:: of Imported goods and domestic products, which are not self-consasutd--

- - 3-

For the ownership of dwelling sector, the output values for owner-occupied

houses are imputed to be equal to the actual rents for the rental houses,

which are controlled by the governhunt. For the service sectors, the sectoral

value added-is estimated first at the current prices, and the constant price

estimate ib derived through the double deflation method.

Each Sector Division of HOP also estimates gross fixed investments by

industrios as wvel as detailed commodity breakdown. The "Consumption

Division" of the HOP estimates the private and government consuiption

expenditures through the coamodity-f low method.

The "Mational Economy and Plan Follov-up DLvision" of the MOP

assembles the sectoral value added as stimated by the HOP Sector Divisions.

It also compiles the whole set of CDP by expenditure categories, based oan the

consumption and fixed investment estimates made by the othe MOP DLvisions ad

the data on exports and imports compiled by the central bank. Since the

overall CDP level is determined on the production side, the estimates £0

changes in stocks are derived residually. This Division checks internal

consistency of the national accounts through caondity balances between supply

and dterad. At prcsset, however, this Diviaion does not have mnpower enough

to carry out all the above task regularly.

C. Data quality

Detailed basic data are unavailable for assessing the quality of the

official estimats fully. Howewvr, evidence exists that the official CUD

estimates at constanc prices overstate the ecoomoy's growth rates. Namelyj

the actual production data in volume terms for major crops and industrial

goods show mue slower growth rates than the official estimates of the

relevant sectors' value added in costat prices (Tables 4 and 5). Also, tb

deflAtGrs fou thk offiCihl estimates Of Consumption expenditures and gross

-4-

fited.investment for 1986/87 imply unrealisticalUy Low inflation rates betweoe

1981/82 and 1986/87 (Table 6).

III. Recoumendatioas for Improving Official Estimates

A. Compilation of Complete Set of National Accounts

As mentioned in It (A) above, MOP is now compiling only partial

national accounts, essentially sectoral value added in constat prices only.

Z'P should also regularly compile GOP ezpead&cure categories in constant

prices as well as sectoral value added and ezpediture categories in currem

prices.

The value added data in constant prices ay meet gove_m t' s neod

for *e post assessment of the econdmic plan with respect to rel growtb of

individual sectors. To review and formulate economic policies, howeero, the

government will need sre infomation, particularly on relative price

amos differ et production sectors or expenditure catepriese Sucb

information can be obtained from national accounts data in current prices.

Current price data can be used also to derive useful indicators (e.g gross

domestic savings ratio) for monitoring macroeconomic developments.

B. Moere ffieieto Collection of Sasic Data

CuMetly, 'OP collects bsic data throuo a long admiistrative

channel. This is not onLy costly in resoree use but also is liLkly to result

in poor data quality due to diffusion of rasponsibilities in quaLity

cotrol. In cooperation with CAPASL, MOP could collect basic data more

efiCieOntly, say, through sample surveys, particularly on curret values of

outputs and inputs for different industries.

CAMS prepares input-output tables periodically. Hover, MW has

not used these tables in preparing economic plns or compiling national

- -5s-

accounts. The main reason for this appears to be that the preparation of

input-output tables required a long tim period and thus when the tables were

compLeted, they became quite outdated. MOP coult still use information Era.

the input-output tables to checiL its estimates of nationaL sccounts and revise

the estimates if necessary. CAPHAS could better schedule the production of

input-output tables so that they would beconm available when MOP starce to-

prepare economic plan.

C. More Efficient Procedure for Estimation

As mentioned in 11 (B) (ii) above, the basic method used by MOP to.;

darive national accounts estimates is to multiply quantities of indUvidual

item by the relevant detailed prices. Collection and processing of xuch.

detailed information is not only costly but sIaotijus ispractical,

particularly for new products or service itas. Ul of this method for -

deriving the current price estimates is uecassary, siace reliable data my

be directly available fromx many accounting records. Further, unless changes

in product quality or factor productivity are properLy accounted for, constant

price estimcats based on simple physical volumes can be seriously biased.

A bettez-alternaLive will be (i) to derive current price estimates

based oan curret value data and then (iU) to derive constant price estimates

from the current prica estimates divided by appropriate deflators. Here,

reliable deflators can be derived fros prices of sample products, not aLL_

individual products. This is mch moe economical. Also, it will be:sihpLer

to adjust deflators to reflect prices trend of new or improved products.-

IV. Alternative Estimates of Egypt's National Accounts

A. GeneraL comments

nformacion detailed enough for deriving highly reliable estimates of

Egypt's national accounts is unavailable to the Bank. The estimates showm in

Tables 7 through 12 are based on data normally available to the Bank. Thor

method used is designed to be less intensive in use of basic data, while..

producing estimates of reasonable quality.

B. Overview of the method

First, the official estimates of sectoral value added at -conetant

prices are roviewmd and adjusted.

Second, seccoral deflators are deveLoped.

Third, the sectoral value added at current factor cost is compted by

"inflating" the constant price value added by the corresponding deflator.

Fourth, the overall CDP at ct.rrmt market prices is compted by!

adding sectoral value added at current factor cost and net Indirect tames.-

Fifth, the overall CDP at costant market prices is estimated, -byt

applying the base ar ratio of net indirect tame to CUP at fator cost,-to

different years' CPs at constant factor costs.

Siuth, CDGP enpediture item are estimated at curr et market

prices. Given the pro-determined overall CDt, the private consumption is

residually derived while the estimates for choges in stocks are adjusted-if

necessary.

Seventh, tho deflators for expeniture itm are U termined.

FPially, CDP eapnditure itms at constant market prices are deried ,

by deflating current value estimtes by the corsponding deflators. Hesur

the adjustMt iteo, statistical discrepancies, was introdwed to mak&Utheas?

of the deflated eapenditure items equal the predetermine CDP ia constant-=

prices.

C. Specific proceduras

1. Sectoral vaLue added at conastnt factor cost

a. Agricultural-sector

The aggregate volume index on agricultural production for 1985/86.is

derived, based on produccion volume dat for 12 major agricultural producta.-

wheat, horsebeans, winter onions, bersee , cotton, rien, maisx, millet,

sugarcane, groundnut., ComuCOeGs pocatoes (Table 4). The weights for

combining the individual product indices are total production values for eah

product in 1982/83. These values were obtained

from tha Ministry of Agriculture or estimatad by multiplying the production

voiumes by the average farmgate prices ( the 1981182 vaLu data are

unavailable).

BSed on the aggregate volume index as derived aboe and those ftcm

other sources, the 1981/82 value added of the agricultural sector is

successively eztrapolated for other years. am ely, for 1932/83 ad 1983/834

the official estimate for 1981/82 wes extrapolated via the annual growth rate

as derived from the Bank's earlier estimatos; for 1984/85, via the growth..rate

from the official estimates; for 1985/86, via the growth rate of the aggnegate

-volume index for major agricultutal crops. Givn the Lack of detailed

production data for 1986/B7, it is assed that the annuaL. growth rate .ofthe

value added at constant prices for 1986/87 is the same-as that for 19851/N,-as

implied by the official estimtes.

b.. Mmfacturiug end mining sector eclutding petrolaum

The output values at constant prices, with previous year as-base.

year, are derived for seven subsectors - spinning & aving,$ foodstuffs,

chamicals, engineering & metallurgical products, mining & refractory produts,

woodworking products and leather products. For this, the ciurent values of

production by subsectoor, as compiled by the Ministry of Iadustry, arg

deflated by the related wholesaLe price indices from CAPIAS. In deriving

these constant price values, the information-on output volumes for 25 seLected

industrial products from Ministry oE Induscr7 is take into account. This

required marginal adjustments of subsector deflators for certain cases.

Ones the output values in constant prices are determined, thqy are

used to excrapolate the previous ye , 5 value added in constant prices,

successively from the base year, to derive the value added for other years in

constant prices (Table 5).

c. Petroleum sector

Virst- the production indices of cnds petrolwmk, petrolem producs

ad natural Sas are combined into an aggregate idea with the rcapective.

production values in the base year as weigbts. BResi data cm. from the

Egptia General Petroleum Corporation. The data include production by,

foreign oil compnies. Based on the trend of this *aggegate produetios intdex

the base year's value ad4ed is eptrapolated, to derive the value added for-

other yers in constat prices (Table 13).

d. Electricity sector

The official estimates of value added in constant prices for 19U0536

nd 1986/18 are adjused to reflect the tim trend of electricity generated-in

ge. These data come froom 8gei=a Ilictricity Autbority.

o Sues Canal

The official estimto of value added in eomtet prices for 1986/87

is adjusted to reflect the tim tred of the avesrp tranit vessl and caro

tomsag". Thse data coa from Sue Canal Authority.

-~~~~~~9

E. Wholesale and retail trade

-The official escimsat of the value addod in constant prices for

1986/87 was adjusted to refkect the implicit tim trind of overall production

volum of the goods sector. It was assumd to follow the time trend of th

sum of value added for agriculture, manufacturing 4 mining and construction

sector. This assumption was based on the reLationsbip observed in the

official estiamus for 198U/86 and 1986/87.

g. Tramsportetioc, coommnication ad storage

To take into account the adjust a_ts already made to the value adde

of the goods sector, it was necessory to adjust the official estimate of the

1986/87 value added for this sector also. The adjustent was made, baed on

the relationship betwuen tie trnd in the official estimtes for this seetor

and that in the goods sector for 1985/16 ad 1980*7.

h. Ouursbip of dwLlinp.

The egptian authorities cosider that the nouinaL rents for ne

housing for non-base years should be also the rents in constant prices,

because of the gov-e90Mnt's. fixed rents for housing. owver, the rets for

new dweLlings are set higher tha those for the existing dwellings, to reflect

the increased construction costs.

The official estimates of value added for this sector were adJusted,

to reflect the rents of new ho sing as re-evaluated at the base year prices.

More specifically, first, the increased amount of officilly estimated-value

added *acL year over the previous year is assumed to represent the value added

ssociated with rents from the aew housing built in that year. Tbhn tkis

portion of the value added was deflated by the wholosale price index for the

construction materials.

- 10 -

i. Other service sector.

atsuming tbat the ticme tend of enployment in this sector reflects

that of this sector's value added in constant-prices, the base year value-

added was extrapolated via ths. employiet trend. The empLoymnt data come

oro the Hinistry of Planing. For the years, for waich the relevant

employmt data were unavailable, the government e tployment data were used for

extrapolation.

2. Developmet of sectoral deflators

a. Agricultural sector

The aggregate price index for the agricultural products is derived,

baned on the govere t's procurement prices for five crops ( cotton, rice,

sugarcane,p onioms, groundnuts) And the wholesale pice index for agriltouraL

crops for the rest of agricultural products (Table 14). Weights used fore

coining individual pricse indices are the a*ots of govenment procurumeuts

for the five crops and the rest of the agricultural output value for the othe

iWmpsice item in the base year. The five crops were selected, since about SO

percent or more of the respective output wa procured by the government-

Basic data corn from Ministry of Agriculture.

-- b. esufacturing and mining sector

First, the indeo of aggregato production value in current prices- is

derived, for the industries undr the supervision of the Ministry of£

Industry. Here production values in current prices for Latr years (19831U4

- 1986/87) wer adjusted for possibly uderostated price increases for PrhA t

industries. For this, the implicit deflator dwiv from the government il.

for this sector for 1986/87 was taken into account. Second, the Index ot

sector's vaLue added in constant prices is drived from the estimtes

discuss in IV, C, 1, b, above. FinallV, the deflator is-implicitly derived

-~ ~ ~ ~ ~~~~~~_I

as the ratio of the current value index to the index of constant price

value added (Table 15).

ca. Petroleu sector

First, the data on current receipts of the Egyptian General Petrolum

Corporation (ECPC) are taken as ECPC's production value of crude petroleum,

petroleum products and natural gas in current priess. Second, the foreign oil

companies' esporc values are estimated from their *rport volume data evaluated

at the sa_ unit values as those for the ECPC, and added to the ECPC

productian data* Third, the index of the aggregate production values in

current prices is derived. Finally, this index is divided by the indes of the

petrolsum sector's value added in constant prices, to derive the i=plicit^

deflator for the sector (Table We)e

do. Electricity sector

The deflator is the index of the electricity tariff rate fro thtt

Egyptian Electricity Authority.

*. Construction sector

The deflator is the wholesle price index for construction materials.

f. Tfahsportation, comn_ication ad storage sector.

The defljtor is -the urban consumer price index for transportation and

comaietion.

g. Sues Canal

Virat, the index of total toll receipts of the Sues CanL Author*Wt-

in curret price is computed. - Than the deflator is derived as the rationof

thls index to the index of the value added of this sector in cosstcat pricer.

be., Wholesale-and retail trade

The doelator is the overall consumr price index-for thewihole.-

coutZry.

- 12 -

i. Banking and insurance sector

First, the indes of the domestic credit from the monetury survey is

computed. Then, the deflator is derived as the ratio of *his indes to the

index of this sector's value added in constant prices.

j. Ownership of dweLling sector

The deflator is the whoLesale price ionde for-the construction

materials. This is to reflect the current (replacement) values of

depreciation.

k. Tourism- sector

First, the index of Ministry of Tourism's estimtes of tourist

expenditures in curreat prices is computed. Merm, the NPI data for l1958I8 Was

adjusted for underestimation, based on the central bask's balance of payine

datae Thoem the defletar ;- deived -- te r=-io 0-f thfit ine- tc ^ha vaLue

added of this sector in constanc prices.

'. Other sector

The deflator is the urban consumr price index for "personal

epenses" slightly modified by the index of the average wages and salaries of

the goveumat employees for 1982/83 and 1985/86.

3. Deuivation of the Overall CDP in current market prices.

First, the sectoral value added at current factor cost is compute-by

mltiplying sectoraI value added at constant factor cost by the deflator. The

sw of the sectoral value added at current factor cost is CGP at current

factor cost. Sesond, indirect taes are derived as the sum of the domestic-

eonsimption taxes, taxsm on international trade and "other taes"" includini

stamp taxes, from the government account. Coveromene sbsidies are derived as

the sum of direct subsidies from the Special Fund for Subsidies and the

Tresury Fund (SNP) and the not borrowings by the bvernmot AuthoritY'fOt-

- 13 -

Supply Cosodities (CMsC) from dorestic banks, less the SFS?F's paymsets for

GASC losses in earlier years. FinalLy, CDP at market prices is derived as the

sum of GDP at current factor cost and the intlrece t&cus Leas total subsidias.

4. Estimction of GDP by Expenditure Catagories in Current Market

Prices

a. Covernmcnt consumption

For 1986/87, the HOP *stimte wsJ directly taken. For 1982183,

1984/8S and 198S/86, the data received by tha Fund's mission from the ceotral

bank of Egypt were taken. For 1981/82 and 1983184, the estimtte wre derive

from gowermn:c expunditure dta on genral public services, defense, a

coaity and social serwices, taken frm the "Functional Clssification of

Cu.rat bpnditure" table. Mo reason for making these estimte was that

th Fund isiona's data differ considerbtb7 frau the sn of te relevet-.

government expenditures.

b. Cross fizd investment

The NO prepanes the data On gross fizad investent in current

prices. For 1965283 througp 1985/16, tW foreign oil cospanies' investments

were derived from HOP's balance of payments data and added to the HOP

investmnt figures. For 1981/82 and 1986/87, the HOP's estimtes for tbh

national accounts were taken directly. These HOP estimtes al*rey include.

the foreign oil compgnies' invesctmts.

go Ixprts and iports of goods and nao-factor services

TM data cme from the H0P's balane of payments table for 1981/82--

through 1985186. For 1986/87, the HOP estimte of imports ws take, vbile

the HOP estimate for exports va adjusted for the understated oil exports.

Unlike the central bank's balance of paymnt data, the NDP balane of

payments data includ the foreign oil companies' oil ezporctand iuorts fo

investmens'.

- 14 -

d. Changes in stocks and private consumption 0xpOnditures

The "first-run" estimatas of the private consumptions are residually

derived, given the estimates of the overall CDP, government consumption, gross

fixed investment and exports and impoats of goods and nonfaccor serviceg (for

all the yer.) and changes in stocks ( MOP data for 1981/82 and 1986/87 and

the contral bank's data for the ocher years). Thn, the estimates of private

consumptions are finalized while the above estimates of chnges in stocks are

modified such that the private consumptions as deflated at the overall.

consumr price inde shom a "eabonablo" time trend.

S. DeveLopment of deflators for CDP expenditure categories

a. Private consumption ezpenditures

The deflator is the weighted average of the overall consumer price

index ad the import price indeas The weights wer derived frm the PLo.data

for the bas year, the weight for the consumer price index boing 75 pecent

and that for the import price indet, 25 percent. geres the consumer price

inde was recompted, based on the weigbts estitatcd fro the Plan figures

for l981/82.

b. Government consumption expenditures

The deflator, for 1982183 through 1985186, is the govement wag

Ide (i.e., indea of the average salarius and wages of the government

employees). It was assumed that the tim tread of tha government wage index-

is the s*n as that of the average price for matcials and supplies cons "

by tbh gowemrmn-t. Since tha govermnt wage Indx did not chane at aLL1ft i

1985/86 to 1986/18, the weighted average of the goernmecnt wage index, andtha

wholesale prica indea for non-crop products was used as the deflator for-.

1986/87, to reflect price increases of materials and supplies consumedby.-the

government in 1986/87.

- 15 -

c. Cross fized investmfts

The deflator is the sinple average of the whelesale price index for-

construction materials and the import price iLdex for capital goods. This

import price indox is the simple average of the relevant price Lndices for two

successive calendr years, as prepared by CUMtl up to 1986. The index for-

1967 wa assaus to reflect only the effect of chasge in the weightod averag4

exchane rate for

the mrehandise imports fro 1986 to 198?.

4. Chages in stocks

The deflator is the weighted average of the deflators for the vaLu&

added of agiculcture manfacturing ad mnng aod petolem setor ad for.-

the impets. Weigbts are Levels of value aided of the thre setors a1

impaots of gsda an =anfaccer. ucvices inn anscann stces for 6 2-ea.

e. aspocts of good d r-fator service

The deflator is the weighted average of the ezport price Iniees foe

pstroleum, petroleum products, cotton ad others. The index for petroleum ad.

its proucts is derived ftm NO balance of payments daa e MCM data. T,L.

indices for the other items are derived fra CAI.

-- E. rmports of goods VA Aoa-factor services

The deflator is the simple average of CAA import price indices foe.

two scessive calendar yers up to 198g. for 1967, the import price indeg%

for 1936 was extrapolated according to the ted of the unit value index fort

mmfactured exports fm the five major industrial cotmries (NW index) ae

adjusted for the ecange rate movements.