Friday, January 18, 2002

EGYPT'S TOURISM ALSO AFFECTED BY SEPT 11 TRAGEDY - ENVOY



        Jakarta, Jan 18/2002 (ANTARA) - The impact of the Sept 11 terrorist attacks on the United States has been felt by many countries including Egypt, Egyptian Ambassador to Indonesia Dr Ezzat Saad El Sayed has said. 
     "More or less, like Indonesia, the sector that has suffered most is tourism. But for Egypt, tourism is our main source of income, which brings in a total earning of US$ 5 billion annually. Now it has decreased by 60 percent. As you know, September to February is the peak season for tourists coming to Egypt," he told ANTARA during an interview here Friday.
     Because of the drop in income, Egypt has run out of foreign currency and is facing a budget deficit, he said.