Seriously concerned with the Egypt's financial situation,…

1864 CE to 1875 CE

Seriously concerned with the Egypt's financial situation, Ismail asks for British help in fiscal reform.

Britain responds by sending Steven Cave, a member of Parliament, to investigate.

Cave judges Egypt to be solvent on the basis of its resources and says that all the country needs to get back on its feet is time and the proper servicing of the debts.

Cave recommends the establishment of a control commission over Egypt's finances to approve all future loans.

Locations
Cairo > Al-Qahirah Al-Qahirah Egypt View →

People
Isma'il Pasha View →

Groups
Egyptians View → Arab people View → Circassians View → Turkish people View → Ottoman Empire View → Britain (United Kingdom of Great Britain and Ireland) View → Egypt, Khedivate of View →

Commodities
Fibers View →

Subjects
Commerce View → Government View → Custom and Law View →

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