Tewfiq proves to be a more pliable…
1876 CE to 1887 CE
Tewfiq proves to be a more pliable instrument in the hands of the European powers.
The dual control of Egypt's finances is reinstituted.
An international commission of liquidation is appointed with British, French, Austrian, and Italian members.
In July 1880, the Law of Liquidation is promulgated, limiting Egypt to fifty percent of its total revenues.
The rest go to the Caisse de la Dette Publique to service the debt.
The Assembly of Delegates remains dissolved.
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Commodities
Regions
The Near and Middle East
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