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A series of International Monetary Fund arrangements, coupled with massive external debt relief resulting from Egypt's participation in the Gulf War coalition, helped Egypt improve its macroeconomic performance during the 1990s. Through sound fiscal and monetary policies, Cairo tamed inflation, slashed budget deficits, and built up foreign reserves. Although the pace of structural reforms, such as privatization and new business legislation, has been slower than the IMF envisioned, Egypt's steps toward a more market-oriented economy have prompted increased foreign investment. Lower combined hard currency inflows - from tourism, worker remittances, oil revenues, and Suez Canal tolls - in 1998 and the first half of 1999 resulted in pressure on the Egyptian pound and sporadic dollar shortages, but external payments were not in crisis. Despite ample reserves, the Central Bank did not provide sufficient hard currency to commercial banks and Cairo restricted imports for a short period; these developments confirmed to some investors and currency traders that government financial operations lack sufficient coordination and openness. Monetary pressures have since eased, however, with the continued oil price recovery starting in mid-1999 and a moderate rebound in tourism. Increased gas exports are a major plus factor in future growth.

Mummies have been an object of intense interest in the West since archaeologists began finding them in large numbers. 19th century aristocrats would often entertain themselves by buying mummies, having them unwrapped, and holding observation sessions. These sessions destroyed several mummies, because the exposure to the air caused them to desintegrate.

Egyptian monasticism attracted the attention of Christians in other parts of the world, who visited Egypt, many bringing monastic ideas home with them, and spreading monasticism through the Christian world. Saint Basil, organizer of the monastic movement in Asia Minor visited Egypt around AD 357 and his rule is followed by the eastern Churches; Saint Jerome, en route to Jerusalem, stopped in Egypt and left details of his experiences in his letters; Saint Benedict founded monasteries in the 6th century on the model of Pachomius, but in a stricter form.

Ethnic minorities include a small number of Bedouin Arab nomads in the Sinai and eastern and western deserts, as well as some Nubians clustered along the Nile in Upper (southern) Egypt who are estimated for about 0.8% of the population.

The Book of the Dead was a series of almost two hundred magical texts, songs and pictures written on papyrus, which were buried along with the dead in order to ease their passage into the underworld. In some tombs, the Book of the Dead has also been found painted on the walls. One of the best examples of the Book of the Dead is "The Papyrus of Ani", created around 1240 BC. In addition to the texts themselves, it also contains many pictures of Ani and his wife on their journey through the land of the dead.