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Al-Ahram Weekly
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Economy
12/31/2020 9:26:00 AM
The government is overhauling its decades-long problem of ballooning public debt
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World
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Region
12/28/2020 5:19:22 PM
Iran has been unable to access billions of dollars in assets in several countries due to US sanctions
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Business
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Economy
12/27/2020 12:51:13 PM
Fitch Solutions expects debt in Gulf States to rise sharply as efforts are elevated globally to transition to a green economy
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World
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Region
12/14/2020 2:33:08 PM
A priority of the new gov’t will be to boost state coffers badly hit by the coronavirus crisis and low oil prices, including by trying to end legislative deadlock over a bill that would allow Kuwait to tap int’l debt markets
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Egypt
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Politics
12/13/2020 4:11:24 PM
This was achieved by re-allocating some unused land plots owned by the ministry to the companies’ creditors
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Business
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Economy
12/10/2020 5:20:14 PM
The Switzerland-based Bank of International Settlements is owned by 63 central banks of countries that together account for about 95 percent of world GDP
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Business
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Economy
11/29/2020 1:48:29 PM
The programme's third phase is worth €80 million and focuses on projects related to technical and vocational education and supporting job creation
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World
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Region
11/22/2020 4:29:50 PM
G20 leaders will pledge to "spare no effort" in ensuring the equitable distribution of coronavirus vaccines worldwide and reaffirm support for debt-laden poor countries
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Business
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Economy
11/11/2020 9:52:45 PM
The IMF said in a statement that COVID-19 has elevated the debt vulnerabilities in many countries, adding that low-income countries are witnessing changes in the credit landscape
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Business
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Economy
11/11/2020 3:45:23 PM
Mohamed Maait made his comments during his participation in a virtual event that kicked off Monday bringing together UK and Egyptian business representatives
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Business
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Economy
11/10/2020 5:45:03 PM
The report also unveiled that the government debt to GDP ratio is projected to increase by end of FY2020/2021 to reach 96 percent, up from 90.6 percent expected in October
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World
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Region
11/5/2020 5:27:41 PM
Lebanon's plight worsened after it defaulted on its huge foreign currency debt in March following years of financial engineering by the central bank to help fund the government
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Business
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Economy
11/3/2020 12:36:33 PM
The two sides discussed the possibility of launching a fourth phase of the debt swap program to reduce the burden of external debt and provide adequate financing for development projects
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World
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Region
10/24/2020 9:34:00 AM
The International Monetary Fund said U.S. government plans to remove Sudan from its list of state sponsors of terrorism would clear away one of the hurdles facing the heavily indebted African country as it seeks debt relief
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World
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Africa
10/22/2020 7:56:23 PM
The deal would include Israeli aid and investment, particularly in technology and agriculture. The Americans and Israelis also promised to talk to allies in the Gulf and the West to bring investment and debt relief to Sudan.
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Business
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Economy
10/17/2020 11:31:08 AM
The committee advised ensuring affordable energy access and energy security and addressing the challenges to economic and environmental vulnerabilities
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World
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International
10/15/2020 5:31:08 PM
During the meeting G20 finance ministers and central banker expressed commitment to continue working together to support the poorest countries to weather the COVID-19 crisis
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Business
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Economy
10/14/2020 2:44:39 PM
The ratio is expected to start declining as of 2022 to reach 87.8 percent, reaching 77 percent in 2025, according to the report
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Business
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Economy
10/14/2020 12:52:22 PM
Current debt threats in EMDEs arise mainly from debt architecture and the dominance of volatile debt forms, according to the study by Egypt’s Economic Research Forum
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Business
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Economy
10/14/2020 10:34:42 AM
Egypt’s Minister of International Cooperation Rania Al-Mashat, participated in the meeting, and raised the alarm about the pandemic’s impact on economies in Africa and the Middle East
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