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World
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Region
3/30/2021 10:01:41 AM
A government priority is to push through a debt law that would allow Kuwait to tap international markets to strengthen finances hit by low oil prices and the coronavirus pandemic
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Business
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Economy
3/29/2021 5:20:25 PM
Rising leverage could increase risks to financial stability and pose a challenge to policymakers in the post–COVID-19 phase, according to the report
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World
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Region
3/23/2021 9:01:00 PM
'We have a debt towards Libya and the Libyans for a decade of disorder,' said Macron, adding that regional stability would be impossible without peace in Libya.
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World
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Region
3/23/2021 5:42:27 PM
The lira slumped as much as 15% after the move, stocks dived and yields on government debt jumped, piling pressure on the credit-fuelled emerging economy which has been prone to booms and busts during Erdogan's 18 years in power
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Business
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Economy
3/15/2021 12:04:54 PM
The new financial strategy is meant to decrease public debt to GDP ratio to about 70 percent over the coming four years
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Egypt
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Politics
3/14/2021 11:45:00 PM
Governor of the CBE said that 320,000 farmers have had their debts written off, adding that these debts totaled around EGP 660 million
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Business
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Economy
3/11/2021 11:30:48 AM
Likewise, Egypt’s short-term external debt jumped by 9.8 percent to reach $12.3 billion in the same period, up from $11.2 by the end of December 2019
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World
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Region
3/8/2021 9:46:37 AM
Among the public firms edging towards life support are national carrier Tunisair and a phosphate giant that is one of Tunisia's top employers
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World
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Region
3/1/2021 4:55:03 PM
Kuwait is facing a liquidity squeeze because of a standoff between government and parliament over the public debt law
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World
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Region
2/21/2021 12:23:50 PM
The change aims to help Sudan overcome a crippling economic crisis during a fragile political transition, and access international debt relief following an International Monetary Fund monitoring programme
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World
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Africa
2/13/2021 2:12:39 PM
'Exacerbated by the effects of the COVID-19 pandemic, Ethiopia's structurally weak external balance sheet has deteriorated further, in our view,' S&P Global Ratings said
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Business
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Economy
2/4/2021 2:08:23 PM
Egypt’s medium-term strategy will reduce public debt over four years, the director of the IMF’s Middle East and Central Asia department said
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World
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Region
2/3/2021 9:31:07 PM
The country was already in financial meltdown before the pandemic struck, with national debt spiralling, unemployment high and a tumbling currency stoking inflation
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Business
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Economy
2/1/2021 5:07:35 PM
Egypt’s income tax revenues increased to exceed 250 percent between FY 2014/2015 and FY2019/2020, while value-added tax revenues jumped by 200 percent during the same period
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Business
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Economy
1/31/2021 6:48:49 PM
DFin Holding is licensed and regulated by the FRA with the objective of building the first of its kind platform of digital financial services across affiliated startups
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World
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Africa
1/29/2021 4:20:47 PM
Chad became on Wednesday the first country to officially request a debt restructuring under the new framework agreed last year by China and other creditor countries in the Group of 20 economic powers
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Business
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Economy
1/28/2021 3:43:59 PM
The coronavirus is the top fiscal risk, followed by an expected increase in commodities' prices and sovereign borrowing costs, Mauro said
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Business
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Economy
1/28/2021 3:12:46 PM
The IMF projects deficits to hover around -13.3% in advanced economies, -10.3% in emerging markets, and -5.7% in developing countries
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World
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International
1/18/2021 9:44:24 PM
Greece, Spain and Italy all share towering debt levels but, to make matters worse, they are also service-based economies highly dependent on tourism that has ground to a halt because of the pandemic
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Business
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Economy
1/18/2021 9:07:09 PM
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