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Saudi capital spending allocations are on the rise

Location:

SAUDI ARABIA

However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…

EU's Africa framework will focus on global competition

Location:

AFRICA/EU

EU-Africa development framework.

Zambia debt crisis faces imminent tipping point

Location:

ZAMBIA

President Edgar Lungu and his Patriotic Front (PF) government are increasingly struggling to mobilise resources to meet repayments amid continued high public spending. Meanwhile…

Economic plans may not stir South African government

Location:

SOUTH AFRICA

Amid a surge of COVID-19 infections, however, the government appears focused on the health rather than the economic aspects of the crisis.

Sri Lanka faces several obstacles in debt talks

Location:

SRI LANKA

Sri Lanka must attend to debt restructuring as part of its four-year, USD3bn bailout programme with the Fund. The Fund’s Executive Board approved the bailout in March, roughly ten…

Sri Lanka move on domestic debt will be of limited use

Location:

SRI LANKA

Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…

Oil prices will squeeze Russian budget spending

Location:

RUSSIA

The government's scramble to revise its budget.

Cheap oil will increase Middle East debt issuances

Location:

MIDDLE EAST

This, with his recently acquired Beltone Financial Holding SAE, will create Egypt's second largest investment bank. Yet the profitability of the Middle East and North Africa…