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The Gaza war will worsen Jordan’s long-term debt risk

Location:

JORDAN

He was speaking at the signing ceremony for the first USD845mn grant bolstering the national budget, under a new agreement signed this year. The Gaza war has exacerbated concerns…

Egypt's external debt looms large

Location:

EGYPT

Meanwhile, the government is struggling with significant accumulated debt, including USD11.8bn that is scheduled to be repaid to the IMF over the next two years alone. The IMF…

Jordan’s debt levels are sustainable for the present

Location:

JORDAN

Despite a series of IMF programmes since 1989, public sector debt levels have climbed to worrying heights, driven by deficits on both fiscal and current account accounts. Jordan’s…

Lebanese debt default will deepen the economic crisis

Location:

LEBANON

LEBANON: Debt default will deepen the economic crisis

Iraq’s fiscal position will ease as war debt repaid

Location:

IRAQ

IRAQ: Fiscal position eases as war debt repaid

High oil prices improve Bahrain’s economic outlook

Location:

BAHRAIN

Bahrain’s economic prospects have improved dramatically following the surge in world commodity prices in recent months. Strong oil and aluminium revenues have boosted the fiscal…

Beirut will need IMF support, despite political costs

Location:

LEBANON

This followed the government’s decision to default, for the first time ever, on bonds maturing on March 9. There is a mounting controversy over whether to seek financial support…

Oman and Bahrain are the most vulnerable Gulf states

Location:

BAHRAIN/OMAN

Oman and Bahrain, already struggling with rising public debt levels and high fiscal deficits, are in the most exposed medium-term position.

Crisis will cut profits, add risks for Turkish banks

Location:

TURKEY

It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…

Turkey's economic policy shift is not worth the risks

Location:

TURKEY

The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…