Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings has stated in a recent report that also expected that Egypt’s bond sales [ More … ]
Saudi Arabia’s National Debt Management Centre (NDMC) said it has completed its 125 billion riyal ($33.3 billion) borrowing plan for 2021. Saudi Finance Minister and Chairman of the NDMC, Mohammed Bin Abdullah Al-Jadaan, announced that [ More … ]
Saudi finance minister says kingdom will also draw down up to $32bn from its reserves to finance deficit caused by twin crises Kingdom of Saudi Arabia (KSA) could be forced to borrow around $26bn more [ More … ]
A source from the Ministry of Finance revealed Egypt’s plan for early 2018 to return to the international financial markets and borrow $4bn to cover a budget deficit. The source told Bloomberg that the ministry [ More … ]
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