Tuesday 29 July 2014
 
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public debt

Bahrain needs to cut public debt urgently: IMF

Bahrain, which last year boosted state spending, urgently needs to reform its economy to stop its debt burden becoming unsustainable, the International Monetary Fund said. Bahrain upped its original 2012 expenditure plan by nearly

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Bahrain needs to cut public debt urgently: IMF

Bahrain, which last year boosted state spending, urgently needs to reform its economy to stop its debt burden becoming unsustainable, the International Monetary Fund said. Bahrain upped its original 2012 expenditure plan by nearly

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G20 mulls cutting debt to below 90pc of GDP

  Financial leaders of the world's 20 biggest economies will consider next week in Washington a proposal to cut their public debt over the longer term to well below 90 percent of gross domestic product, a document prepared fo

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Bahrain mulls move to slash public debts

Bahrain’s Cabinet yesterday discussed plans to slash public debts and rationalise government expenditure within a time frame. HRH Prime Minister Prince Khalifa bin Salman Al Khalifa chaired the weekly session at Gudaibiya Pa

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Cut luxury spending, urges Bahrain PM

Bahrain’s Premier yesterday called for more government efficiency to reduce public debt and budget deficit, saying that they must be kept at manageable levels to protect the Kingdom’s economy and maintain confidence in it.

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Lebanon public debt to hit $59bn in 2011

Lebanon's public debt is expected to rise to between $58 billion and $59 billion by the end of 2011, Finance Minister Mohammed Safadi said on Friday, compared with $52.6 billion at mid-year. Safadi's estimate, given to reporters at

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Mideast public debt markets 'are robust'

The regional public debt markets have continued to be reasonably robust in the first quarter of the year, according to a report by international professional services organisation PwC. Some sizeable issuances placed include, among others,

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UAE assembly approves public debt law

The United Arab Emirate's national assembly passed a new public debt law on Tuesday, marking a key step toward the issuance of the country's first sovereign bond. The law was approved by the Federal National Council, a parliamentar

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Lebanon debt may surge to $47bn

Lebanon's public debt last year is expected to have reached $47 billion, the country's finance minister Mohammad Chatah said. Lebanon's gross public debt stood at around $45.65 billion at the end of September last year, the min

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