Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
- Creatore Discussione gionmorg
- Data di Inizio
Fabrib
Forumer storico
TUNIS (Reuters) - Tunisia will issue debt worth up to $3 billion this year and aims to roll over some existing credit arrangements while setting in train wider economic reforms, Finance Minister Ali Kooli told Reuters in an interview.
With a deficit estimated at 11.5% of gross domestic product last year and public debt at 90% of GDP, Tunisia plans reforms to cut its high public wage bill and subsidies and restructure poorly performing state-owned companies, Kooli said.
The COVID-19 pandemic, political infighting and ongoing protests over inequality have added to the pressure on the government, while foreign lenders and the powerful labour union have often made competing demands on reform.
“Our situation is tough, but it doesn’t mean that we aren’t in a position to pay salaries or reimburse our debt”, said Kooli, adding that Tunisia could comfortably meet repayments due in the first half of 2021.
Tunisia’s 2021 budget forecasts borrowing needs at 19.5 billion Tunisian dinars ($7.2 billion), including about $5 billion in foreign loans. It puts debt repayments due this year at 16 billion dinars, up from 11 billion dinars in 2
Kooli said Tunisia wants a new $1 billion loan guarantee arrangement from the United States, which he said could help it secure the $3 billion in bond issuance, the first time he has given that figure.
The government also hopes to reach agreement with the International Monetary Fund on a new financing programme, and he said recent Article IV consultations were a step towards that.
With a deficit estimated at 11.5% of gross domestic product last year and public debt at 90% of GDP, Tunisia plans reforms to cut its high public wage bill and subsidies and restructure poorly performing state-owned companies, Kooli said.
The COVID-19 pandemic, political infighting and ongoing protests over inequality have added to the pressure on the government, while foreign lenders and the powerful labour union have often made competing demands on reform.
“Our situation is tough, but it doesn’t mean that we aren’t in a position to pay salaries or reimburse our debt”, said Kooli, adding that Tunisia could comfortably meet repayments due in the first half of 2021.
Tunisia’s 2021 budget forecasts borrowing needs at 19.5 billion Tunisian dinars ($7.2 billion), including about $5 billion in foreign loans. It puts debt repayments due this year at 16 billion dinars, up from 11 billion dinars in 2
Kooli said Tunisia wants a new $1 billion loan guarantee arrangement from the United States, which he said could help it secure the $3 billion in bond issuance, the first time he has given that figure.
The government also hopes to reach agreement with the International Monetary Fund on a new financing programme, and he said recent Article IV consultations were a step towards that.
IL MARATONETA
Forumer storico
In questo giorno di "vacanza" o per meglio dire "degenza" fatto qualche acquisto:
Transocean us893830at68 a 39,62
Bahamas usp06518ae74 a 100
Apex tool usu0378vab81 a98,60
R-logitec de000a19wvn81 a 94,50
4-finance xs1417876163 a 97,35
Transocean us893830at68 a 39,62
Bahamas usp06518ae74 a 100
Apex tool usu0378vab81 a98,60
R-logitec de000a19wvn81 a 94,50
4-finance xs1417876163 a 97,35
Ultima modifica:
sandrino
Forumer storico
presente
Sto incasinato col lavoro (meno male)
Cedola Revlon regolarmente accreditata
Come stai Fabrizio ?
Fra41
Forumer storico
Caspita cedola 11,5 per 4finance?! Non lo conosco questo bond
fabriziof
Forumer storico
Bene grazie
fedro10
è la somma che fa il totale...
Goldwasser Exchange
iguanito
Forumer storico
Quasi quasi incremento un po'Goldwasser Exchange
www.oblis.be
fedro10
è la somma che fa il totale...
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