Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2 (4 lettori)

pietro17elettra

Nonno pensionato
Tunisia debts rises to $35 billion at end-February this year
24/05/2022 23:58 - RSF
TUNIS, May 24 (Reuters) - Tunisia's public debt rose to 106.3 billion dinars ($35 billion) by the end of February, up 10.5% from the same time last year, the finance ministry said on Tuesday.

Foreign debt reached 63.4 billion dinars at the end of February, while the country's internal debt was about 42.9 billion dinars, it added.

($1 = 3.0299 Tunisian dinars)

(Reporting By Tarek Amara; editing by Richard Pullin)
(([email protected];))
 

pietro17elettra

Nonno pensionato
EGITTO
* L'Egitto riceverà ulteriori $ 3 miliardi di finanziamenti dal ministro dell'ITFC ( notizie )

* Il ministro dell'approvvigionamento egiziano afferma che le riserve di grano strategiche sono sufficienti per 4,5 mesi

(Compilato dalla redazione di Dubai)
((dubai. [email protected]))
 

pietro17elettra

Nonno pensionato
Egypt to get additional $3 billion in financing from ITFC - minister
24/05/2022 17:03 - RSF
CAIRO, May 24 (Reuters) - Saudi Arabia-based International Islamic Trade Finance Corporation (ITFC) has doubled its credit limit to top wheat importer Egypt to $6 billion from $3 billion, Egypt's supply minister said in a TV interview.

The ITFC, a member of the Islamic Development Bank Group, increased its financing in an effort to help the North African country buy expensive wheat from abroad, Ali Moselhy.

"We have this so there's no pressure on the central bank to provide dollars," Moselhy told TV channel MBC late on Monday, adding that this funding would be used for both wheat and petroleum.

The ITFC could not immediately be reached for comment.

Egypt had signed a $3 billion agreement with ITFC in January 2018 to ensure dollars were available for the country's state grains buyer to use for payment at its international purchasing tenders.

The war in Ukraine has also left Egypt facing higher costs for its substantial wheat import needs as well as a loss in tourism revenue from Russian and Ukrainian visitors to Red Sea resorts. Russia and Ukraine are the main suppliers of wheat to Egypt, which is among the world's largest importers.

In March, Egypt devalued its currency after the invasion prompted foreign investors to pull billions of dollars out of Egyptian treasury markets, putting pressure on the currency.

The Central Bank of Egypt also raised its interest rates last week for a second time since the invasion, citing an increase in annual urban inflation to 13.1% in April, its highest since May 2019.

(Reporting by Sarah El Safty Editing by Tomasz Janowski)
(([email protected];))
 

Fabrib

Forumer storico
The Tunisian government hopes to start official negotiations in coming weeks with the International Monetary Fund for a $4 billion loan, its finance minister said, as the country suffers from its worst financial crisis.
Tunisia is seeking the loan to avoid public financial bankruptcy, but it would mean commiting to unpopular reforms, including freezing wages and cutting energy and food subsidies.
During the Davos conference in Switzerland this week, Tunisian Prime Minister Najla Bouden met IMF Managing Director Kristalina Georgieva.
"The Bouden and Georgieva meeting was fruitful and positive.. The meeting was about the government reform programme, which the fund described as promising", the finance minister Sihem Boughdiri told reporters. RTRS
 

m.m.f

Forumer storico
Egypt to get additional $3 billion in financing from ITFC - minister
24/05/2022 17:03 - RSF
CAIRO, May 24 (Reuters) - Saudi Arabia-based International Islamic Trade Finance Corporation (ITFC) has doubled its credit limit to top wheat importer Egypt to $6 billion from $3 billion, Egypt's supply minister said in a TV interview.

The ITFC, a member of the Islamic Development Bank Group, increased its financing in an effort to help the North African country buy expensive wheat from abroad, Ali Moselhy.

"We have this so there's no pressure on the central bank to provide dollars," Moselhy told TV channel MBC late on Monday, adding that this funding would be used for both wheat and petroleum.

The ITFC could not immediately be reached for comment.

Egypt had signed a $3 billion agreement with ITFC in January 2018 to ensure dollars were available for the country's state grains buyer to use for payment at its international purchasing tenders.

The war in Ukraine has also left Egypt facing higher costs for its substantial wheat import needs as well as a loss in tourism revenue from Russian and Ukrainian visitors to Red Sea resorts. Russia and Ukraine are the main suppliers of wheat to Egypt, which is among the world's largest importers.

In March, Egypt devalued its currency after the invasion prompted foreign investors to pull billions of dollars out of Egyptian treasury markets, putting pressure on the currency.

The Central Bank of Egypt also raised its interest rates last week for a second time since the invasion, citing an increase in annual urban inflation to 13.1% in April, its highest since May 2019.

(Reporting by Sarah El Safty Editing by Tomasz Janowski)
(([email protected];))


...altro debito ...avanti...
 

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