IL MARATONETA
Forumer storico
Hai ragione, XS1308300059 cedola 8,50% è in sterline
Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
- Creatore Discussione gionmorg
- Data di Inizio
mikim
Forumer attivo
anche la 11% 2023 è in sterline
Fabrib
Forumer storico
BEIRUT (Reuters) - Lebanon’s parliament passed a “reforming” 2019 state budget on Friday, Prime Minister Saad al-Hariri said, without giving details on its deficit target as his coalition government seeks to bring the public debt under control. Lebanese Prime Minister-designate Saad al-Hariri speaks during a news conference in Beirut, Lebanon, November 13, 2018. REUTERS/Mohamed Azakir/File Photo
The budget is seen as a critical test of Lebanon’s ability to address years of economic mismanagement and corruption that have led it to build up one of the world’s heaviest public debt burdens, equivalent to about 150% of GDP.
“This is a reforming budget and it was difficult,” Hariri said after three days of parliamentary debate on the budget, adding that passing it was an achievement.
Finance Minister Ali Hassan Khalil said passage of the budget was a message to the international community, including credit rating agencies.
However, details of the final budget, including the deficit target, were not released. Hariri said details would be issued on Saturday or Monday.
The budget plan the government originally proposed to parliament envisaged cutting the deficit to 7.6% of gross domestic product (GDP) from 11.5% in 2018, but parliament’s budget committee said last week it aimed to cut it to 6.6%.
The International Monetary Fund (IMF) has called into question even the government’s 7.6% target, estimating that its initial budget plan would in fact have produced a deficit of about 9.75% of GDP.
Budget proposals have included both cuts in spending and increases in revenue, particularly from higher tax on interest. The measures have sparked opposition among some groups.
Army veterans tussled with security forces in the streets around the parliament on Friday as they attempted to barge through a cordon to protest against any cuts to their benefits in the budget.
In a sign of the political difficulties in cutting spending, Defence Minister Elias Bou Saab said proposed cuts in benefits and pensions for military personnel would be reduced.
The government’s biggest expenses are debt financing, public sector pay and subsidies to the country’s electricity provider. It passed a plan this year to resolve its expensive electricity crisis.
Finance Minister Khalil has also said the government plans to shave some $660 million from debt servicing costs through issuing low interest treasury bills.
The budget is seen as a critical test of Lebanon’s ability to address years of economic mismanagement and corruption that have led it to build up one of the world’s heaviest public debt burdens, equivalent to about 150% of GDP.
“This is a reforming budget and it was difficult,” Hariri said after three days of parliamentary debate on the budget, adding that passing it was an achievement.
Finance Minister Ali Hassan Khalil said passage of the budget was a message to the international community, including credit rating agencies.
However, details of the final budget, including the deficit target, were not released. Hariri said details would be issued on Saturday or Monday.
The budget plan the government originally proposed to parliament envisaged cutting the deficit to 7.6% of gross domestic product (GDP) from 11.5% in 2018, but parliament’s budget committee said last week it aimed to cut it to 6.6%.
The International Monetary Fund (IMF) has called into question even the government’s 7.6% target, estimating that its initial budget plan would in fact have produced a deficit of about 9.75% of GDP.
Budget proposals have included both cuts in spending and increases in revenue, particularly from higher tax on interest. The measures have sparked opposition among some groups.
Army veterans tussled with security forces in the streets around the parliament on Friday as they attempted to barge through a cordon to protest against any cuts to their benefits in the budget.
In a sign of the political difficulties in cutting spending, Defence Minister Elias Bou Saab said proposed cuts in benefits and pensions for military personnel would be reduced.
The government’s biggest expenses are debt financing, public sector pay and subsidies to the country’s electricity provider. It passed a plan this year to resolve its expensive electricity crisis.
Finance Minister Khalil has also said the government plans to shave some $660 million from debt servicing costs through issuing low interest treasury bills.
Fabrib
Forumer storico
- J.C. Penney (NYSE:JCP) says it hasn't hired any advisers to prepare for an in-court restructuring or bankruptcy.
- The statement comes after Reuters reported that J.C. Penney is in talks with advisers on debt restructuring options.
- JCP closed down 17% at $0.90 Friday; shares rose 2.6% $0.92 in after-hours trading.
- The company said it routinely hires external advisers to evaluate opportunities.
- "We have no significant debt maturities coming due in the near term, and we continue to maintain a strong liquidity position," the company said in a statement.
Wallygo
Forumer storico
non pensavo che anche la reuters 'giocasse in borsa'
NoWay
It's time to play the game
non pensavo che anche la reuters 'giocasse in borsa'
Saranno contenti gli azionisti di J.C. Penney...
gukko
Forumer attivo
non pensavo che anche la reuters 'giocasse in borsa'
Fa anche altre cose...e non proprio edificanti.
bia06
Listen other's viewpoint avoid conflicts & wars.
Ciao, in attesa all'aeroporto....ho dato uno sguardo ai conti ultimi disponibili.
I volumi sono in aumento ma la marginalita' e' scarsa (risultato netto e' negativo ed in pesante peggioramento dal Q1 2018) e la generazione di cassa debole (dato strutturale, anche nel 2018).
Dipende molto dal pf a disposizione, certo e' chi e' cassettista a rischio medio a meno di avere pf superiori ai 5m di Euro questa con tagli 100k (se ho capito dai post precedenti sono tutti tagli 100k) si fa fatica a considerarla.
I volumi sono in aumento ma la marginalita' e' scarsa (risultato netto e' negativo ed in pesante peggioramento dal Q1 2018) e la generazione di cassa debole (dato strutturale, anche nel 2018).
Dipende molto dal pf a disposizione, certo e' chi e' cassettista a rischio medio a meno di avere pf superiori ai 5m di Euro questa con tagli 100k (se ho capito dai post precedenti sono tutti tagli 100k) si fa fatica a considerarla.
Cina, la grande fuga delle multinazionali dai dazi americani
Posto questo link che ritengo interessante ,oltre che per i contenuti in generale , in particolare i riferimenti al mercato edilizio commerciale in Cina
Di cui fantasia holding è attore attivo
