抖阴短视频

LONDON: Debt sales across the Middle East and North Africa are expected to fall by 6 percent this year following a 30 percent decline in 2017, according to a report from a ratings agency.
Standard & Poor鈥檚 (S&P) expects government spending cuts and a firmer oil price to keep a lid on new debt.
The 13 MENA nations 鈥� including 抖阴短视频 鈥� rated by S&P are forecast to borrow around $181 billion this year, down $11 billion from 2017.
Egypt remains the largest borrower with $46.4 billion or 26 percent of the region鈥檚 gross commercial long-term borrowing, followed by Iraq at $35 billion or 19 percent of the total, and 抖阴短视频 at $31 billion or 17 percent of total borrowing.
鈥淲e expect MENA sovereigns鈥� absolute commercial debt will increase by $21 billion to about $764 billion at year-end 2018, up 3 percent from 2017,鈥� the ratings agency said in a statement.
S&P also projects that government debt rated in the 鈥淎A鈥� category 鈥� which includes Abu Dhabi and Kuwait 鈥� will account for 19 percent of total debt, up from 16 percent in 2017.
The share of 鈥淎鈥� category debt will rise to about 20 percent of total regional debt. S&P noted that no MENA sovereigns are rated 鈥淎AA.鈥�
Sharp oil price declines in 2014 and 2015 resulted in a 鈥渟ignificant widening of GCC fiscal deficits,鈥� according to S&P.
The S&P Global Ratings report stated that 鈥渋n recent years, GCC sovereigns have implemented fiscal consolidation measures to cut government spending and increase non-oil government revenues. We expect regional fiscal deficits to moderate as a result, while the modest recovery in oil price of late should boost government revenues.鈥�