Debt storm in MENA: Are Egypt and Tunisia the next Lebanon? ...Kuwait

A major debt crisis could be brewing in the Middle East region, threatening systematic default and economic collapse not seen since the start of the Lebanese financial crisis in 2019. Separate findings this month by both the IMF and Bloomberg economists have identified Egypt, Tunisia, Jordan and Bahrain as critically vulnerable countries that could default on their sovereign debt obligations, with potentially catastrophic implications for their economies and populations. A Bloomberg update this month on regular rankings of 60 emerging markets by sovereign debt vulnerability placed four Middle Eastern countries in the top quarter: Egypt (2nd), Tunisia (4th), Bahrain (11

Hence then, the article about debt storm in mena are egypt and tunisia the next lebanon was published today ( Friday 15/09/2023 - 06:36 PM ) and is available on The New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Debt storm in MENA: Are Egypt and Tunisia the next Lebanon? )

Also on site :

• North Korean operatives stole $2 billion last year—and financial firms are the next target
• A European central bank has signed a mega deal with a cloud service provider. The problem for Google, Microsoft and Amazon? It’s not with them 
• Jim Cramer’s top 10 things to watch in the stock market Thursday