This revision will also depend on a sustainable improvement in Tunisia's current account deficit, leading to lower external financing needs and stronger international liquidity
buffers, said the rating agency.
The international liquidity
ratio has fallen to 70% in 2018 from over 100% in prior years, as short-term debt and non-resident holdings of local securities have risen while central bank reserves have stayed flat.
"Changes in domestic and international liquidity
conditions could present challenges for sovereign issuance and tilt the financing balance toward assets from debt, or increase debt-servicing costs, as is particularly the case in Bahrain (where interest payments account for 23 percent of government revenue)," said S&P.
The UAE's finance ministry has announced a public debt law permitting the federal government to begin issuing sovereign debt and help the banking sector meet international liquidity
rules, according to local newswire, WAM .
We have world organisations like the International Bank for Reconstruction and Development, the International Monetary Fund, and the General Agreement on Tariffs and Trade, to mention the principal ones, which are established for the purposes respectively of providing capital for development, facilitating international liquidity
, and promoting the gradual elimination of all artificial barriers to international trade.
The first volume contains country tables for most International Monetary Fund members, along with other countries, detailing statistics related to exchange rates, Fund position, international liquidity
, monetary statistics, interest rates, prices, production, labor, international transactions, government accounts, national accounts, and population from 2007 to 2017, along with world tables listing data on Fund accounts, international reserves, international trade, consumer prices, values of exports and imports, and other data.
This year theprivate sector will be building on this change and domestic and international liquidity
. What are your suggestions for the government to have successful IPOs?
The essential difference from the traditional approach is that the US's creditworthiness, which is responsible for underwriting international liquidity
, is now backed by fiscal capacity rather than gold.
Sukuk market activity is also supported by specialised multilateral entities, such as quasi-sovereigns, central banks and supranational entities, including the Islamic Development Bank (IDB), the International Liquidity
Management Corporation (IILM) and the Arab Petroleum Investments Corporation (APICORP).
progressively loses its fiscal capacity to satisfy the rest of the world's demand for international liquidity
[ie demand for U.S.
Prior to the inaugural ceremony, BSE CEO Ashish Kumar Chouhan, while performing the ceremonious Laxmi Puja here had said that India is in a "sweet spot", adding that the current rally is to do with India's internal circumstances, and international liquidity