TEXT-S&P afrms Lebanon 'B/B' rtgs;otlk stbl - Reuters

TEXT-S&P afrms Lebanon 'B/B' rtgs;otlk stbl
Reuters
The stable outlook balances our view of Lebanon's political risks, high level of government debt, and extensive dollarization against its level of economic development and international reserves. Standard & Poor's Ratings Services said today that it ...

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TEXT-S&P affirms 'BBB/A-3' ratings on Bahrain; outlook negative - Reuters

TEXT-S&P affirms 'BBB/A-3' ratings on Bahrain; outlook negative
Reuters
Dollarization and the currency peg to the US limit monetary flexibility, but persistent current account surpluses have maintained a net external asset position. The political unrest has raised cross-border funding costs for domestic institutions, ...

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Citi: Lebanon's economy could suffer if Syria situation worsens - The Daily Star


The Daily Star
Citi: Lebanon's economy could suffer if Syria situation worsens
The Daily Star
Dollarization, a possible indicator of eroding confidence in the Lebanese pound, has remained broadly flat in recent months. “Moreover, deposit growth and, in particular, non-resident deposit growth, remain strong, at a yearly rate of 7 percent and 17 ...

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IMF Executive Board Concludes 2011 Article IV Consultation with Democratic ... - Afribiz.info

IMF Executive Board Concludes 2011 Article IV Consultation with Democratic ...
Afribiz.info
They urged continued vigilance toward risks stemming from rapid credit growth, high dollarization, and economic and financial developments in Europe. They supported ongoing efforts to strengthen the Anti-Money Laundering and Combating the Financing of ...

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Is the Banking Sector Really Safe and Sound? - AllAfrica.com

Is the Banking Sector Really Safe and Sound?
AllAfrica.com
Not surprising, since most companies had to recapitalise after dollarization and the only option was through debt as cheaper routes like rights issues failed to get support from shareholders. This has resulted in huge finance charges.

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Republic of Lebanon 'B/B' ratings affirmed - Zawya (registration)

Republic of Lebanon 'B/B' ratings affirmed
Zawya (registration)
The stable outlook balances our view of Lebanon's political risks, high level of government debt, and extensive dollarization against its level of economic development and international reserves. LONDON (Standard & Poor's): Standard & Poor's Ratings ...

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Small-scale farmers to feed the nation - The Zimbabwean


The Zimbabwean
Small-scale farmers to feed the nation
The Zimbabwean
Before the dollarization of the economy, people found it almost impossible to keep pace with rising food prices. The massive reduction in food being produced from the commercial farms meant a greater reliance on imported food stuffs which the ...

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