Word: debts
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Dates: during 1990-1999
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Obasanjo told the audience that the biggest problem facing Nigeria, and many other African countries, is an overwhelming international debt burden...
...This rating increase will be applicable right off the bat to $20 million in debt issued today," he said...
Continued economic diversification, tax base expansion, strong financial operations, a modest debt burden and a strong management team played important roles in the rating upgrade, according to a Standard & Poor's CreditWire report...
...Friday, Standard & Poor's assigned both Cambridge's $27.94 general obligation (GO) bonds and its $105.6 million outstanding GO debt its AAA rating, an upgrade from the city's previous AA+ GO debt rating...
...exuberance of Pakistanis was understandable. Their country is drowning in $32 billion of foreign debt, and Sharif had behaved like a petty tyrant. "People were so fed up," said former President Farooq Ahmad Khan Leghari. "They thought a weight had been taken off them...