In other words, deficit financing
has resulted in "too many South Sudanese pounds chasing too few dollars.
MEDIUM"We expect deficit financing
to erode Saudi Arabia's substantial buffers, a key support for its rating.
S&P believes that in these two countries, debt or Sukuk issuance are more likely as a source of deficit financing
than for other GCC members.
The government is now expected to issue debt as part of its deficit financing
strategy," it said.
This new financing strategy should reduce the pressure on foreign reserves as the main deficit financing
tool, Jadwa Investment said in its Quarterly Oil Market Update.
We believe that in these two countries, debt or sukuk issuance are more likely as a source of deficit financing
than for other GCC members," said Young.
But we do not expect this to be the only source of deficit financing
The European Commission has opened an in-depth investigation to ascertain whether specific deficit financing
measures granted by the Brussels public authorities only to the public IRIS hospitals in the Brussels Capital region and not to private hospitals in the region, are in line with EU state aid rules.
In the near term, large fiscal imbalances and debt structure weaknesses, coupled with a narrow tax base and heavy reliance on the banking system for deficit financing
will likely remain credit constraints.
Chidambaram had mentioned the current account deficit financing
needs of $75bn over a period of two years through foreign direct investment, FIIs or external commercial borrowings.
S&P added that it considered $86 million in capital revenue as "below-the-line" deficit financing
The deficit financing
bill, which would allow the government to sell bonds needed to fund almost half of the budget, has languished in parliament as the ruling Democratic Party tussles with opposition parties that can use their control of the upper house to reject legislation.