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How GCC can lower bond issuances

Fiscal consolidation in the GCC in 2016 will likely lower international bond issuance volumes by $6.4 billion (Dh23.51 billion) in 2017, while "still keeping them at historically high levels", Moody's Investor Service said. The ratings agency forecast smaller fiscal deficits in all GCC countries in 2017 compared with 2016, and…

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Click here to read the full story: Khaleej Times

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