Chinese legislators on Thursday urged intensified efforts to keep local government debt under control, warning against potential default in the future. Legislators made the comments when attending a panel discussion of the ongoing ...
Tags: Local Gov't Debt
When the world was digesting news of Detroit’s bankruptcy in July, the biggest ever by a municipality in the US, attention in China turned to the highly indebted government of Jiangsu province. Provincial, city and county authorities ...
Tags: Bond Markets, Local Officials
,an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, ...
Tags: Iraq, Parliament, Maliki
The Iranian government is preparing the next solar year budget to submit to the Parliament but reportedly with significant difference from current year budget in details. According to the budget law, Iran is expected to sell USD 81 ...
Tags: Oil, Year Budget, budget law