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29/11/2013
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26/11/2013
Samoa's debt to hit 65 percent, World Bank forecasts
“The increase has been mainly due to rising loan-financed deficits after the 2009 tsunami,” the report reads.
“Moreover, although most debt has been engaged on highly concessional terms, this is not true in all cases.
Samoa's debt to hit 65 percent, World Bank forecasts Samoa’s debt to Gross Domestic Product (GDP) ratio is expected to hit the 65 percent mark in the next fiscal year.
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