UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
- South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite difficulties managing debts backed by oil reserves.
- The deal with Hamad Bin Khalifa Department of Projects would be South Sudan's largest oil-backed loan, according to UN experts.
- Servicing the loan may tie up a significant portion of South Sudan's revenue for many years, with 70% allocated to infrastructure projects.
14 Articles
14 Articles
South Sudan Nears $13 Billion Oil-Backed Loan Deal with UAE Firm: UN Experts
South Sudan Nears $13 Billion Oil-Backed Loan Deal with UAE Firm: UN Experts UN experts say South Sudan is close to securing a USD 13 billion loan from a company in the United Arab Emirates, despite the oil-rich country's difficulties in managing debts backed by its oil reserves.The panel of experts said in a report to the UN Security Council that loan documents it has seen indicate the deal with the company, Hamad Bin Khalifa Department of Pro…
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country's difficulties in managing debts backed by its oil reserves.
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
By EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserves. The panel of experts says in a report to the U.N. Security Council that loan documents it has seen indicate that the deal would be South Sudan’s largest-ever oil-backed loan. The experts …
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
By EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserves. The panel of experts says in a report to the U.N. Security Council that loan documents it has seen indicate that the deal would be South Sudan’s largest-ever oil-backed loan. The experts …
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
By EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserves. The panel of experts says in a report to the U.N. Security Council that loan documents it has seen indicate that the deal would be South Sudan’s largest-ever oil-backed loan. The experts …
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserves.
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