Sentences with phrase «debt quagmire»

Not exact matches

While developed markets flounder in a post-crisis quagmire of sovereign debt, developing markets are enjoying much better times — and private equity investors have taken note.

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

But, and perhaps, the NPP government and functionaries, trapped in a quagmire following President Akufo Addo's «decree» of «no more purchase of new official cars» and also, the fear of looming judgment debt; find themselves torn between the devil and the deep blue sea, The aL - hAJJ can today confirm.

«Japan might become a victim of funding» quagmires, especially with a prolonged recession that has lasted more than 20 years and a soaring national debt, he says.

If you're bogged down in a quagmire of debt, it may be difficult to find the best way out.