Sentences with phrase «dollar shortage»

The government increased petrol prices by 67 percent to 145 naira in 2016 to cut subsidies paid for fuel imports after a plunge in oil prices hit state revenues, caused dollar shortages and halted infrastructure projects with firms laying off tens of thousands of workers.

Maduro says the Petro will have a «great impact» on how Venezuela accesses foreign currencies and obtains goods and services from around the world — a reference to the country's dollar shortage as a result of sanctions imposed by the U.S..

Nigeria has suffered from dollar shortages and falling commodity prices that have affected Africa's major crude exporters.

According to the vice president for regulatory affairs at Etisalat Nigeria, Ibrahim Dikko, said Etisalat missed payments due to the economic downturn in Nigeria, a currency devaluation and dollar shortages on the country's interbank market.

The dollar shortage has stifled business activity and hit confidence in the Egyptian economy.

Even in the 1950s and 1960s, when international capital flows were much smaller, and did not drive trade flows to nearly the same extent, capital flows very often constrained trade flows — most famously the «dollar shortage», which was only relieved by the Marshall Plan.

The dollar shortages have made it difficult for local companies to get access to foreign currency and as a result some have struggled to repay dollar - denominated debts with several lenders having restructured loans to oil firms.

I was able to change that to a two thousand dollar shortage, at a 1.35 %.