Topic - Public Finance
EIB completes investment first
EU’s bank makes debut SME Eastern Partnership loan.
Jordan chooses banks for bond issue
JP Morgan, HSBC and Credit Suisse reported to be selected.
Barclays creates development agency offering
Le Goater heads new team to serve projects in Africa.
New development partnership for Africa
Institutions encourage private sector investment.
Emerging Europe braced for slow recovery
World Bank warns that region faces tough times in coming years.
Poland issues update on privatisation plans
Treasury raised almost PLN7bn through deals in 2009.
Turkey closes $2bn bond issue
Deal marks largest ever 30-year bond from an emerging markets sovereign.
Russia plans return to debt markets
Investment banks pitch for country’s first international bond in a decade.
Ukraine's IMF bailout in doubt
Fund says new wage law must be vetoed if next loan tranche is to be released.
Zuma appoints new central bank chief
South Africa’s president Jacob Zuma has named former deputy governor Gill Marcus as the new governor of the country’s central bank. Marcus will take over from Tito Mboweni in November.
Europe cuts support for US$32bn project in Turkey
European financing for a hydroelectric plant in Turkey was suspended on July 7 after Turkey failed to offer environmental protections in the area around the Tigris River where antiques from the Middle Ages will be flooded by the dam.
Poland sells US$2bn of dollar bonds
Poland is selling US$2bn of bonds in its first dollar bond in almost four years with Barclays Capital, Citigroup and HSBC as lead arrangers. On July 7, investors placed more orders than the government initially offered, prompting Poland to increase its sale by 25% from US$1.5bn.
Former finance minister becomes Latvia’s new prime minister
Latvia’s president has nominated former finance minister Valdis Dombrovskis as prime minister and asked him to form a new coalition government at the end of February.
New central bank governor named in Saudi Arabia
In February, the Saudi government named Muhammed Al-Jasser to be the new governor of the Saudi Arabian Monetary Agency (SAMA), the country’s central bank.
