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Article: Foreign investment, remittances outpace debt as sources of finance for developing countries -- World Bank -- Middle East and North Africa; Capital flows to Middle East and North Africa modest, region remains affected by geopolitics.
- Article from:
- M2 Presswire
- Article date:
- April 3, 2003
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M2 PRESSWIRE-3 April 2003-WORLD BANK GROUP: Foreign investment, remittances outpace debt as sources of finance for developing countries -- World Bank -- Middle East and North Africa; Capital flows to Middle East and North Africa modest, region remains affected by geopolitics(C)1994-2003 M2 COMMUNICATIONS LTD
RDATE:04022003
WASHINGTON -- Foreign direct investment and migrant workers sending part of their paycheck back home have become more important sources of finance for developing countries than private lending. In 2002 payments on private debt were again larger than new loans, so private debt flows were a net negative for developing countries, ...
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