BBCNEWS World Business Report June 4, 2024 04:49:00
The central bank had diversify the location of its reserves for example, so not all of its reserves are frozen. the banking system has gone through a lot of stress testing over the last several years so the banks are certainly a lot more resilient, and the government has greatly improved its balance sheet, it had built up a significant amount of financial reserves and that is very low. sovereign external debt is only 3% of gdp and also the budget has been adapted, free sanctions in 2013, the budget needed $115 per barrel average to balance, whereas last year it balanced about $50 or 55, so in ...
Source: archive.org
