OECD courts controversy with end to 95% financing

Region:

Middle East & Africa, Europe

Ralph Ivey

Commodities Editor

The OECD has ended a Common Line that increased the maximum available cover on export finance deals to 95%. Critics say that ECAs are abandoning developing market borrowers as indebtedness rises and concessional financing fades. Others say that better alternatives exist to improve affordability for borrowers.

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