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S&P Global: Dubai government debt continues to decline, no additional borrowing needed in the next three years.
①s&p global stated that the Dubai government will achieve a fiscal surplus from 2024 to 2027 and will not need additional debt financing; ②It is expected that by the end of this year, Dubai's total general government debt will decrease to $50 billion, with the debt-to-GDP ratio dropping from 70% in 2021 to 34%.
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