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Undeniable Insolvency in the GDB
The bank has been virtually inoperable for two years due to the lack of payments from the government itself
Archival note
This content was published more than 8 years ago.
The bank has been virtually inoperable for two years due to the lack of payments from the government itself
The outgoing president of the Government Development Bank (GDB), Melba Acosta Febo, pointed out that the financial institution's insolvency justifies the debt renegotiation processes pursued by the former fiscal agent.
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