A top Dubai finance official said the emirate fully expected fallout from its debt problems and assured foreign creditors that Dubai World's request to postpone payment on some of its $60 billion in debt was "carefully planned."
Dubai World's debt freeze 'carefully planned'Courtesy Newsvine - business Fri, 11/27/2009 - 05:10
A top Dubai finance official said the emirate fully expected fallout from its debt problems and assured foreign creditors that Dubai World's request to postpone payment on some of its $60 billion in debt was "carefully planned." Related itemsDubai's Drydocks World gets $200M in financing
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