Dubai Expo 2020: After euphoria comes the question ‘how to pay for it?’ | The National:
"Dubai’s World Expo 2020 victory is focusing attention on the emirate’s debt – estimated by one bank to be around US$103 billion – as it is expected to renew borrowing to fund projects linked to the event.
The Dubai Government has hinted that a sizeable chunk of the funding for the exhibition is likely to come from borrowing, either directly or from its stable of state-linked firms.
As much as $43bn in infrastructure projects would need to be developed in preparation for the event, Deutsche Bank estimated in a report released last week."
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