Finance:SIMIC
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Revision as of 23:29, 27 December 2020 by imported>JOpenQuest (fix)
In macroeconomics, SIMIC stands for Severely Indebted Middle Income Country. This was defined by the World Bank in 2004 as a country with an annual income of between $736 and $9,075 per capita, a debt/GNI ratio of at least 80%, and a debt/export ratio of at least 220%.[1]
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