MILIC

AcronymDefinition
MILICModerately Indebted Low Income Country
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But for this unusual year, when Pakistan could be described as a SILIC, the average picture portrayed her as MILIC.
To be a MILIC, one of the two ratios must exceed 60 percent of the critical value [World Bank (1992)].
In effect, a MILIC country would have to average a PV/GNP ratio of above 48 percent or PV/foreign exchange earnings ratio of above 132 percent.
The debt of the nation
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