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SIMIC - What does it mean?

Definition of 'SIMIC'

English

Acronym

(Acronym) (head)
  • (macroeconomics) Severely Indebted Middle Income Country .
    A country with an annual income of between $736 and $9,075 per capita, a debt ratio of at least 80%, and a debt/export ratio of at least 220%.

    • References

    * International Finance by Keith Pilbeam

    Similar to 'SIMIC'

    SUNWAC, SMMC, SMEAC, SMAC