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In 1996 it bought Paraguay's bankrupt state airline, and restored it to profit.
Bankrupt state governments have no cash to invest in education, health and rural development.
Some funds served to prop up bankrupt state enterprises and the legions of workers who depended upon them.
This proposal essentially lures money from private-sector workers and companies into the bankrupt state pension systems.
Tendai Biti, the MDC finance minister, is forecasting 6%.But the bankrupt state is still struggling to make ends meet.
In Ireland the collapse of the banks bankrupted the state; in Greece the bankrupt state wrecked the banks.
Similar(18)
Efforts to reform bankrupt state-owned enterprises are creating unemployment.
Then he and a veterinarian named Zhang Huaicheng took over a bankrupt state-owned chicken farm.
China's real political constituencies are its wildly inefficient, often bankrupt state-owned enterprises.
In 1994 he started making motorcycles, transforming a bankrupt state-owned manufacturer into one of China's biggest private firms.
Soon afterward his government approved the merger of the bankrupt state-owned Reconstruction Bank with the private Golomt Bank.
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CEO of Professional Science Editing for Scientists @ prosciediting.com