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Indonesia’s state-owned construction company Waskita Karya is due to make a bigger loss of nearly 4 trillion rupiah (US$243 million)
Tutor Perini has deleveraged its balance sheet by US$430 million over the past year
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Loans that demand natural resources in return for money to fund infrastructure and construction projects are a “disaster” for Africa and countries on the continent should stop taking them, argue the IMF and African Development Bank.