Friday, 05 February 2021 - 13:17
The Central Bank has confirmed that it has fully settled the USD 400 million loan obtained under the Swap facility from India.
There is no truth to the story that India has called for a settlement of the US $ 400 million currency swap after the Sri Lankan government decision reneging on the 2019 agreement with India on the development of the East Coast Terminal (ECT) of the Colombo Port.
The Central Bank of Sri Lanka (CBSL) and the Reserve Bank of India (RBI) entered into a currency swap agreement on 24th July 2020 under the Framework on Currency Swap Arrangement for South Asian Association for Regional Cooperation (SAARC) countries for 2019 - 2022.
Wirtschaft Wirtschaft in der Corona-Krise Was Führungsfrauen im Jahr 2021 bewegt Nachrichten der Ortenau bo.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bo.de Daily Mail and Mail on Sunday newspapers.
Poverty reduction journey facing economic slowdown
Islamabad
February 4, 2021
Islamabad : Pakistan’s impressive journey to reduce poverty in the last two decades is currently facing the risk of a protracted economic slowdown, or worse, a reversal in development gains due to the impact of COVID-19.
This was stated in a detailed report on ‘Covid-19 and Disaster Vulnerability in Pakistan: A Human Rights Based Analysis’ launched by the Ministry of Human Rights (MoHR) in collaboration with the United Nations Development Programme (UNDP) Pakistan, on Wednesday.
The report terms Pakistan government’s health response to a global pandemic as impressive. “However, the unprecedented nature of the virus and Pakistan’s historic weaknesses in the health sector have highlighted some areas that require considerations through a human-rights lens,” it mentions adding that strengthening Pakistan’s health system requires a strategic reorganization of healthcare delivery consistent
Consumption, healthy SMEs vital for 2021 growth By ZHANG YUE | China Daily | Updated: 2021-02-04 08:56 Share CLOSE Technicians work at a small company that makes teaching equipment in Cangzhou, Hebei province. FU XINCHUN/FOR CHINA DAILY
China s growth prospects for this year will hinge largely on the continuation of policies to boost consumption and the better recovery of small and medium-sized enterprises, experts said.
Chen Changsheng, director-general of the department of macroeconomic research at the Development Research Center of the State Council, said in a recent interview that China could achieve its economic growth targets for last year due to the prompt actions taken to contain the COVID-19 pandemic and its market-friendly policies.
Hailing him for his policy accomplishments in both foreign relations and economic achievements, former President Donald Trump s economic adviser Larry Kudlow called his ex-boss a brilliant, consequential president.