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While debt sometimes provides the ability to build other income-earning assets, it is important that countries move away from financing consumptive expenditure using debt.
Jindal (India) has submitted a debt resolution plan for Future Enterprises under the Insolvency and Bankruptcy Code (IBC) process. The company will be against Reliance Retail, which has sought time till October 30 to decide if it wants to bid for Future Enterprises.
He said the disinformation and misinformation campaign against the EOM has been extended to the EU.
The European Union (EU) has delivered a significant blow by suggesting the possibility of withdrawing its support for Zimbabwe's Arrears Clearance and Debt Reso...
THE European Union (EU) has delivered a significant blow by suggesting the possibility of withdrawing its support for Zimbabwe's Arrears Clearance and Debt Resolution process in light of the country's contested elections. Recently, the EU withdrew the $5.8 million it had provided to the Zimbabwe Electoral Commission to facilitate the election process. Back in February,…