Parliament raises red flag on govt money lender
The House Committee on National Economy has equated some of the government’s borrowing at commercial rates to clear loan obligations to a “Ponzi scheme”
Source: monitor.co.ug
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Parliament raises red flag on govt moneylender
The House Committee on National Economy has equated some of the government’s borrowing at commercial rates to clear loan obligations to a “Ponzi scheme”
Source: monitor.co.ug
IMF Board Approves $15.6 bn Ukraine Loan Package
The International Monetary Fund said on Friday its executive board approved a four-year $15.6 billion loan program for Ukraine, part of a broader $115 billion international support package to help the country meet urgent funding needs. The decision clears the way for an immediate disbursement of about $2.7 billion to Kyiv.
Source: news18.com
G20 should come forward to bail out poor countries from impending crisis
It is disturbing that Pak, Sri Lanka and Bangladesh have sought IMF loans to tide over their economic crisis
Source: thehansindia.com
Carry out necessary reforms | The Daily Star
IMF loan cannot be the only factor behind much-needed structural changes
Source: thedailystar.net