Debt relief for developing nations must top agenda of forthcoming financing, development conference: Pakistan

– Advertisement – – Advertisement – – Advertisement – UNITED NATIONS, Mar 25 (APP): Pakistan has underscored the need for the world community to agree on providing debt relief for developing countries at the upcoming Fourth International Conference on Financing for Development (FFD4), as part of efforts to build a more just world. “Developing countries…

New Age | Pressure on debt management continues 

Representational image. Foreign loan pledges down 67.36pc in July-Feb The government has continued facing pressure regarding the external debt management in eight months (July-February) of the 2024-25 financial year. Economic Relations Division officials said that the pressure continued to be felt as both foreign loan commitments and disbursement were falling against…

Analysis: Resorthoppa brought low by…

Transfer provider Resorthoppa (UK) had been loss-making for years and only emerged from a corporate voluntary arrangement (CVA) last November before going into administration this month. However, the failure can be traced back to the collapse of Lowcost Travel Group in 2016 which left Resorthappa to write off a debt of £1.3 million. Resorthoppa (UK)…