Ohio Lawmakers Need to Put More Debt Relief Options on the Table – Buckeye Institute

During the pandemic, The Buckeye Institute has proposed a number of commonsense policy solutions that have helped keep businesses open, helped keep Ohioans healthy, and have helped families put food on the table. Unfortunately, during these trying times, crushing debt has added to the struggles of thousands of Ohioans. While a variety of government programs…

BoT adopts targeted debt relief measures, not broad-based, for SMEs – bangkokpost.com

BoT adopts targeted debt relief measures, not broad-based, for SMEs Measures pushed to next June for firms that have not fully recovered Roong Mallikamas, assistant governor for financial stability and corporate strategy group, Bank of Thailand. The Bank of Thailand has implemented targeted debt moratorium measures, scheduled to end next June, for small and medium-sized…

IMF chief says ‘much more decisive’ action needed to deal with debt problems – Reuters

By Andrea Shalal 3 Min Read WASHINGTON (Reuters) – The head of the International Monetary Fund on Sunday called for significant steps to address the increasingly unsustainable debt burdens of some countries, urging creditors and debtors to start restructuring processes sooner rather than later. Slideshow ( 2 images ) IMF Managing Director Kristalina Georgieva said…

World Bank says financial crisis likely from pandemic, China not fully committed to debt relief – Nairametrics

The World Bank has warned that the coronavirus outbreak is turning into a major economic crisis and could likely see the emergence of a financial crisis from the pandemic. This disclosure was made by the World Bank Chief Economist, Carmen Reinhart, during an interview with Bloomberg Television. Reinhart during the interview said, This did not…