CAI MENG/CHINA DAILY On Nov 8, the Standing Committee of the National People”s Congress approved an increase of 6 trillion yuan ($828 billion) in the local government special bond ceiling to replace outstanding hidden debt — or liabilities of local governments that are not officially recorded. The increase is designated for swapping outstanding implicit debts,…
New laws that will wipe hundreds of dollars from the university debts of millions of Australians have passed the Senate. The legislation will change how annual indexation charges on HECS-HELP debts are calculated. Currently, it’s based on the Consumer Price Index, which caused loans to surge by 7.1 per cent last year. New laws that…
After months of anticipation, the Federal Government’s changes to the HECS indexation rules have finally become law, passing through Parliament on Tuesday night. Under the new legislation, the annual indexation of student loans will be capped at the lower of either inflation or wage growth. This change, which takes effect retroactively from June 2023, will…
President-elect Donald Trump is unlikely to continue many of Biden’s student-debt relief efforts. Borrowers are still waiting for a final court decision on the SAVE student-loan repayment plan. Even if the plan survives the courts, Trump and GOP lawmakers could take steps to rein in relief. During his term as president, Joe Biden has used…
I became addicted to online gambling betting £150 per spin Devon Live Read the original article here
An online gambler who racked up almost £7,000 in debts is backing new gambling reforms from the Government. David Rixon, 22, started buying scratch cards aged 16 before turning to online casinos. His gambling became a problem when he was forced to take time off work after a mugging and motorbike accident. David spent his…
Sri Lanka debt relief US$8.4bn to August, banking system outflow $7.3bn EconomyNext Read the original article here
President-elect Donald Trump is unlikely to continue many of Biden’s student-debt relief efforts. Borrowers are still waiting for a final court decision on the SAVE student-loan repayment plan. Even if the plan survives the courts, Trump and GOP lawmakers could take steps to rein in relief. During his two terms as president, Joe Biden has…
EXCERPT: Edun and Cardoso are championing initiatives to ease debt burdens and foster financial integration across Africa. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Saturday mobilised their counterparts from the African Union (AU) to work…
Islamic Republic of Mauritania: Technical Assistance Project on Public Debt Projections: Scoping Mission Report International Monetary Fund Read the original article here