Mumbai Metro One, which operates the Versova-Andheri-Ghatkopar corridor, has received a major financial lifeline after signing a debt restructuring agreement that will reduce its debt by more than Rs 1,100 crore. Insolvency proceedings against the company will also be withdrawn. Mumbai Metro One Private Limited (MMOPL) has signed a debt restructuring agreement with the government-backed…
New research released today by the UNESCO Global Education Monitoring Report on the occasion of the Transforming Education Summit (TES + 4) highlights a continued decline in international aid to education, with a decrease by 8% in 2024 compared with the previous year, while aid to basic education (comprising only pre-school, primary and lower secondary levels)…
Customers whose municipal account disputes were still being investigated when eThekwini’s Special Debt Relief Programme closed earlier this year have been given a second chance to benefit after the programme was reinstated. The eThekwini Municipality’s Full Council has approved the reinstatement of the programme exclusively for customers whose disputes were still under consideration when the…
Insolvency Service review confirms reforms have widened important access to debt relief GOV.UK Read the original article here
uThukela District Municipality has announced a financial relief initiative aimed at assisting domestic consumers with outstanding water accounts. The district municipality has approved a 50% incentive discount on outstanding household water debt that is 60 days or older. The incentive came into effect on June 23 and will be available until November 30, giving qualifying…
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Unesco said international support for education is shrinking. (AFP pic) LONDON: Unesco has urged governments and international lenders to expand debt-for-education swaps to help tackle a worsening education financing crisis, warning that 113 countries now spend more on servicing debt than on educating their populations. The UN Educational, Scientific and Cultural Organization (Unesco) launched new…
LONDON (July 10): Unesco has urged governments and international lenders to expand debt-for-education swaps to help tackle a worsening education financing crisis, warning that 113 countries now spend more on servicing debt than on educating their populations. The UN Educational, Scientific and Cultural Organization (Unesco) launched new guidance on debt swaps at a global education…
LONDON (July 10): Unesco has urged governments and international lenders to expand debt-for-education swaps to help tackle a worsening education financing crisis, warning that 113 countries now spend more on servicing debt than on educating their populations. The UN Educational, Scientific and Cultural Organization (Unesco) launched new guidance on debt swaps at a global education…
By Marc Jones LONDON, July 10 (Reuters) – UNESCO has urged governments and international lenders to expand debt-for-education swaps to help tackle a worsening education financing crisis, warning that 113 countries now spend more on servicing debt than on educating their populations. The U.N. Educational, Scientific and Cultural Organization (UNESCO) launched new guidance on debt…