Video PlayerClose ISLAMABAD, Sept. 26 (Xinhua) — Pakistani Prime Minister Imran Khan called on developed countries and international money lenders to extend and expand debt suspension for developing countries in order to help them recover from the COVID-19 pandemic. Debt relief is one of the best ways to create needed fiscal space for developing countries,…
The Group of Seven finance ministers said Friday they will support an extension of an international debt relief program to help poor countries take measures against the coronavirus pandemic. Japanese Finance Minister Taro Aso said China’s involvement in the initiative, led by the Group of 20 major economies and Paris Club traditional creditor nations, is…
Google will help employees pay off their student loans beginning in 2021. The company announced Thursday that it will match up to $US2,500 per employee per year, beginning with Googlers in the US. The student loan crisis in the US disproportionately affects Black borrowers, who are likely to be saddled with more debt than white…
“Authorities have remained steadfast in their commitment to economic reforms, meeting all structural benchmarks for the first review,” the press release said. Domestic revenues for the financial year until June were US$99 million against a target of US$ 109 million, the Fund said, but it was willing to waive that because Somalia had been hit…
The leader of the Democratic Republic of Congo appealed Tuesday before the UN General Assembly for debt relief for developing countries to help them cope with the pandemic. “In order to help developing countries exit the crisis and fare better after Covid-19, the international community’s efforts must include debt cancellation and other relief so they…
Google CEO Sundar Pichaispeaks at the company’s 2016 Google I/O conference in Mountain View, Calif. Justin Sullivan | Getty Images Google’s latest employee perk to attract talent is help with student loans. Starting in 2021, Google will match up to $2,500 per full-time employee per year toward their student loan payments, John Casey, Google’s director…
How debt consolidation can help you financially survive COVID-19 The coronavirus is taking a heavy financial toll on Americans. Millions of people have been thrown out of work, and the U.S. stands to lose 4 million small businesses this year, says an estimate from Oxxford Information Technology. If your income has dropped because of COVID-19…
Michael Brown Published 10:53 p.m. ET Sept. 23, 2020 In the United States, the outstanding student loan debt balance has swelled to $1.67 trillion, and the situation is only getting worse in most parts of the country. But, Michigan is bucking that trend according to the latest data. LendEDU recently published our fifth annual Student…
The leader of the Democratic Republic of Congo appealed Tuesday before the UN General Assembly for debt relief for developing countries to help them cope with the pandemic. “In order to help developing countries exit the crisis and fare better after Covid-19, the international community’s efforts must include debt cancellation and other relief so they…
AMP Capital has launched a new infrastructure debt strategy, set to help investors capitalise on emerging growth opportunities in the Asia Pacific region. The Infrastructure Debt Asia Pacific strategy will target infrastructure mezzanine debt opportunities in both developed and developing countries in the region, across the energy, transportation, utilities, and digital infrastructure sectors. AMP Capital…