FinMin unveils SME debt relief package – Business Main

  Package developed in collaboration with CBSL, SLBA, SME sector representatives, and relevant government agencies Assures the measures were prepared with a long-term perspective to provide breathing space for affected SMEs while ensuring the stability of the banking sector SMEs that obtained credit facilities from a licensed bank classified as stage 3 (on or after…

Student-Loan Forgiveness: Biden Made His Final Move on Debt Relief

Biden announced an additional $600 million in student-loan forgiveness. The relief impacts defrauded borrowers and borrowers on income-based repayment plans. This marks Biden’s final student-loan forgiveness action before he leaves the White House. Student-loan forgiveness under President Joe Biden has officially reached the end of the road. On Thursday, Biden’s Education Department announced over $600…