loans
24 Aug
The People's Bank of China announced it was cutting its key one-year interest rate for the second time in three months on Monday, but left its five-year rate unchanged.
20 Apr
Kenya's President, William Ruto, announced that the country will not acquire loans to pay civil servants, even as union groups threatened to go on strike due to unpaid March salaries. According to Ruto, the salary delays are due to the country's substantial public debt, with some loans becoming due this month.
14 Apr
Kenya's President, William Ruto, announced that the country will not acquire loans to pay civil servants, even as union groups threatened to go on strike due to unpaid March salaries. According to Ruto, the salary delays are due to the country's substantial public debt, with some loans becoming due this month.
12 Apr
The $5.4 billion set for disbursement brings the total lent to the Latin American country under the Extended Fund Facility to $28.9 billion. Argentina is the target of the IMF's largest assistance program.
8 Mar
Data by the International Monetary Fund shows that only 24 per cent of loans collected by farmers under the anchor borrowers’ programme of the Central Bank of Nigeria has been repaid.