"We reaffirm our strong commitment to ensuring that Ukraine has the economic support it needs. Under the leadership of Japan's G7 Presidency, together with the international community, we have ensured Ukraine has the budget support it needs for 2023 and early 2024," read the White House G7 L
Nepal's President Ram Chandra Paudel on Friday while presenting the government policies and programs at the joint meeting of the House of Representatives and National Assembly stated that the economy is getting back on track.
"This afternoon, President Biden hosted Leader Schumer, Leader McConnell, Speaker McCarthy, and Leader Jeffries in the Oval Office for a productive and direct meeting about the need to ensure America does not default on its debt for the first time in our history, and on a budget agreement th
Go First Chief Executive Officer Kaushik Khona said after NCLT decision, "This is a historic ruling as an application of insolvency has been admitted so fast. The order prevents a viable airline from becoming an unviable one. The purpose of IBC has always been revival."
In a major development, the abrogation of Article 370 in Jammu and Kashmir has brought transparency into the region's financial system and led to growth in the economy.
The secretary was interacting with media persons after the Financial Stability and Development Council (FSDC) took place in the capital on Monday that Union Finance Minister Nirmala Sitharaman chaired. The meeting happened for the first time after the announcement of the Budget 2023-24.
As the National Company Law Tribunal (NCLT) issued notice to SpiceJet on a plea filed by Irish aircraft lessor Aircastle, the budget carrier on Monday said the NCLT notice was issued in a normal course and there was no adverse ruling against the airline.
The National Company Law Tribunal (NCLT) on Monday issued notice to low-cost airline Go First on a petition filed by a pilot regarding his dues, as the beleaguered carrier seeks an early decision on its voluntary insolvency resolution plea.
Pakistan's Punjab government has stopped all types of arrears, and time scale payments to employees and officers due to the severe financial crisis and for the preparation of the new budget, Pakistan-based English language newspaper Pakistan Today reported.
A senior government official told Dawn that the planning and development ministry had moved a summary to the prime minister for his consent to cap the provincial development projects in the PSDP 2023-24 to be presented to parliament as part of the next year's budget and also restrict the PSD
Pakistan will need another IMF programme once this one ends. For that, Islamabad needs to bridge the trust gap with the lender, Dawn reported. Despite assistance from the UAE, Saudi Arabia and China, the financing gap of up to USD 2bn remains. Further, the IMF seems averse to combining the r