That, in addition to launching a large-scale, coordinated, and comprehensive multilateral response to the COVID-19 emergency ... ( read original story ...)
Kazakhstan’s budget lost 610 bln tenge due to quarantine and a drop in tax payments
Kazakhstan’s budget lost 610 bln tenge due to quarantine and a drop in tax payments. NUR-SULTAN. Sept 9 (Interfax-Kazakhstan) – The government budget of Kaz ... ( read original story ...)
Pandemic Has Doubled Growth of Kazakh Retail Investors, According to Kazakh Stock Exchange
The world has seen a sudden increase in the numbers of retail investors amid the pandemic and Kazakhstan has followed a similar trend. The growth rate of new accounts has doubled, reaching 4.5 percent ... ( read original story ...)
Sri Lanka Considers Offering Hedging Options to Attract Foreigners
Sri Lanka is planning incentives to attract overseas investors into local-currency bonds in a bid to reduce the nation’s reliance on foreign debt amid the coronavirus pandemic. ( read original story ...)
Possible war crimes in Yemen fuelled by arms flows from West, Iran – UN
Weapons provided by Western powers and Iran to the warring sides in Yemen are fuelling the six-year-old conflict, marked by deadly Saudi-led coalition air strikes and Houthi shelling, U.N. ( read original story ...)
Saudi Arabia’s Financial Woes Mean It’s Squeezing Cash Cow Aramco
The world’s biggest oil company is getting squeezed by its main shareholder, the Saudi Arabian government.Even with crude dropping below $40 a barrel this week and its cash flow plunging, Saudi Aramco ... ( read original story ...)
Saudi Binladin to Hire More Advisers for $15 Billion Debt Revamp
Saudi Binladin Group plans to hire more advisers to accelerate one of the Middle East’s biggest corporate-debt revamps and tackle its estimated $15 billion debt pile. ( read original story ...)
Philippine Central Bank’s Maiden Bond Offer Set for Next Week
The Philippine central bank will begin selling its own securities next week, a new instrument that it said will become its main tool to control liquidity in the financial system. ( read original story ...)
Why Pakistan’s new plan to fix the bureaucracy won’t work
The new retirement rules are indicative of the priorities of the government or its desire to aim at low hanging fruit. ( read original story ...)
World’s finance ministers plan for recovery from Covid-19; Pakistan highlights debt relief
A virtual meeting of finance ministers from 60 countries, including Pakistan, and representatives of international financial institutions on Tuesday discussed ways and means to deal with the social ... ( read original story ...)