India and Maldives concluded a $400 million Line of Credit (LoC) agreement for the implementation of the Greater Male Connectivity Project (GMCP). ( read original story ...)
India, Maldives conclude $400 mn LoC agreement for GMCP implementation
India and Maldives on Monday concluded USD400 million Line of Credit (LoC) agreement for the implementation of the Greater Male Connectivity Project (GMCP), which is the single-largest connectivity ... ( read original story ...)
India signs $400 million loan pact with Maldives for mega connectivity project
The line of credit (LOC) was signed by Exim Bank’s Nirmit Ved and Maldives Finance Minister Ibrahim Ameer on Monday. The Exim Bank has now provided three LOCs to Maldives totalling $1.2 billion (about ... ( read original story ...)
Significant citizens lost their source of income during pandemic in Georgia
About 100,000 people have lost their source of income in Georgia during the coronavirus pandemic, said Deputy Finance Minister Giorgi Kakauridze, Trend reports via Georgian media. Based on the ... ( read original story ...)
Oman poised to introduce 5 percent value added tax
Oman is to start levying a 5 percent VAT in six months as the country seeks to shore up state finances during pandemic. ( read original story ...)
Kyrgyzstan lifts ban on international financial operations
Kyrgyzstan will resume international financial operations using SWIFT from Tuesday, its central bank said on Monday, days after disabling cross-border money transfer systems to prevent capital flight ... ( read original story ...)
UAE plans to issue first federal bonds in Q4 or early 2021: Media report
The United Arab Emirates will likely issue its first federal bonds by the end of the year or in the first quarter of 2021, UAE newspaper Al Roeya said, citing a finance ministry official. The UAE ... ( read original story ...)
Azerbaijan Armed Forces Relief Fund opens additional bank accounts
The Azerbaijani Armed Forces Relief Fund has opened additional bank accounts, the Defense Ministry said Monday. Considering the numerous ... ( read original story ...)
Jordan retains finance minister Mohamad Al Ississ in new cabinet – officials
Jordan' s Finance Minister Mohamad Al Ississ will keep his job in a new cabinet due to be sworn in later on Monday, underlining the country's commitment to ambitious economic reforms backed by the ... ( read original story ...)
Taiwan accuses Beijing of ‘malicious sensationalism’ after state TV broadcast of ‘spy’s confession’
Island’s Mainland Affairs Council says Beijing is manufacturing crimes and entrapping people after broadcasting Lee Meng-chu’s admissions on state television. ( read original story ...)