Latest News for: Financial country


Indonesia’s Central Bank Bans the Use of Cryptocurrencies for Payments

CryptoPotato 16 Jun 2021
According to a recent report, the governor of Indonesia’s central bank, Perry Warjiyo, asserted that the use of cryptocurrencies as a payment method in the country would no longer be condoned ... In May, the giant Asian country reiterated that it still prohibits financial services providers from processing crypto-related transactions.

On CBN’s drive for a digital naira

Business Day Online 16 Jun 2021
While CBDCs assume a more recent phenomenon, crypto currency has found its way into the global financial market space since 2012 ... Since Nigeria still ranks among the countries with high economic and social inequality, financial inclusion strategies, especially for the poor, will be needed to integrate more users into the digital fold.

Syracuse Athletics’ substantial revenue drop in 2019-20 caused by coronavirus, lack of March Madness

The Post-Standard 16 Jun 2021
Ohio State led the country in revenue, reporting $225.5 million on its EADA form, while reporting that it spent $189.1 million. The numbers provide an idea of the financial gap that exists even at the Power-Five level, between Syracuse and the most powerful athletic programs in the country.


Reliefweb 16 Jun 2021
SOLIDARITÉS INTERNATIONAL is looking for a Country Administrative Manager based in Bogota to take the lead on the country programme financial aspects, and to act as a deputy of the Administrative Coordinator. The Country Administration Manager will implement and supervise all financial operations at country level.

IMF lowers PH growth forecast

Manila Bulletin 16 Jun 2021
The results of these discussions which is IMF’s surveillance of a member-country’s financial and economic developments, are reported to the IMF management and then to its executive board which will make formal recommendations to the member-country.

Total revamp of security needed in financial sector - Prof. Bokpin

Ghana Web 16 Jun 2021
Economist and professor of finance Godfred Bokpin is calling for a total revamp of security arrangements in the country’s financial sector ... Bokpin said financial services sector players need to take practical steps to forestall a recurrence of the robbery incidents ... the country.

Virginia will give higher education assistance to illegal immigrants

Johnson City Press 16 Jun 2021
Ralph Northam held a ceremonial bill signing on legislation that provides financial assistance for higher education to students who are in the country illegally ... Krikorian said many of these students are in a tough spot because some were brought into the country illegally by their parents as minors.

Credit trap: debt and dispossession in Central Asia

Open Democracy 16 Jun 2021
In both countries, the governments deregulated the financial system, allowing banks and microfinance institutions to determine loan size, interest rates, commission fees and penalties, while operating with minimum capital and licensing requirements, with some lenders charging interest rates as high as 180% as a result.

Economic recovery may be 'bumpy and uneven' - Central Bank

RTE 16 Jun 2021
Governor Makhlouf was speaking at the publication of the Bank's Financial Stability Review today. The Central Bank's Financial Stability Review takes a broad look at the risks facing the country's banks, businesses and households ... financial distress.

IMF Executive Board Concludes 2021 Article IV Consultation with Panama

International Monetary Fund 16 Jun 2021
The financial sector remained stable, well capitalized, and liquid despite the large pandemic shock and moratorium on servicing bank loans ... Financial sector ... A staff team visits the country, collects economic and financial information, and discusses with officials the country's economic developments and policies.

Leveraging remittances for recovery and resilience post-COVID-19

B & FT Online 16 Jun 2021
The observance of this day is globally championed by the International Fund for Agricultural Development (IFAD), an international financial institution and a specialized agency of the UN that works to address poverty and hunger in rural areas of developing countries.

Sanjay Jaswani: The people’s choice for learning about the stock market

Hindustan Times 16 Jun 2021
Chairperson of his institute, Sanjay is recently being conferred with India’s Best Teacher Award for his excellent teaching skills and for helping people get financially literate ... is going to be huge for our Economy and the Employment rate of our country”.

The rise of women investors in the Indian crypto market

The Times of India 16 Jun 2021
A large percentage of women believe that financial independence is of utmost importance to them ... The Global Gender Gap Index, a report on the overall disparity between men and women across 149 countries by the World Economic Forum, found that in nearly 40% of the countries, women do not have equal access to financial services.

Can the banking system meet the challenges of recovery? 

Irish Independent 16 Jun 2021
As the Central Bank’s most recent Financial ... Yet as the country reopens and commerce returns to “normal”, the true scale of financial damage is going to become clearer as the Government withdraws financial support, potentially causing an exit shock that draws in the banking sector.

World Bank executive director calls on President Ramkalawan |16 June 2021

Nation 16 Jun 2021
Dr Nyamadzabo, who represents 22 countries on the African continent – three in Western Africa, eleven in East Africa and eight in Southern Africa including Seychelles – discussed with the President the country’s needs for financial assistance and the various ways that the ...

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