by Prithvi Man Shrestha in The Kathmandu Post, July 18, 2023The bill criminalising usurious lending endorsed by the House of Representatives on Sunday has sought to address the concerns of the lenders also. The last-minute tweak was made under pressure from the ruling Janata Samajbadi Party (JSP), which had been opposing the bill. The bill, which replaced an ordinance, was earlier endorsed by the National Assembly on June 30. The ordinance brought by the government…
Posts tagged as “lenders”
report in Global Times, Apr 15, 2023Chinese experts and officials hit back at remarks from Western-backed lenders made during a meeting that China is a major creditor to emerging markets and should do more in helping debt relief. China is willing to implement the common framework for debt disposal with other countries, China’s central bank governor Yi Gang said during the World Bank and International Monetary Fund (IMF) spring meetings, according to a statement released…