Tag: borrowing

Beijing , July 10 (ANI): China which has lent nearly 1 trillion USD to some 150 developing countries is itself facing a 'debt bomb' at home, compelling Beijing to be reluctant in cancelling large debts owed by countries struggling to make ends meet, Keith Bradsher said in a piece ...

ISLAMABAD: The International Monetary Fund (IMF) has rejected Pakistan's request to keep a door open for borrowing from the central bank amid the ongoing financial woes in the country. The international financial institution based in Washington also did not agree on any meaningful accountability of the State Bank of ...

Islamabad , February 27 (ANI): As Pakistan's financial debt continues to mount, the Imran Khan government received USD 6.7 billion in gross foreign loans in the first seven months of the current fiscal year, including a new commercial loan of USD 500 million from China last month. According to ...

Kerala and West Bengal have accepted the Centre’s option of a special window for compensation to states for their goods and services tax (GST) shortfall. This has brought the total number of states that have accepted this option to 25. Now there are only three – ...

Telangana has accepted Centre's borrowing proposal to meet GST revenue shortfall and will get Rs 2,380 crore through the special window. "The Government of Telangana has communicated its acceptance for Option-1 out of the two options suggested by the Ministry of Finance to meet the ...

Congress-ruled Rajasthan has accepted the Centre's borrowing proposal to meet GST revenue shortfall and will get over Rs 4,600 crore through the special window. "The Government of Rajasthan has communicated its acceptance for Option-1out of the two options suggested by the Ministry of Finance to ...

This is over and above the special window of Rs 1.1 lakh crore, reported IANS.On receipt of the choice of Option-1 from the Rajasthan government, the Centre on Thursday granted the state additional borrowing permission of Rs 5,462 crore (0.5 per cent of Rajasthan's GSDP).States That Opted for Option ...

New Delhi: The Congress-rules Rajasthan became the 25th member of the Goods and Services Tax (GST) Council to accept the Centre’s option of borrowing a total of Rs 1.1 lakh crore (by all members) to meet part of the GST revenue shortfall in 2020-21,the Union finance ministry said on ...

The repayment schedule will be set in a way that the collections in cess pool after June 2022 would be enough to repay the interest arising out of borrowing.After the Ministry of Finance released the second tranche of Rs 6,000 crore to states under the special window for meeting ...

The Central government on Friday borrowed and transferred Rs. 6,000 crores as first tranche on account of GST compensation to 16 states and two Union Territories (UTs).These states and UTs include Andhra Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Tamil Nadu, Tripura, ...