Thailand approves debt support for smaller firms, debtors – PM – Marketscreener.com

BANGKOK, Dec 19 (Reuters) – Thailand’s cabinet has approved debt suspension for smaller businesses and support for retail debtors, the prime minister said on Tuesday, in the government’s latest move to address the country’s festering debt issues. The programme is part of a plan to help the 10.3 million people who are struggling to service…

IMF and World Bank Announce US$4.5 billion in Debt Relief for Somalia – International Monetary Fund

December 13, 2023 WASHINGTON, DC:The Executive Boards of the International Monetary Fund (IMF) and the World Banks International Development Association (IDA) have approved[1] the Heavily Indebted Poor Countries (HIPC) Initiative Completion Point for Somalia, which provides total debt service savings for the country of US$4.5 billion.[2] Following HIPC Completion Point, Somalias external debt has fallen…