Tag: debt relief

Maldives prez tones down anti-India rhetoric, urges New Delhi to increase debt reduction

22 March 2024 7minutetimer 0 Comments

NEW DELHI: Maldives President Mohamed Muizzu, following latest anti-India rhetoric, has shifted to a reconciliatory tone, emphasizing India’s significance as Maldives’ “closest ally.” He has urged New Delhi to increase debt reduction to the archipelago nation.The Maldives owed roughly USD 400.9 million to India by the tip of final yr.Ever since assuming workplace as president […]

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Biden cancels $6 billion in pupil mortgage debt for 78,000 public service staff

21 March 2024 7minutetimer 1 Comment

WASHINGTON: US President Joe Biden introduced Thursday that $6 billion in pupil loans could be canceled for 78,000 debtors, bringing his administration’s complete pupil debt cancellation to just about $150 billion. Biden, a Democrat, final 12 months pledged to seek out different avenues for tackling debt aid after the Supreme Courtroom in June blocked his […]

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