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Chaves left the bank in 2019, weeks after he was demoted, to become Costa Rica’s finance minister. The labor tribunal, which serves as a judicial forum of last resort for the bank’s 12,000 employees, released the 56-page ruling in June ... As Costa Rica’s finance minister, he continued to have professional ties to both the World Bank and IMF.
I would not mind if politicians call for issuing deficit-covering bonds, but I would mind if they have no qualms about resorting to such emergency measures. What is the reason for the urgency to get into debt? If they believe bond financing is necessary for the betterment of society, what is the ideal society they envision? ... --The Asahi Shimbun, Oct.
Madam Kathleen Addy, Deputy Chairperson, NCCE in charge of Finance and Administration, urged the people to continue to engage each other on their differences as people of one nation and never resort to violence which might invite terrorists in to destroy the country.
Read also ...Abdullahi added “We plan to finance the deficit mainly by new borrowings totalling N5.01 trillion, N90.73 billion from Privatisation Proceeds and N1.16 trillion drawdowns on loans secured for specific development projects. “Some have expressed concern over our resort to borrowing to finance our fiscal gaps ... .
... to finance overheads and personnel costs ... “While it is an accepted fiscal option across the world for countries to resort to borrowing to finance shortfalls in their budgets, there must be caution in what component of the budget that will be financed by the loan,” Udeagbala said.
(AP) — The CEO of OceanCasino Resort has resigned after turning around the finances of one of Atlantic City's larger casinos during her two-year tenure ... “Terry joined Ocean on the brink of bankruptcy, and is leaving the property as a leading casino resort in Atlantic City.” ... She was credited with turning around the casino’s finances.
And many are even resorting to changing jobs. SarahColes, personal finance analyst at Hargreaves Lansdown, comments, “The question remains, just how many people were still on furlough when the scheme disappeared from underneath them, and what will happen to them next.
Read more ... The resources minister, Keith Pitt, also said last week the Liberals should consider being a lender and insurer of last resort for fossil fuel projects struggling to get finance because banks are required by regulators to minimise carbon risk during the transition to low emissions – an initiative Pitt costed at $250bn ... Show ... Photograph ... .
Nigeria’s minister of finance, budget and national planning, Zainab Ahmed, made a presentation Friday on how the 2022 budget will be allocated ...The FederalGovernment resorts to borrowing to finance fiscal gaps with believing that the debt level is still within sustainable limits.