Debt pressures prompt global initiative

ISLAMABAD: Ministers of finance and central bank governors of developing countries will launch the ‘Borrowers’ Platform’ to improve their debt management capacity in Washington on April 15, during the IMF-World Bank Spring meetings. Finance Minister Muhammad Aura­ngzeb and Egyptian Finance Minister Ahmed Kouchouck will jointly preside over the launching of the platform, to be held at the United Nations Foundation. The launch comes amid rising debt pressures across developing countries. To mar...

By none@none.com (Amin Ahmed)