Tag: Debt Repayment
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DPR Approves Rp2 Trillion to Repay Spain Loan for Maritime Ministry Debt
Overview: DPR greenlights funding to settle a long-standing international loan The Indonesian House of Representatives, specifically Commission IV, has approved an additional Rp2 trillion (about US$120 million) to finance the repayment of a debt the Maritime Affairs and Fisheries Ministry (KKP) owes to Spain. This move aims to fulfill an international loan arrangement tied to…
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Indonesia’s DPR Approves Rp2 Trillion to Repay Spain-Borrowed Maritime Debt
Overview: DPR Allows Funding to Settle Spain-Backed Maritime Debt Indonesia’s House of Representatives, specifically Commission IV, has endorsed a supplementary allocation of Rp2 trillion (roughly US$120 million) to the Ministry of Maritime Affairs and Fisheries (KKP). The funds are intended to repay a Spanish loan linked to Maritime and Fisheries programs. The decision marks a…
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Tenant Seeks Resolution as Jim Gavin Rent Money Controversy Stalls
Overview of the Case The tenant at the center of a longstanding rent payment dispute involving former Fianna Fáil candidate Jim Gavin remains without a definitive reply as the matter continues to attract public attention. Reports indicate that the tenant reached out directly to Fianna Fáil over the weekend, but as of today there has…
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Pakistan Successfully Repays Rs2.6 Trillion Public Debt Ahead of Schedule
In a remarkable financial milestone, Pakistan has successfully retired Rs2.6 trillion ($9.1 billion) of public debt ahead of schedule, as confirmed by Khurram Schehzad, the Advisor to the Finance Minister. In his announcement made via a post on social media platform X (formerly known as Twitter), Schehzad detailed that approximately Rs1.6 trillion of this impressive…
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Pakistan’s Early Repayment of Rs2.6 Trillion Debt: A Financial Milestone
In a significant turn of events for Pakistan’s economy, the government has successfully repaid Rs2.6 trillion in public debt ahead of the anticipated schedule. This remarkable achievement was announced by Khurram Schehzad, an advisor to the Finance Minister, on social media platform X (formerly known as Twitter) on Sunday. This early repayment not only reflects…