Debt swap

Nature’s option for indebted economies

By Nachilala Nkombo What does Africa Month 2021 mean for 1.2 billion Africans looking for a better future amid the global health pandemic? While the death toll from COVID-19 is the lowest on the continent compared to other parts of the world, Africa must prepare for the worst in terms …

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Risky equity swaps useful for financing cross-border activity

AAs the Indian start-up ecosystem matures, companies in high-tech sectors increasingly tend to access new technologies, recruit top talent, and gain market share and advantage by buying companies. global offshore. Lack of liquidity or the pressure to use resources for other purposes can hamper such expansion, however, and this is …

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Fitch predicts 4% growth for Pakistan in fiscal 2022

KARACHI: Credit rating agency Fitch Ratings expects Pakistan’s growth to stabilize at 4% in the next fiscal year, supported by continued strengthening in domestic consumption and resilient manufacturing and construction activity. While asserting the default rating of Pakistan’s long-term currency issuers at “B-” with a stable outlook, Fitch said the …

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