Developing country governments are being blamed for irresponsibly borrowing too much. The resulting debt stress has blocked investments and growth in this unequal and unfair world economic order. Money as debt Myths about public debt are legion. The most pernicious see governments as households. Hence, a ‘responsible’ government must try to run
Tag: Government
Uncertain times for South Africa as it heads for coalition government
Indian farmers reject government offer and say they will carry on marching to New Delhi
Indian farmers who have been protesting for a week to demand guaranteed crop prices have rejected a proposal from the government, and say they will continue their march to the capital New Delhi. The protesting farmers began their march last week, but their efforts to reach the city have been blocked
S. Korean government orders doctors back to hospitals
- South Korea ordered trainee doctors back to work Monday after they resigned en masse to protest medical training reforms, with the government looking at using military medics to cope with shortfalls. South Korea says it has one of the lowest doctor-to-population ratios among developed countries, and the government is pushing
Pakistan election: Aide of Imran Khan says party government, wants results released
Candidates backed by former Pakistani premier Imran Khan's party plan to form a government, a senior aide to the jailed politician said on Saturday, calling on supporters to peacefully protest if final election results were not released. The nuclear-armed South Asian nation voted on Thursday in a general election, as the country
Pakistan ex-PM Imran Khan aide says party aims to form government
A senior aide to Pakistan's jailed former Prime Minister Imran Khan said on Saturday their party would try to form a government as it had won the most seats in Thursday's general election. Interim party chief Gohar Ali Khan called on all institutions in Pakistan to respect the party's mandate, telling
BGMEA urges government to continue policy support
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the government to continue policy support to maintain the competitiveness of the ready-made garment industry amid global economic challenges. A delegation led by BGMEA President Faruque Hassan made the call during a meeting with Finance Minister Abul Hassan Mahmood Ali at
Next budget will be contractionary lowering GDP growth to 6.9pc
The government is preparing the next annual budget as contractionary aiming to reduce inflation rate and restore financial stability, according to an official document. The size of the budget is likely to be Tk8.05 lakh crore (8 lakh and 5 thousand crore), and the expenditure growth is being fixed at 8
Govt pays no heed to TI’s corruption index:Obaidul Quader
Road Transport and Bridges Minister today said the government does not pay heed to the Corruption Perceptions Index (CPI)2023, announced by Transparency International (TI) where Bangladesh ranked 149th out of 180 countries. "This type of agency (TI) has some political interest and it is a guard to protect the interest of
Govt doesn’t need anyone’s recognition: Quader
Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader today said the government is not waiting for anyone's recognition. "We are not eagerly waiting to get anyone's greeting. There is no reason to think that the elected government has fallen into such a state of bankruptcy", he