Wednesday, September 29, 2021

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cash crunch

Cash-strapped Pakistan to now mortgage Islamabad park for 500 billion loan

The preceding governments have also mortgaged roads, buildings and institutions and procured loans through the issuance of bonds, both national and international.

UN faces severe cash crunch: Austerity measures in places, restricts heating and AC, stops hiring

The UN's cash crisis is mainly due to member nations not paying their annual assessment bills.

With $230 million deficit, United Nations could run out of money by October end, warns UN chief Antonio Guterres

The UN Secretary-General Guterres said member states of the international body have only paid 70 per cent of the total amount needed for regular budget operations in 2019.

Why the Media will never cover this sob story about demonetisation

The best-laid plans of mice and men often go awry

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