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Senegal says it will take steps, including raising taxes and renegotiating energy contracts, to raise almost $10 billion over three years to help it deal with a debt crisis.
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Agence France-Presse on MSNSenegal PM unveils economic recovery plan based on domestic resourcesSenegal's prime minster unveiled an economic recovery plan for the highly indebted nation on Friday, focused on reviving its ...
Canada has a large and highly developed financial system. The banking sector is very concentrated, with six Domestic Systemically Important Banks (D-SIBs) accounting for 94 percent of banks’ assets.
Campaigners say the bumper earnings of Barclays, HSBC, Lloyds and NatWest must be taxed to fund public services and ease pressure on struggling households ...
Prime Minister Ousmane Sonko on Friday unveiled a new economic recovery plan for Senegal, pledging to finance 90% of the ...
The Executive Board of the International Monetary Fund (IMF) concluded the Financial Sector Assessment Program (FSAP) with Canada on July 18, 2025 without convening formal discussions.
The latest figures indicate a robust buildup across various components of the reserves. Foreign Currency Assets (FCA), the largest component, rose by $1.316 billion to $588.926 billion.
NatWest partners with Landbay to offer limited company buy-to-let deals, and court ruling closes stamp duty loophole. Explore ...
Credit stress rose as NPLs hit 14.3% by Nov 2024, driven by BEAC's rate hike to 6.75%. Concentration in top banks (54% assets) holds 75% of bad loans, with deposits shifting to cash hoarding. A $550 ...
Interoperability is a major driver of UPI’s growth as it not only enables users to conduct transactions from different banks ...
DeFi TVL recovers, IMF embraces crypto in national accounts, and Visa boosts stablecoin support across blockchains.
Some Chinese officials worry that the U.S.'s decision to embrace stablecoins through the Genius Act might reverse the trend of de-dollarization.
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