Left Menu
Development News Edition

Swedish govt expands support programme of loans, guarantees to businesses - news agency TT

Reuters | Stockholm | Updated: 20-03-2020 18:46 IST | Created: 20-03-2020 18:46 IST
Swedish govt expands support programme of loans, guarantees to businesses - news agency TT

Sweden's government will expand its programmes of loans and loan guarantees to businesses as it looks to mitigate the impact of the outbreak of the coronavirus on the economy, news agency TT reported on Friday.

The government will increase the ceiling for loans from the state export credit agency to 200 billion Swedish crowns ($19.36 billion) from 125 billion and increase its capacity to guarantee loans up to 500 billion from 450 billion currently. ($1 = 10.3295 Swedish crowns)



In rebuking FBR, Pakistan’s courts take a stand for public health

The system, if implemented effectively, will allow Pakistans revenue service to combat the illicit trade in tobacco products and potentially add hundreds of millions of dollars to the states budget each year. ...

Dissecting how COVID-19 is catalyzing the trajectory of New World Order

The ensuing pandemic of COVID-19 has hit the globalization in two ways firstly, shrinking the importance of globalization as an economic force by curtailing mobility through worldwide lockdowns, and secondly, rejuvenating the idea of indig...

Domestic seafood trade in focus as COVID-19 changes market dynamics

As predicted earlier in a report titled Seafood industry post-COVID 19 An overhaul to trigger the growth of small fisheries, one of the changes going ahead would be increased focus on domestic seafood trade, driven by falling exports and su...

Migration post-COVID 19: Taking cues from the past to rebuild economies

Migrants are an irreplaceable part of even the essential workforce of developed countries and are on the frontline in the fight against the crisis, making an immeasurable contribution to saving the lives of natives with voting rights....


Latest News

Paytm sends 4,000 masks for frontline COVID-19 workers in Madhya Pradesh

The Madhya Pradesh government has praised leading digital payments and financial services company, Paytm for sending across 4,000 masks for its workforce engaged in the fight against COVID-19. The state health ministry has tweeted from its ...

Kohli and I would have been real enemies on the field: Shoaib Akhtar

Former Pakistan pacer Shoaib Akhtar said that if he was playing currently he and Virat Kohli would have been the best of friends off the field, but real enemies whenever they stepped on the field. Akhtar also said that he would have liked t...

Mary-Kate Olsen officially files for divorce from Olivier Sarkozy as courts reopen

Actor-turned-designer Mary-Kate Olsen has officially filed for divorce from French banker Olivier Sarkozy after New York courts began allowing lawsuits and divorces to be filed online following coronavirus closures. According to the ...

GLOBAL MARKETS-Japan shares scale 10-wk peak, S&P 500 up sharply

Asian shares forged ahead on Tuesday while U.S. stock futures breached a major chart barrier as investors brushed past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy. Japans Nikkei took the lead with a ris...

Give Feedback