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Pakistan's Foreign Ministry: The troops stationed in Saudi Arabia play a defensive role.
2026-10-09
Pakistan's Foreign Ministry: The troops stationed in Saudi Arabia play a defensive role.
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2026-10-09
Polish central bank board member Kotecki said Friday the bank may need to raise rates by 25bps in November if inflation forecasts show CPI will not fall back to around 2.5% by end-2027 or early-2028. The central bank left the policy rate at 3.75% on
Polish central bank board member Kotecki said Friday the bank may need to raise rates by 25bps in November if inflation forecasts show CPI will not fall back to around 2.5% by end-2027 or early-2028. The central bank left the policy rate at 3.75% on Wednesday; September CPI rose to 4.0%. Future rate decisions will depend on the price outlook and external factors, particularly commodity prices.
2026-10-09
The Ministry of Finance said in its 1H fiscal policy execution report that risks from stock implicit local government debt have been effectively mitigated. It reported localities had issued 1.73 trillion yuan of replacement bonds by end-July, complet
The Ministry of Finance said in its 1H fiscal policy execution report that risks from stock implicit local government debt have been effectively mitigated. It reported localities had issued 1.73 trillion yuan of replacement bonds by end-July, completing 86.7% of the 2026 2 trillion yuan quota. The ministry said it will accelerate reform and transformation of local government financing vehicles (LGFVs), guide localities to resolve LGFV stock implicit debt, legally clarify government versus enterprise responsibilities, and speed the removal of financing functions from platforms. It will coordinate with financial regulators to optimize financial support policies for debt-risk resolution and guide financial institutions to use measures such as debt restructuring to reduce LGFVs’ liquidity risks and interest burdens.
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