December 17, 2017

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Banks demand expedited issuance of energy bond

Banks demand expedited issuance of energy bond

Commercial banks are pleading with government to speed up processes to settle the energy sector debt. The banks had earlier bewailed that the debt is affecting their base rates. Government’s economic team is currently in a discussion with the International Monetary Fund (IMF) to come out with an appropriate mode to issue the 2.5 billion dollar energy bond to clear …

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