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Lafarge Jordan files for insolvency


Lafarge Jordan files for insolvency
Written by Global Cement staff
27 May 2021
Jordan: Lafarge Jordan has had its insolvency filing approved by a court in Jordan. The Jordan Times has reported that the company has capital of US$84.6m, while its accumulated losses are US$169m. It has blamed weak demand and an inability to cope with variable operating and administrative costs made worse by the coronavirus crisis.
The company said that it plans to continue its reform process so that it is able to meet its obligations under insolvency law. It added, “The company intends to adopt a well-thought-out and actionable financial plan to pay off its debts and meet its liabilities within reasonable legal periods and in agreement with creditors.” ....

Jordan General , At Tafilah , Lafarge Jordan , Jordan Times , Switzerland Based Lafargeholcim , ஜோர்டான் ஜநரல் , ஜோர்டான் முறை ,

Pakistan will go bankrupt if PM Imran completes his term: Bilawal


National
May 21, 2021
ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said on Thursday that Prime Minister Imran Khan had spent his time in office touring the world, begging bowl in hand to get alms for Pakistan.
“The myopic and short sighted policies of the prime minister had brought Pakistan on the verge of devastation and there is a very clear and present danger that the country will go bankrupt if the selected prime minister completes his five-year term. The damage being done to the country is so severe that it may take years for the following governments to undo it,” he said in a statement on Thursday. Bilawal Bhutto Zardari said Pakistan had been reduced to a country surviving on the kindness of friendly nations as never before had our country been so dependent on aid and loans. “It is a travesty that we have gone from a country that demanded ‘trade not aid’ under former president Asif Ali Zardari, to a country that is consta ....

Asif Ali Zardari , Bilawal Bhutto Zardari , Pervez Musharraf , Imran Khan , Pakistan People Party , Pakistan People , Chairman Bilawal Bhutto Zardari , Prime Minister Imran Khan , பெறுவேஜ் முஷாரஃப் , இம்ரான் காந் , பாக்கிஸ்தான் மக்கள் கட்சி , பாக்கிஸ்தான் மக்கள் , ப்ரைம் அமைச்சர் இம்ரான் காந் ,

Pakistan will go bankrupt if PM Imran completes term: Bilawal


National
May 21, 2021
ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said on Thursday that Prime Minister Imran Khan had spent his time in office touring the world, begging bowl in hand to get alms for Pakistan.
“The myopic and short sighted policies of the prime minister had brought Pakistan on the verge of devastation and there is a very clear and present danger that the country will go bankrupt if the selected prime minister completes his five-year term. The damage being done to the country is so severe that it may take years for the following governments to undo it,” he said in a statement on Thursday. ....

Asif Ali Zardari , Bilawal Bhutto Zardari , Pervez Musharraf , Imran Khan , Pakistan People Party , Pakistan People , Chairman Bilawal Bhutto Zardari , Prime Minister Imran Khan , Bhutto Zardari , பெறுவேஜ் முஷாரஃப் , இம்ரான் காந் , பாக்கிஸ்தான் மக்கள் கட்சி , பாக்கிஸ்தான் மக்கள் , ப்ரைம் அமைச்சர் இம்ரான் காந் ,