Credit firms struggle to retrieve collateral Business

Credit firms struggle to retrieve collateral

While handling pledged assets is considered an effective tool for credit institutions to retrieve debts and reduce non-performing loans, gaps in regulation have been hindering progress on this front.
Society

Decree aims to lessen gap between incomes

A draft decree to regulate the salaries of high-ranking officials at State-owned and partially State-owned enterprises has been introduced for review by the Ministry of Labour, Invalids and Social Affairs (MOLISA).