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Gap Financing
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Gap Financing is a short-term, high-interest loan that helps to bridge a possible gap between available bank loans and the total amount of required financing.Gap Financing in the News:
| Gap Inc. Chairman and CEO Glenn Murphy to Present at Investor Conference on March 11 (Business Wire via Yahoo! Finance) |
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SAN FRANCISCO----Gap Inc. today announced that Glenn Murphy, chairman and chief executive officer of the company, will give a presentation to investors at the Bank of America Conference in New York City on March 11.
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| Hungary’s Budget Gap Points to New IMF Goal, Intesa, 4Casts Say (Bloomberg) |
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March 8 (Bloomberg) -- Hungary’s budget gap having reached 40 percent of the annual target strengthens the poll-leading opposition’s argument to convince the International Monetary Fund to accept a bigger shortfall, analysts at Intesa Sanpaolo SpA and 4Cast Ltd. said.
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| Ecuador May Raise Corporate Taxes to Plug Budget Gap (Correct) (Bloomberg) |
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Tax revenue could fall by as much as $700 million this year after the drought led to energy rationing, power outages and a decline in hydroelectric power, said Andrade, a Quito-based economist at Pichincha, Ecuador’s biggest bank. He said the views are his own and do not represent those of the bank.
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| Lancet World Report Examines GAVI's Funding Gap (Medical News Today) |
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Lancet World Report examines the challenges ahead for the GAVI Alliance, which after a decade of "steadily increasing financing" is now "facing a funding shortfall for the next decade that could hamper the roll-out of new vaccines." GAVI leaders attribute the funding challenges to the global economic crisis, which has kept government aid budgets from increasing, according to the Lancet...
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| Ecuador May Raise Corporate Taxes to Plug Budget Gap (Update1) (Bloomberg) |
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March 9 (Bloomberg) -- Ecuador may raise corporate taxes to help finance a $4.1 billion budget deficit swelled by the worst drought in 40 years, Banco del Pichincha CA said.
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