Lanka's weak regulatory frameworks responsible for debt crisis

Colombo [Sri Lanka], September 5 (ANI): As the debt crisis continues to grip the island nation of Sri Lanka, the...

Overlapping food, debt crisis in Afghanistan cause of worry

Kabul [Afghanistan], August 9 (ANI): Since the Taliban took control of Afghanistan, the country is under a massive...

Pakistan rejects Russia's wheat to save USD 1.4 million

Islamabad (Pakistan), August 7 (ANI): Amid the food and debt crisis in Pakistan, the country is considering refusing...

Afghanistan under severe debt crisis, owes USD 28mn to Tajikistan

Kabul [Afghanistan], August 3 (ANI): War-torn Afghanistan is witnessing an economic crisis and is under huge debt...

US extends support to Sri Lanka

Colombo [Sri Lanka], July 10 (ANI): The United States on Sunday extended its support to Sri Lanka amid the ongoing...

Pakistan faces bleak economic future, following Sri Lanka's path

Islamabad [Pakistan], June 30 (ANI): Pakistan may fall into a debt trap like Sri Lanka owing to its economic ties...

Pakistan's economic condition continues to deteriorate

Islamabad [Pakistan], May 27 (ANI): Pakistan is one of the fifty-two countries facing a severe debt crisis and the...

Sri Lankan PM says 'I will go if I lose Parliamentary majority'

Colombo [Sri Lanka], April 27 (ANI): Amid nationwide protests and growing calls for his resignation, Sri Lanka Prime...

Will not resign, says Sri Lankan PM amid economic crisis

Colombo [Sri Lanka], April 27 (ANI): Amid the ongoing economic crisis, Sri Lanka's Prime Minister Mahinda Rajapaksa...

IMF urges Sri Lanka to tighten monetary policy to overcome crisis

Colombo [Sri Lanka], April 26 (ANI): International Monetary Fund (IMF) official on Tuesday advised Sri Lanka to...

China avoids bailing out Sri Lanka, Pak as debt deepens: Report

Beijing [China], April 15 (ANI): China is displaying reluctance in assisting with loan bailouts to Sri Lanka and...

Pakistan: Shehbaz Sharif govt haunted by circular debt crisis

Islamabad [Pakistan], April 12 (ANI): The new Prime Minister of Pakistan is under tremendous pressure due to surging...