Search For "debt relief"
Pakistan economic crisis intensifies as China refuses to provide debt reli
Updated : 4 years, 9 months ago IST
Islamabad [Pakistan], May 30 (ANI): Bankrupt Pakistan's debt problems seem to be escalating as it is all weather-ally China has declined to restructure USD 3 billion in liabilities.
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Pakistan hoping for USD 1 billion debt relief from G-20
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], April 12 (ANI): Pakistan is hoping to get around USD one billion relief from G-20, the Pakistan Economic Affairs Ministry said on Saturday.
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China's debt-trap diplomacy: Pak to seek debt relief for power projects
Updated : 5 years ago IST
Peshawar [Pakistan], February 25 (ANI): In China's debt-trap diplomacy, Pakistan is struggling to repay loans for power projects under President Xi Jinping's Belt and Road Initiative (BRI) and seeks to reschedule as much as USD 22 billion in outstanding credits.
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Tapering of Covid-19 relief lowers risk of decline in asset quality: Moody
Updated : 5 years, 2 months ago IST
Singapore, Dec 17 (ANI): As the coronavirus pandemic drags on, regulators in ASEAN and India are facing a need to strike a balance between continuing to support some borrowers and weaning others off debt relief measures introduced at the onset of outbreak, according to Moody's Investors Serv
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Discussion on with Sri Lanka concerning debt repayment moratorium: MEA
Updated : 5 years, 8 months ago IST
New Delhi [India], July 9 (ANI): India on Thursday said that discussion with Sri Lanka on the debt repayment postponement sought by it is progressing and technical level discussions were underway.
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Pakistan to avail Rs 335 billion debt relief from G20 to mitigate negative
Updated : 5 years, 8 months ago IST
Islamabad [Pakistan], July 6 (ANI): Pakistan will sign its debt relief agreement with G20 countries separately before the deadline of December 31, 2020, in order to avail debt relief of slightly over USD 2 billion (Rs 335 billion) to mitigate negative effects of COVID-19 pandemic, as per med
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Construction sector can help lead economic recovery: ILO
Updated : 5 years, 10 months ago IST
Geneva [Switzerland], May 12 (ANI): The construction sector may hold the key to kick-starting economies ravaged by the fallout from COVID-19 pandemic, the International Labour Organisation (ILO) has said.
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Expect Beijing to fulfill its G20 commitments to offer bilateral debt rel
Updated : 5 years, 10 months ago IST
Washington D.C [US], May 6 (ANI): A senior US diplomat On Wednesday said that US expects China to fulfil its G20 commitments to offer bilateral debt relief for low-income countries.
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Nearly half of global workforce at risk of losing livelihood: ILO
Updated : 5 years, 10 months ago IST
Geneva [Switzerland], May 1 (ANI): The continued sharp decline in working hours globally due to COVID-19 outbreak means that 1.6 billion workers in the informal economy -- that is nearly half of the global workforce -- stand in immediate danger of having their livelihoods destroyed, the Inte
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Covid-19 cases in Afghanistan surge to 714, IMF gives debt relief
Updated : 5 years, 11 months ago IST
Kabul [Afghanistan], April 14 (ANI): The Afghan Health Ministry said that 49 new COVID-19 cases have been registered in the country in the past 24 hours, which led the total cases surge to 714 on Tuesday.
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COVID-19 cases and deaths surging, debt relief needed for poorest nations:
Updated : 5 years, 11 months ago IST
Washington D.C. [USA], April 2 (ANI): The World Health Organization voiced deep concern on Wednesday about the rapid escalation and spread of COVID-19 cases from the new coronavirus, which has now reached 205 countries and territories across the globe.
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Punjab CM gives debt relief to over 1 lakh farmers
Updated : 7 years, 3 months ago IST
Patiala (Punjab) [India], Dec 7 (ANI): Punjab Chief Minister Captain Amarinder Singh on Friday gave debt relief against commercial bank loans to the tune of Rs 1771 crore to 1, 09,730 eligible marginal farmers in four districts. He has also announced the extension of the waiver scheme to far
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