Search For "debt restructuring"
FM Sitharaman discusses debt restructuring with heads of World Bank, IMF
Updated : 3 years ago IST
Sitharaman co-chaired debt roundtable jointly with IMF MD Kristalina Georgieva and World Bank chief David Malpass. The G20 delegations also had a meeting with tech innovators at IISc.
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China warns US against "finger-pointing" Moscow-Beijing ties
Updated : 3 years ago IST
Speaking at a regular press conference, China's Foreign Ministry spokesperson Wang Wenbin said, "China-Russia comprehensive strategic partnership of coordination is built on the basis of non-alliance, non-confrontation and non-targeting of third countries, and is within the sovereign rights
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Pakistan's interest expenses increases, spends over PKR 3.2 trillion on de
Updated : 3 years, 1 month ago IST
With a net income of PKR 2.5 trillion, Pakistan's total spending on debt servicing and defence reached over PKR 3.2 trillion more than the government's net income.
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China plays catch-up with India in Sri Lanka; fails
Updated : 3 years, 1 month ago IST
This development comes a few days after India backed the island nation's efforts to secure a loan from the global lender, as the country seeks assurances that debt will be restructured as per the IMF programme.
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India will encourage greater investments in Sri Lankan economy: Jaishankar
Updated : 3 years, 1 month ago IST
EAM S Jaishankar on Friday expressed India's solidarity with Sri Lanka and said that New Delhi would encourage more significant investments in the Lankan economy, especially in the core areas like energy, tourism and infrastructure.
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Jaishankar discuss cooperation in infrastructure, connectivity, energy, wi
Updated : 3 years, 1 month ago IST
Jaishankar also conveyed India's commitment to increase investment flows to Sri Lanka to hasten its economic recovery.
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Jaishankar to embark on Sri Lanka visit today
Updated : 3 years, 1 month ago IST
External Affairs Minister, S Jaishankar will undertake an official visit to Sri Lanka from January 19-20, 2023.
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Sri Lankan President Wickremesinghe says debt restructuring talks with Ind
Updated : 3 years, 1 month ago IST
The announcement comes in the wake of External Affairs Minister S Jaishankar's visit to the island nation who will be visiting Maldives and Sri Lanka from January 18-20.
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Jaishankar likely to visit Sri Lanka next week
Updated : 3 years, 1 month ago IST
"India's Foreign Minister will be arriving in Sri Lanka next week. India is in debt restructuring discussions," Sri Lankan President Ranil Wickremesinghe said while addressing the "Pratibha Abhisheka 2022, on Wednesday.
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China acts as impediment to Sri Lanka's IMF deal
Updated : 3 years, 2 months ago IST
Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri Lanka's dire situation and a delay in concrete commitment from China, the island nation's largest bilateral lender. Sri Lanka seems to be missing its
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Sri Lanka likely to miss IMF deadline: Report
Updated : 3 years, 3 months ago IST
The Sri Lankan newspaper said if the country missed the December IMF deadline, it would have to wait for March 2023 to secure a USD 2.9 billion loan from the IMF in eight equal tranches.
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China's reluctance to accept proposed debt restructuring may deprive Sri L
Updated : 3 years, 3 months ago IST
Dr Saravanamuttu said that the IMF expected each creditor to be treated equally which China is unwilling to accept.
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