Search For "debt restructuring"
"India deeply values its relationship with US as a trusted partner..." Nir
Updated : 3 years, 4 months ago IST
Union Finance Minister Nirmala Sitharaman on Friday met US Treasury Secretary Janet Yellen and reiterated that "India deeply values its relationship with the US as a trusted partner."
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US Treasury Secy Yellen calls India a "natural ally", says G20 presidency
Updated : 3 years, 4 months ago IST
Ahead of India's G20 Presidency, set to begin on December 1, US Treasury Secretary, Janet Yellen on Friday said that New Delhi is a "natural ally" and stressed that India's G20 year is a chance to accelerate global coordination on debt restructuring.
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Pakistan's risk of default spikes to 13-year high of 52.8 per cent
Updated : 3 years, 4 months ago IST
Following the global rating agencies Moody's and Fitch downgrading Pakistan's credit rating in recent weeks, Islamabad's risk of default spiked to a 13-year high of 52.8 per cent.
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Pakistan not requested for 'debt swap' with China, says Bilawal
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 30 (ANI): Pakistan Foreign Minister Bilawal Bhutto Zardari on Thursday denied requesting any debt restructuring owed to China, despite the flood situation in the country.
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IMF bailout discussion on Sri Lanka debt restructuring still on lower pede
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 13 (ANI): Sri Lanka has reached an agreement with the International Monetary Funds (IMF) regarding debt restructuring which will start only after all Sri Lankan creditors agree to restructure their existing loans to the island nation. On the other hand, while C
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United States asks China to cooperate with Sri Lanka's debt structuring
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 13 (ANI): A United States diplomat asked China to cooperate with Sri Lanka's debt restructuring and advised the island nation to be responsible for future borrowings while agreeing to participate in the re-structuring of Sri Lanka's debt.
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China may disagree with Western creditors on Sri Lanka's debt restructurin
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 5 (ANI): China, Colombo's largest bilateral lender may disagree with Western creditors on Sri Lanka's debt restructuring.
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Sri Lankan President presents Interim Budget, says talks with IMF in final
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 30 (ANI): To provide relief to the Island nation amid the unprecedented economic crisis, Sri Lankan President Ranil Wickremesinghe on Tuesday presented the Interim Budget and said that the talks with International Monetary Fund is in final stage.
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China ducks Lanka's debt restructuring requests, makes sneaky UNHRC exit
Updated : 3 years, 6 months ago IST
Beijing [China], August 28 (ANI): While Sri Lanka awaits a response from China over Colombo's request for debt restructuring amid the economic turmoil, Beijing has downplayed these critical requests and instead put ahead the agenda of human rights in the island nation. This comes ahead of
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China dodges request on debt relief, says the ball is in Sri Lanka's court
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 27 (ANI): China, Colombo's largest bilateral lender dodged the request for debt relief and said that the ball is in Sri Lanka's court.
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China maintains deafening silence over Sri Lanka's debt restructuring requ
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 27 (ANI): Even as Sri Lankan President Ranil Wickremesinghe has requested China to restructure its debt amid a severe economic crisis and shrinking foreign reserves, Beijing has chosen to maintain a deafening silence which reveals how disinterested the country is
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Sri Lankan PM Wickremesinghe requests China for debt restructuring amid ec
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 25 (ANI): Amid economic turmoil, Sri Lankan President Ranil Wickremesinghe urged China on Thursday to restructure its debt as Beijing is Colombo's largest bilateral lender.
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