Search For "debt"
China vies for a foothold in Afghanistan through aid to Northern Province
Updated : 4 years, 2 months ago IST
Kabul [Afghanistan], January 23 (ANI): China vies for a foothold in Afghanistan through humanitarian aid to Northern Province as the war-ravaged country continues to face restrictions in getting assistance from other international donor agencies.
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Iran regains UN voting rights after paying off debt to organization: Repor
Updated : 4 years, 2 months ago IST
Tehran [Iran], January 23 (ANI/Sputnik): Iran has restored its right to vote in the UN General Assembly after paying off its debt to the organization from Iranian assets frozen in South Korea, Majid Takht-Ravanchi, Permanent Representative of the Islamic Republic of Iran to the United Nation
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Pak's current account deficit crosses USD 9 bn mark, analysts warn it may
Updated : 4 years, 2 months ago IST
Karachi [Pakistan], January 23 (ANI): Pakistan's current account deficit surpassed USD 9 billion in the first half of the ongoing fiscal year, accounting for 5.7 per cent of the gross domestic product and analysts have expressed concerns over this with some warning that rising current accoun
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China's booming fortunes in Africa reverses due to Beijing's changing pri
Updated : 4 years, 2 months ago IST
Beijing [China], January 20 (ANI): China's fortunes in Africa are changing with Beijing preoccupied with its slowing economy owning to the impact of the COVID-19 pandemic, trade war with the US and others factors, shifting its strategic priorities writes Sergio Restelli for the Inside Over.
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Pakistan's economic struggle continues under Imran Khan's PTI government
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 20 (ANI): Pakistan economic struggle has started to increase under Imran Khan's Pakistan Tehreek-e-Insaf (PTI) compounding with the increase in domestic inflation rates and external loan defaulting.
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Prominent Sri Lankan MP Wijeydasa Rajapakshe flays China over debt-trap di
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], January 20 (ANI): Prominent Sri Lankan Member of Parliament (MP) Dr Wijeydasa Rajapakshe has accused China of indulging in the economic invasion, corruption and debt-trap diplomacy in the island nation.
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India to help Sri Lanka with USD 2.4 billion to overcome financial crisis:
Updated : 4 years, 2 months ago IST
New Delhi [India], January 20 (ANI): As Sri Lanka is facing a serious financial crisis, India has stepped up and pledged a whopping USD 2.415 billion to the island nation to help overcome dire financial constraints caused by external debt payments and a lack of US dollars in the country for
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Pakistan's economy struggles under combined burden of external, domestic d
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 19 (ANI): Pakistan's economy struggles under the combined burden of external and domestic debt, spiraling inflation, sharply depreciating Rupee, widening trade deficit, and other macro and micro-economic parameters, shows a recent report.
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China's debt-trap diplomacy continues in Africa through Belt Road Initiati
Updated : 4 years, 2 months ago IST
Beijing [China], January 18 (ANI): China's debt-trap diplomacy continues in Africa through the Belt Road Initiative as it gains momentum in the continent through a slew of big infrastructural projects and the criticism of trapping African countries in debt by Chinese lenders is also coming t
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Sri Lanka struggles to repay loans, China's 'debt trap' for developing cou
Updated : 4 years, 2 months ago IST
Beijing [China], January 17 (ANI): China's loans to Sri Lanka have been a contentious subject, with fears that the government would struggle to repay them and that Beijing would use them to challenge India and US influence in the Indo-Pacific region.
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Chinese Foreign Minister's visit to Maldives, Sri Lanka generates fears of
Updated : 4 years, 2 months ago IST
Beijing [China], January 15 (ANI): Amid the continuous rise in COVID-19 cases driven by the Omicron variant across the world, Chinese Foreign Minister Wang Yi visited Maldives and Sri Lanka but failed to make gains as nationalist Sri Lankans and Maldivians felt that their sovereignty is bein
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Syria joins BRI as West continues to criticize Beijing for its debt trap t
Updated : 4 years, 2 months ago IST
Damascus [Syria], January 14 (ANI): Amid rising accusations against China for trapping countries in massive debts with larger infrastructure plans, Syria has joined Beijing's Belt and Road Initiative which Beijing says will open broad horizons of cooperation for the Middle-East country.
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