The CPEC project that was commenced a decade ago was held as a harbinger of prosperity for Pakistan. However, seven years later, many projects under the CPEC still remain non-starters while some of those being operational have become liabilities and are incurring losses.
vegetable wholesaler was shot today at a vegetable market in Dwarka district, police said. The victim is out of danger and the police have arrested the accused.
In the first half of the fiscal year, Pakistan paid USD 10.21 billion in external debt servicing while in the same period of 2021-22, the country paid USD 6 billion, State Bank of Pakistan's (SBP) data showed.
Retorting to Telangana Chief Minister K Chandrasekhar Rao's statement of dubbing Prime Minister Narendra Modi's ambitious target of reaching a USD 5 trillion economy as a "joke", Union Finance Minister Nirmala Sitharaman on Thursday said that the debt of the State crossed Rs 3 lakh crores fr
Witnessing the living example of Sri Lanka's economic crisis, African countries, which are caught in China's soft loan trap, are fearing that Beijing won't bail them out, Pardafas.com reported.
Consumers who are honest about their level of debt and join peer-supported debt counselling groups are more likely to get their finances in order than those who keep it a secret, according to a new study in the Journal of Marketing Research co-authored by Ivey Business School professor Miran
New Delhi [India], February 15 (ANI/NewsVoir): Dubai-based digital debt collection and risk management start-up, Datacultr, announced that its innovative Credit Recovery Operating System has helped banks and financial institutions secure 1.9 million loans worth over USD 380 million in 2022.
A sovereign green bond is a debt investment instrument issued by the central or state government to borrow money from investors with the commitment that the mobilized fund will be spent on climate or ecosystem-related activities.
The US central bank said 23 banks will be tested this year against a severe global recession with heightened stress in both commercial and residential real estate markets, as well as in corporate debt markets.
EXIM Bank of China, as the official bilateral creditor, provided a financing support document to the Ministry of Finance, Economic Stabilisation and National Policies of Sri Lanka, saying it is going to provide an extension on the debt service due in 2022 and 2023.