To assist municipal debt issuers and other stakeholders in the municipal debt market, SEBI Whole-Time Member Ashwani Bhatia launched an information database including a repository of information pertaining to municipal bonds on its website.
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.
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.
Kerala Chief Minister Pinarayi Vijayan on Saturday while inaugurating the Investors Meet attacked the Central government stating Centre's public debt is more than Kerala's. He also attacked the opposition for not attending the investor's meet.
The Philippines must keep in mind that Chinese investments are known to be predatory and opaque in nature, with terms that are heavily skewed against the recipient country.
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.
Moreover, the decline in population lays bare the country's falling birthrate, a trend that experts said was exacerbated by the pandemic and will threaten its growth over the long term. The 3 per cent growth rate, the second weakest since 1976, reflects the stifling effect of the government'
According to TRC, China has stepped up its Buddhist outreach to Sri Lanka, which remains a major Buddhist nation and is also targeted by Beijing under its Debt-Trap Diplomacy.
The Delhi Metro Rail Corporation (DMRC) on Thursday told the Delhi High Court that a request has been made to its shareholders, Ministry of Housing and Urban Affairs (MOHUA) and Delhi Government to provide a sum of Rs 3565.64 Crore as interest-free subordinate debt at an early date.