Search For "debt"
Sri Lanka's weak regulatory frameworks responsible for China incurred debt
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 5 (ANI): As the debt crisis continues to grip the island nation of Sri Lanka, the root cause of problems behind the loans lent by China are weak regulatory frameworks in the country and weak circumspection exercised by politicians and public officials in making
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Reliance Power to raise long-term debt of up to Rs 1,200 cr
Updated : 3 years, 6 months ago IST
New Delhi [India], September 5 (ANI): Reliance Power along with its subsidiary entered into a Memorandum of Understanding (MoU) with Varde Partners for availing debt of up to Rs 1,200 crore (around USD 150 million).
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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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IMF's wake-up call to Pakistan: New CPEC investments pose risk to debt sus
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 4 (ANI): The International Monetary Fund (IMF) has reiterated that any new investments in the China-Pakistan Economic Corridor (CPEC) projects' could pose a risk to debt sustainability in Pakistan, media reports said.
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Chinese lending in Africa laced with ambitions to secure UNGA votes amid T
Updated : 3 years, 6 months ago IST
Beijing [China], September 4 (ANI): China's "debt diplomacy" in Africa is a deliberately created situation so that Beijing can force these poor states to vote with it in the UN General Assembly, support its positions on Taiwan or acquire valuable real estate in Africa that can be converted i
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Full transcript of Bangladesh PM Sheikh Hasina's interview with ANI
Updated : 3 years, 6 months ago IST
Dhaka [Bangladesh], September 4 (ANI): Bangladesh Prime Minister Sheikh Hasina, in an interview to ANI, said that the country believed in secularism and protecting minorities. She also expressed confidence that Bangladesh was safe from any debt-trap situation that Sri Lanka suffered.
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Borrowings by Telangana exceeded FRBM mandated limit, alleges Sitharaman
Updated : 3 years, 6 months ago IST
Kamareddy (Telangana) [India], September 2 (ANI): Union Finance Minister Nirmala Sitharaman during her visit to Telangana on Thursday launched an attack on the K. Chandrashekar Rao-led Telangana Rashtra Samithi government saying the state's overall borrowings were exceeding mandated limit
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Govt revenue rises to Rs 7.85 lakh crore in April-July period
Updated : 3 years, 6 months ago IST
New Delhi [India], September 1 (ANI): The Government of India received Rs 7,85,914 crore revenue in April-July period of the current financial year, which is 34.4 per cent of the budgetary estimate for the fiscal, as per the official data released on Thursday.
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China lures economically vulnerable nations through debt-trap diplomacy
Updated : 3 years, 6 months ago IST
Beijing [China], September 1 (ANI): China lures economically vulnerable countries by lending finances to them and then leaving the countries with no way to bail themselves out of debt or to make ends meet for their citizens, according to an analysis.
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Debt-ridden Sri Lanka reaches staff level agreement for USD 2.9 million de
Updated : 3 years, 6 months ago IST
Washington [US], September 1 (ANI): International Monetary Fund (IMF) staff and debt-ridden Sri Lankan authorities on Thursday reached a staff-level agreement to support Sri Lanka's economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about USD 2.9 billi
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China lures economically vulnerable nations through debt-trap diplomacy
Updated : 3 years, 7 months ago IST
Beijing [China], August 31 (ANI): China has been luring economically vulnerable and strategically significant nations by lending finances to them through the promise of several development projects, and has emerged as the third largest official creditor in the world.
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Afghanistan owes USD 1.4 billion in debt to foreign countries amid economi
Updated : 3 years, 7 months ago IST
Kabul [Afghanistan], August 31 (ANI): Amid the economic downturn in Afghanistan since the Taliban seized power, the country now owes USD 1.4 billion in debt to foreign countries and major financial institutions.
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