Search For "debt"
Pakistan's reckless economic policies responsible for massive debt servici
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 26 (ANI): Pakistan's reckless economic policies and excessive overspending, mainly during former Prime Minister Imran Khan's regime, have led to unprecedented pressure on the country's debt servicing and are exasperating the ongoing economic crisis, a media report
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Sri Lanka minister says country in talks with China for debt refinancing
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 26 (ANI): After talks with International Monetary Fund (IMF) amid the ongoing economic crisis in the country, Sri Lanka's Mass Media Minister Nalaka Godahewa on Tuesday said that the country is in talks with China as well for refinancing its debt.
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IMF advises Sri Lanka to tighten monetary policy to overcome debt crisis
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 26 (ANI): International Monetary Fund (IMF) official on Tuesday advised Sri Lanka to tighten its monetary policy, raise taxes and adopt flexible exchange rates to overcome its debt crisis, according to a media report.
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Alternative Retail Investment Platform, IndiaP2P, delivers 17 per cent a y
Updated : 3 years, 11 months ago IST
Pune (Maharashtra) [India], April 25 (ANI/NewsVoir): RBI-regulated, high-yield debt investment platform, IndiaP2P, announces quarterly results, delivering > 17 per cent apy returns. With IndiaP2P, startup veteran Neha Juneja, along with investment and fintech specialists Ravinder Voomidising
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Sri Lanka to appoint advisors on debt restructuring in next 20 days
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 24 (ANI/Xinhua): Sri Lanka will appoint advisors to help with its debt restructuring in the next 20 days, Finance Minister Ali Sabry has said.
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Following Sri Lankan economy collapse, worries mount in Pakistan over Chin
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 24 (ANI): Drawing warning lessons from the collapsing Chinese-dominated economies of Sri Lanka and Nepal, the Shehbaz Sharif government has decided to scrap the China-Pakistan Economic Corridor Authority (CPECA) to arrest Pakistan's own slide towards a similar fat
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Maldives may face Sri Lanka-like economic crisis if not careful in taking
Updated : 3 years, 11 months ago IST
Male [Maldives], April 23 (ANI): Maldives and Sri Lanka-- two nations whose economies are heavily dependent on tourism-- suffered a big blow due to COVID-enforced regulations after the outbreak of the pandemic.
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China gets flak for pushing Sri Lankan economy into 'debt-trap'
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 22 (ANI): As Sri Lanka faces one of the worst economic crises, China has been widely criticized for pushing the Sri Lankan economy into its 'debt trap' and for predatory behaviour such as leasing out the port of Hambantota for 99 years.
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HarperCollins presents The Resilient Society: Economics After Covid by Mar
Updated : 3 years, 11 months ago IST
New Delhi [India], April 22 (ANI/PRNewswire): Praised by Nobel laureates and other economists of global renown, The Resilient Society is a timely and topical book.
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Pakistan's gross debt to be 71.3 pc of GDP in 2022: IMF projection
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 22 (ANI): The Pakistan government's gross debt will decline from 74 pc of Gross Domestic Product (GDP) in 2021 to an estimated 71.3 pc of GDP in 2022, according to International Monetary Fund (IMF) projections.
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Imran Khan's helicopter commute costs Pakistan PKR 550 mln
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 20 (ANI): Pakistan Finance Minister Miftah Ismail on Wednesday revealed that the former premier Imran Khan's helicopter commute from his Bani Gala home to the PM secretariat cost the national exchequer 550 million Pakistani rupees in three years and eight months,
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Pakistan: Political instability, policy paralysis exacerbating economic di
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 20 (ANI): Political instability and policy reform slippages are exacerbating the economic distress that Pakistan has been facing in the last few years according to a World Bank report.
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