Search For "external debt"
Sri Lanka's economic challenges amid Chinese pressure
Updated : 2 years, 7 months ago IST
Sri Lanka's total external debt exceeds USD 50 billion, with a significant portion, roughly 10 per cent, owed to China.
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Pakistanis must throw out beggar's bowl: Army Chief
Updated : 2 years, 10 months ago IST
Pakistan's Army Chief Syed Asim Munir underlined the need to make the country self-reliant to end the dependency on foreign loans, which recently the cash-strapped nation secured with the International Monetary Fund (IMF).
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Pakistan has to repay USD 2.44bn external debt in July 2023
Updated : 2 years, 10 months ago IST
According to official information made accessible to The News, Pakistan must pay back the Kingdom of Saudi Arabia USD 195 million for the current month. According to The News International, Pakistan is required to repay China around USD 363 million in guaranteed bilateral loans, including
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Pakistan finance minister hints at 'Plan B' as IMF loan remains locked
Updated : 2 years, 11 months ago IST
While addressing the post-budget news conference, Dar ruled out any talks about restructuring external debt with multilateral agencies or Paris Club.
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China's actions exacerbating Pakistan's debt issue
Updated : 2 years, 11 months ago IST
By December 2022, Pakistan's external debt had reached USD 126 billion; accounting for 35 per cent of its GDP. The problem is an outcome of legacy issues plaguing the Pak economy including dwindling foreign exchange reserves, high inflation, a lack of foreign investments and balance of payme
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Pakistan reeling from its worst economic, political crises: Report
Updated : 2 years, 11 months ago IST
Pakistan's Ministry of Finance has warned of challenges originating from uncertain external and domestic economic environments, including higher inflation and external debt repayments, due to lesser foreign exchange inflows, according to Geo News.
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Pakistan listed in countries which are under enormous debt stress
Updated : 3 years ago IST
Economic and financial analyst Ateeq ur Rahman said that Pakistan needs to get rid of such circumstances as soon as possible.
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Amid rising external debt, Egypt planning to swap strategic assets with Ch
Updated : 3 years, 1 month ago IST
It is believed that Egypt's move to swap its debt with China for strategic assets could be a part of its plan to disinvest state-backed assets, reported The Singapore Post.
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Kenya's President Ruto embraces West as ties with China strains
Updated : 3 years, 1 month ago IST
Since the new administration assumed office last September, Ruto's several visits outside Africa have largely been to Western nations, including the US (twice), the UK, France, Belgium, and Germany.
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Pakistan govt's debt jumped by PKR 4 trillion in January 2023
Updated : 3 years, 2 months ago IST
Meanwhile, domestic debt rose to PKR 34.3 trillion by January end, 3.4 per cent higher than a month ago and around 25 per cent higher than the year-ago figure.
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Pitfalls of Chinese investments in Sri Lanka
Updated : 3 years, 2 months ago IST
China's external lending and even private corporation's activities abroad are dictated by political considerations. Its foreign investment has become a tool for buying geopolitical influence with a detrimental impact on the targeted country's fragile democratic machinery as well as the local
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Pakistan's external debt servicing jumps by 70pc
Updated : 3 years, 3 months ago IST
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.
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