Search For "foreign debt"
Laos economic crisis intensifies amid Chinese debt
Updated : 3 years, 5 months ago IST
Vientiane [Laos], October 12 (ANI): The escalating debt crisis in Laos is pushing the country toward a meltdown and even experts believed that Vientiane is on the brink of loan default.
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Laos debt pressure on rise, owes large sum of foreign debt to China: Exper
Updated : 3 years, 6 months ago IST
Nong Khai [Thailand], September 8 (ANI): The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign reserves and owes a hefty sum of foreign debt to China as the country is suffering from twin deficits, a senior economist at Thailand's Krungsri Re
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China's BRI isn't quite as lucrative as often advertised: Report
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], August 20 (ANI): Easy Chinese investment poured into BRI projects abroad isn't quite as lucrative as often publicized and sparsely generates sufficient revenue to justify the cost, according to Stockholm-based non-profit and non-partisan research and policy organization.
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Pakistan's rising debts, decreasing exchange reserves raise concern
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 14 (ANI): Pakistan is in economic turmoil as its foreign debts are rising while foreign exchange reserves are decreasing.
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Pakistan: Over USD 13 billion debt incurred in 10 months
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 25 (ANI): Pakistan's failure in handling its economy is an unpleasant result of its own actions as the country incurred a foreign debt of USD 13.033 billion from multiple financing sources in the first 10 months (July-April 2021-22) including USD 2.623 billion from
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Imran Khan's erstwhile government procured USD 52 billion in loans
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 16 (ANI): The erstwhile Pakistan Tehreek-e-Insaf (PTI) government tops the list amongst the last four administrations in the country with the highest external borrowing of around USD 52 billion in its three-year rule, a media report said.
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Structural weakness of Pakistani economy driving away investors: Report
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 3 (ANI): The long-standing structural weakness of Pakistan's economy, aggravated by the global challenges of the COVID-19 pandemic and the Ukraine-Russia war, is scaring away the investors in the country, according to a media report.
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Pakistan's sinking economy needs fixing to undo damage done by Imran Khan
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 3 (ANI): Pakistan's sinking economy needs fixing to undo the damage left behind by the "player-playboy-turned-Islamist in democrat's garb Imran Khan" at the end of his three-and-a-half-year long misrule, reported a think tank, Policy Research Group (POREG).
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Sri Lankan PM rejects calls for resignation; says 'I will go if I lose Par
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 27 (ANI): Amid nationwide protests and growing calls for his resignation, Sri Lanka Prime Minister Mahinda Rajapaksa has said that he will step down if he loses the majority in the Parliament.
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Will not resign, says Sri Lankan PM Rajapaksa amid economic crisis
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 27 (ANI): Amid the ongoing economic crisis, Sri Lanka's Prime Minister Mahinda Rajapaksa on Tuesday said he will not step down from his post.
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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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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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