Search For "public debt"
China lends over USD 21 billion more than previously thought to Pakistan:
Updated : 2 years, 4 months ago IST
AidData, a research institute at William and Mary University in the US, said that Pakistan's cumulative public debt exposure to China from 2000 to 2021 was USD 67.2 billion. The number surpassed the USD 46 billion recorded for the same period in the World Bank's International Debt Statistics
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Dubai Government reduces public debt by AED29 billion
Updated : 2 years, 5 months ago IST
The Public Debt Management Office (PDMO) of the Government of Dubai's Department of Finance (DOF) announced a reduction of approximately AED29 billion in Dubai's public debt by the end of this year. The achievement has been realised within a year and a half since the establishment of the off
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Kenya’s debt level reaches record high: Report
Updated : 2 years, 6 months ago IST
As per data, the total public debt of Kenya has risen by a record 10.8 billion US dollars to 70.75 billion US dollars, breaching the debt ceiling amount set in June 2022 by the parliament and exceeding the previous year's debt by more than 18 per cent.
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World Bank says Pakistan urgently needs foreign loans to avoid "public deb
Updated : 2 years, 11 months ago IST
The World Bank in its flagship report 'Pakistan Development Update' warned Pakistan regarding serious dangers to its economic and debt viability while predicting almost flat economic growth.
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Pakistan's debt sustainability indicators worsen, public debt rose signifi
Updated : 2 years, 11 months ago IST
Moreover, with heightening currency risks simultaneously with the rupee sinking, foreign countries are shying away from extending loans to Pakistan, reported The Express Tribune.
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IMF-Ranil deal may strengthen pro-China forces in Sri Lanka: Report
Updated : 2 years, 11 months ago IST
Most Sri Lankans believe that Ranil's government is protecting a corrupt regime.
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Centre's public debt is higher than Kerala's, alleges CM Pinarayi Vijayan
Updated : 3 years, 1 month ago IST
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.
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Experts draw lessons learned from Sri Lanka's economic crisis
Updated : 3 years, 4 months ago IST
Focusing on deep-rooted, long-term economic vulnerabilities that led to sovereign default in Sri Lanka - the first time in the country's history - Umesh Moramudali, a Lecturer at the University of Colombo and Researcher on Public Debt & Development, pondered why Sri Lanka had come to thi
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Chinese officials in poor countries face unpleasant jobs as debt collector
Updated : 3 years, 5 months ago IST
Beijing [China], October 9 (ANI): Across much of the developing world, China finds itself in an uncomfortable position as the world's debt collector amid rising inflation and a weakening global economy.
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China spreading its debt tentacles in Central Asia
Updated : 3 years, 6 months ago IST
Beijing [China], September 11 (ANI): China's influence has been quietly expanding in a more pervasive way in Central Asia. Since 2000, Beijing has been expanding its lending activities in Central Asia.
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Cyril Amarchand Mangaldas advises Navi Finserv in Relation to Issuance of
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], July 19 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Navi Finserv Limited (Navi Finserv), in relation to its maiden public issue of secured, rated, listed & redeemable non-convertible debentures (NCDs) to raise INR 495 crore.
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Geneva: NGOs raise concern over rising public debt in developing countries
Updated : 3 years, 8 months ago IST
Geneva [Switzerland], June 30 (ANI): A number of non-government organizations (NGOs) have raised concern over rising public debt among the developing nations and China's debt-trap policy.
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