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GHANA ECONOMIC RESTRUCTURING
The $80 million question: Can bond reward force Sri Lanka to improve governance?Sri Lanka's debt restructuring introduces a novel governance-linked bond, incentivizing improved financial management. This innovative inst...
Sri Lanka's bondholders sign off on $12.55 billion debt overhaulSri Lanka's bondholders overwhelmingly supported the government's debt restructuring proposal. The plan exchanges existing bonds for new in...
Charting the global economy: India can be the world's no.1 contributor to GDP growth by 2028A new era of global rearmament is gathering pace, and it will mean vast costs and some tough decisions for western governments already stru...
FM Sitharaman holds talks with US treasury secy Janet Yellen on bilateral cooperation, G20 prioritiesIndian Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen discussed global economic and financial issues at a meeti...
Developing countries in the grip of debt problemsZambia is making progress with a $6.3 billion debt rework deal with creditor nations and China. Sri Lanka has exchanged its dollar-denomina...
Yellen is visiting India yet again to promote closer ties and tackle global economic problemsU.S. Treasury Secretary, Janet Yellen, is set to meet finance ministers from the Group of 20 countries in India, following a trip to Beijin...
G20 to discuss international debt architecture, more loans to developing nationsThe finance ministers and central bank governors from the Group of 20 (G20) nations will also discuss a multilateral agreement on taxing co...
Charting the global economy: German growth outlook deterioratesThe consumer price rise in both the US and the UK was stronger than forecast in April, fueling bets of further rise in interest rates.
Janet Yellen says vigilant to downside economic risks, but don't 'overdo the negativism'Yellen, speaking at a news conference, pushed back against warnings by the International Monetary Fund of bigger risks associated with seve...
Economically stressed China stops funding big projects in AfricaIn Africa, Chinese bank financing for infrastructure projects under BRI fell from $11 billion in 2017 to $3.3 billion in 2020, said a repor...
Pakistan moves toward deal-or-default endgamePushed to the brink by last year's devastating floods, the South Asian nation has reserves of just $3.7 billion remaining, or barely enough...
Ghana faces economic distress: The role of Chinese lendingThe country’s finance ministry announced a suspension of all debt service payments on external govt debts, including foreign currency bonds...
Guardians of global economy to meet under cloud of historic recessionThe International Monetary Fund and World Bank will hold their annual meetings, with both calling on the Group of 20 largest economies to e...
Do away with farm loan waivers: Raghuram RajanOnly a subset of farmers get loans, It often goes to the best connected not most poorly off, said Rajan.
How India led NAM post-WWIIJawaharlal Nehru's Panchsheel principles or the five restraints to be used as a guide for the Sino-Indian relationship became the basis of ...
Westinghouse funding: MEA panel to finalize detailsCentre has set up an inter-agency committee to work out the details of the financing structure for six Westinghouse AP-1000 nuclear reactor...
PM Narendra Modi, Ghana president discuss developing infra in West AfricaPM Modi and President of Ghana John Dramani Mahama today discussed ways to develop robust infrastructure in the West African nation that re...