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Nepal's foreign minister visits China after calling on regional rival IndiaNepal's Foreign Minister Shisir Khanal met China's top diplomat following a recent visit to India, presenting a challenge for Beijing's reg...- Pakistan sees room to improve FY27 outlook after Iran war ends, says Finance Minister AurangzebPakistan's Finance Minister Muhammad Aurangzeb sees potential economic upsides for fiscal year 2027 following the end of the Iran conflict....
- Pakistan eyes more global bond issues, sees budget upside from Iran dealPakistan's Finance Minister Muhammad Aurangzeb stated it's too early to revise the budget despite potential economic improvements post-Iran...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- India plans special NCLT bench for cross-border insolvency cases to speed up resolutionsIndia plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...
- China extends repayment period of USD 2 billion loan to Pakistan by one yearChina has extended the repayment period of Pakistan's USD 2 billion loan by one year, easing Pakistan's financial burden. This extension co...
- USAID freeze could aid India in regionThis is primarily due to India, which accounts for the biggest share of South Asian borrowings and led G20 efforts to reduce debt distress ...
- Sri Lanka reaches deal on debt restructuring with bilateral creditors including India, China and FranceSri Lankan President Ranil Wickremesinghe announced a debt restructuring deal with India, France, Japan, and China, a critical step in econ...
- Sri Lanka, IMF reach staff level agreement on first review of bailoutSri Lanka and the International Monetary Fund (IMF) have reached an agreement on the first review of its extended fund facility arrangement...
- Sri Lanka says it has deal with China EXIM bank covering $4.2 billion of debtSri Lanka has reached an agreement with the Export-Import Bank of China to cover $4.2 billion of its outstanding debt. The country is facin...
- Explainer: What is China's position on restructuring debt owed by poor nations?China's Premier Li Qiang and other world leaders will meet to discuss how to provide debt relief to low-income countries and free up fundin...
- Sri Lanka's creditor nations to meet despite uncertainty on ChinaAs Sri Lanka's creditor nations prepare for their first meeting on Tuesday to co-ordinate restructuring of the Indian Ocean nation's debt, ...
- IMF board poised to approve $2.9 bln Sri Lanka bailout on March 20The IMF said its board will meet on March 20 to review a preliminary staff-level agreement first signed in September, offering a lifeline t...
- View: Countries seeking debt relief need faster debt restructuringCountries in distress have raised nearly half of their total public debt externally. In 2019, external public debt raised by LICs totalled ...
- China calls for 'joint action' in debt settlements at G20Liu Kun, China's finance minister, joined the meeting in Bengaluru via video link, a finance ministry statement said on Friday, ending spec...
- Sri Lanka needs bilateral creditor assurances to unlock $2.9 billion bailout, IMF saysThe island of 22 million people has been battling its worst economic turmoil since independence from Britain in 1948, which has forced it t...
- Sri Lanka postpones debt restructuring talks, hopes for IMF deal in DecemberThe island nation formally kicked off the talks in September after securing a preliminary $2.9 billion bailout with the International Monet...
- Creditor cooperation a must for Sri Lanka IMF programme: GovtAt an online engagement with the creditors, the government on Friday said that assurances from bilateral creditors are required as a prereq...
- Poor countries' debt rose 12% to record $860 bln in 2020: World BankThe G20 and Paris Club of official creditors launched a Common Framework for Debt Treatments last year to restructure unsustainable debt si...
- Pakistan to avail Rs 335 billion debt relief from G20 to mitigate negative effects of pandemicPakistani authorities sought help from the World Bank to develop a standard format for seeking debt relief from bilateral creditors but due...
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