US Treasury Secretary Scott Bessent is meeting with global finance ministers in Asheville this week. He aims to focus discussions on econom...

MTNL's liabilities have reached approximately forty thousand crore rupees by fiscal year 2025-26. Government measures have helped MTNL beco...

Venezuela faces a massive debt restructuring with creditors holding diverse claims. The nation's debt is estimated between $150 billion and...

As the United States tightens its hold on Venezuela's oil shipments, a ripple effect is emerging across geopolitical lines. The alteration ...

Sri Lanka has reached a long-delayed debt restructuring pact with its international and local sovereign bondholders. This comes after consu...

The GSDR report sheds light on ongoing discussions with Credit Rating Agencies (CRAs) regarding their approach to various debt restructurin...

An IMF analysis suggests that several low-income countries (LICs) have been at high risk of debt distress or are in debt distress. Between ...

The island nation is asking foreign investors in its international sovereign bonds to take a 30% haircut and is seeking similar concessions...

As government defaults rise to a record in the developing world, the debate is growing frantic over how to solve these debt crises. Restruc...

Beijing's refusal to budge on this issue is a major roadblock to debt relief for cash-strapped countries wanting to use the framework to ac...

"It is basically to discuss issues that have been impeding reaching a timely debt restructuring process, and the lessons from the cases tha...

The downgrade comes at a time when the Central Bank governor P Nandalal Weerasinghe conceded on Thursday that Sri Lanka won't be able to pa...

The share of debt issued by developing nations in their local markets has risen from 31% to 46% over the past two decades, the IMF's Peter ...

India voted in favour of a draft resolution on 'Basic Principles on Sovereign Debt Restructuring Processes' in the General Assembly yesterd...

There is also the possibility that a portion of the debt may be written off, with the creditors accepting a haircut.

Greece will probably have to restructure its debt again and this may involve bailout partners such as European governments, said S&P's Mori...

Standard & Poor's has downgraded the sovereign ratings of Greece to "selective default", citing the crisis-hit nation's move towards "distr...