Pakistan's gross debt to be 71.3 pc of GDP in 2022: IMF projection

Apr 22, 2022

Islamabad [Pakistan], April 22 : The Pakistan government's gross debt will decline from 74 pc of Gross Domestic Product (GDP) in 2021 to an...

Adani Green Energy raises USD 1.35 billion in one of Asia's largest project financing deals

Mar 18, 2021

Ahmedabad (Gujarat) [India], March 18 (ANI/PRNewswire): Adani Green Energy Limited (AGEL) raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio...

Kenya’s debt level reaches record high: Report

Aug 29, 2023

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...

BRICS+ nations are better prepared to manage future economic challenges than G7 nations: E&Y

Oct 02, 2024

The BRICS+ group of countries are better placed to fiscally combat any future major economic crisis, as the countries in the BRICS+ group have...

Nepal asks China to convert Pokhara airport loan into grant to ease financial burden

Mar 19, 2024

Nepal's Prime Minister Pushpa Kamal Dahal announced on Tuesday that diplomatic efforts have been initiated with China to convert a loan for Pokhara International...

China's lending practices push Maldives toward sovereign default

Mar 13, 2025

The Maldives is grappling with a mounting debt crisis that threatens its economic sovereignty, as foreign exchange reserves dwindle to precarious levels while substantial...