"Despite winning awards for five years..." Mamata Banerjee attacks Centre on lack of funds

Aug 02, 2023

"Out of Political vendetta they have stopped our fund. They say state debt has increased but they never say how much debt has increased...

Is Laos next in line to fall victim to China's debt trap diplomacy?

Jul 08, 2024

A recent report suggests that the country's debt has nearly doubled, reaching USD 950 million in 2023, up from USD 507 million in 2022....

Pakistan's humungous internal borrowings push it towards a double debt crisis

Sep 06, 2024

Pakistan currently finds itself in a double-edged debt trap. The entire budget of the country goes into domestic and foreign debt servicing, which consumes...

World Bank says Sri Lanka's economic outlook uncertain, needs urgent policy measures

Apr 14, 2022

Colombo [Sri Lanka], April 14 : Sri Lanka needs urgent policy measures to address its high levels of debt and debt service, reduce the...

United States asks China to cooperate with Sri Lanka's debt structuring

Sep 12, 2022

Colombo [Sri Lanka], September 13 : A United States diplomat asked China to cooperate with Sri Lanka's debt restructuring and advised the island nation...

Pakistan among top 10 countries in list of largest external debt stocks

Oct 12, 2021

Islamabad [Pakistan], October 12 : Pakistan is among the top 10 countries that possess the largest external debt stocks and became eligible for the...