Pakistan's economic condition continues to deteriorate due to 'deep debt'

May 27, 2022

Islamabad [Pakistan], May 27 : Pakistan is one of the fifty-two countries facing a severe debt crisis and the repayment and servicing of external...

African countries trapped in debt circle as China applies brakes in lending

Nov 03, 2022

African countries feel that they have been trapped in Beijing's debt circle after China showed reluctance in lending financial support to them and diplomatic...

Amidst massive protests over electricity prices, Pakistan seeks reprofiling of its international debt with China

Aug 04, 2024

Debt reprofiling is a strategy used to restructure a country's existing debt obligations. It involves extending the maturity dates of debt, reducing interest rates...

Africa in desperate need for alternatives to tackle China's debts

Nov 06, 2022

As the global economy is moving towards recession, African countries, where China has leveraged lopsided loans for geopolitical gain, are in debt distress and...

China's debt-trap diplomacy: Kenya offered 'debt repayment holiday' for 6 months worth USD 245 million

Feb 16, 2021

Beijing [China], February 16 : In yet another example of China's debt-trap diplomacy, Kenya has been roped in a deal with a six-month debt...

Discussion on with Sri Lanka concerning debt repayment moratorium: MEA

Jul 09, 2020

New Delhi [India], July 9 : India on Thursday said that discussion with Sri Lanka on the debt repayment postponement sought by it is...