Pakistan International Airlines debt now rests on taxpayers shoulders

Feb 02, 2024

Islamabad: The government and banks have decided on a plan to restructure PIA's debt, totalling Rs268 billion. The Ministry of Finance, which initially didn't...

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...

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...

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...

Telangana has debt of Rs five lakh crores: Former Congress MP Deepa Dasmunsi

Sep 18, 2023

"Telangana was granted by UPA-2 government and was announced by Sonia Gandhi. However, we could not do what we wanted to give to Telangana,"...

"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...