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...

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...

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...

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...

Pakistan's default risk worsens, credit default swap spikes to 93 pc

Nov 22, 2022

Pakistan's credit default swap (CDS) spikes by 30 percentage points in a week to 92.53 per cent ahead of debt repayment, amid political unrest.

Sri Lanka succumbs to China's debt-trap diplomacy: Report

Apr 12, 2022

Colombo [Sri Lanka], April 12 : Sri Lanka, a thriving island country with a population of 22 million, has succumbed to China's debt-trap diplomacy...