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...

Sri Lanka hails India's support in economic recovery, debt restructuring; calls for "durable solution" to fishermen's issue

Dec 16, 2024

Sri Lankan President Anura Kumara Dissanayake said, "We faced an unprecedented economic crisis some two years ago and India supported us immensely to come...

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...

Biden and McCarthy have 'productive' debt ceiling meeting, but no agreement yet

May 23, 2023

S President Joe Biden and Republican House Speaker Kevin McCarthy held a meeting over the country's debt ceiling but no deal has yet been...

UN calls for stronger multilateral solutions to deal with debt crisis

Dec 07, 2022

The event, which runs from December 5 to 7 in Geneva, takes place as a wave of global crises has led many developing countries...

Sri Lanka signs USD 5.8 billion debt restructuring deal with lender nations

Jun 26, 2024

As one of the co-chairs of the OCC, along with France and Japan, India has been steadfast in its commitment to the stabilisation, recovery...