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...

FM Sitharaman calls for timely debt restructuring to counter global debt crisis

Apr 13, 2023

Sitharaman said this on the first day of the second G20 Finance Ministers and Central Bank Governors meeting held in Washington DC, which she...

Laos economic crisis intensifies amid Chinese debt

Oct 12, 2022

Vientiane [Laos], October 12 : The escalating debt crisis in Laos is pushing the country toward a meltdown and even experts believed that Vientiane...

Adani informs stock exchanges, its earnings growing at double rate of debt in last decade

Feb 14, 2023

Adani Group on Tuesday informed the stock exchanges that its earnings have been growing at double the rate of its overall debt in the...

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...

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...