IL&FS board upgrades estimates of debt addressed to over Rs 57,000 crore

Jul 20, 2020

Mumbai (Maharashtra) [India], July 20 : The new board of IL&FS Ltd on Monday shared an update on the progress of ongoing resolution process...

Dubai Government reduces public debt by AED29 billion

Sep 26, 2023

The Public Debt Management Office (PDMO) of the Government of Dubai's Department of Finance (DOF) announced a reduction of approximately AED29 billion in Dubai's...

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...

Chinese 'debt trap' adds to Sri Lanka, Pakistan crises

Apr 06, 2022

Tel Aviv [Israel], April 7 : The ongoing crisis in Sri Lanka and Pakistan, fueled by the economic mismanagement by the incumbent governments, has...

Pakistan's total external debt stocks by 2021 stood at USD 130.43 billion: World Bank

Dec 08, 2022

In its latest report "International Debt Report 2022, Updated International Debt Statistics," the World Bank said that the total external debt stocks were at...

Sri Lanka to seek IMF-supported program to manage debt repayment

Mar 21, 2022

Colombo [Sri Lanka], March 21 : Amid the ongoing economic crisis, Sri Lanka is seeking the help of the International Monetary Fund (IMF) to...