Fitch downgrades India's auto loan sector outlook on economic slowdown risks

Dec 13, 2022

High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.

Pakistan's public debt surges to Rs 40.3 trillion by end of October

Dec 07, 2021

Karachi [Pakistan], December 7 : Pakistan's public debt increased by 4 per cent at the end of October 2021, the central bank data showed...

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...

Maldives at "high risk" of external, overall debt distress, says IMF

Feb 08, 2024

Amid rising fiscal deficits and public debt,Maldives remains at "high risk" of external and overall debt distress, the International Monetary Fund (IMF) said in...

Pak pays over Rs 26 billion as interest cost to China to repay debt

Oct 30, 2021

Islamabad [Pakistan], October 30 : Bearing the cost of failure of the ruling governments in Pakistan, the country has had to pay over Rs...

Maldives at "high risk" of external, overall debt distress, says IMF

Feb 07, 2024

Amid rising fiscal deficits and public debt, Maldives remains at a "high risk" of external and overall debt distress, the International Monetary Fund (IMF)...