Unclear data on Chinese debts poses challenges for Sri Lanka's negotiations with IMF

Jul 23, 2022

Colombo [Sri Lanka], July 23 : Newly-appointed Sri Lankan President Ranil Wickremesinghe has a tough task ahead of him negotiating a financial lifeline...

Zambia's debt: Future of Chinese loan

Mar 30, 2021

Lusaka [Zambia], March 30 : Zambia became the first coronavirus-era debt default African nation that has borrowed heavy loans from China in recent years...

Djibouti struggles to repay Chinese loan, suspends debt repayments

Dec 12, 2022

The World Bank has in its latest report on Djibouti, stated that in 2022, Djibouti's debt servicing costs tripled to USD 184 million from...

RBI Governor pitches for global debt data sharing platform

Aug 11, 2023

Stating that high and unsustainable debt levels have severely constrained the fiscal capacity of many countries, Reserve Bank of India Governor Shaktikanta Das on...

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...

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...