Over the past few years, the U.S. has accused China of using “debt diplomacy” to make developing nations across the world more dependent on Beijing. Most Read from BloombergPutin Says Ukraine Talks …
India open to additional $2 bln aid for Sri Lanka with eye on China – sources
MUMBAI/NEW DELHI — India is willing to commit up to another $2 billion in financial assistance to Sri Lanka while also supporting the island nation with food and fuel, five sources told Reuters, as …
Who can save Sri Lanka’s economy?
apparently after coming under pressure from his community supporters concerned he had been appointed to help rescue Rajapaksa’s Sinhalese Buddhist nationalist government that’s often accused of …
Bangladesh: Guiding Light for South Asia
When Sri Lanka faced problems, Bangladesh provided US$ 250 million for the first time. This was the first loan from Bangladesh for any country. They have again asked for a loan from Bangladesh.
Sri Lanka defaults on entire external debt of $51bn
COLOMBO: Ahead of an International Monetary Fund bailout, Sri Lanka defaulted on its foreign debt on Tuesday as protests over the economic crisis threatened to spread to the hinterland. The finance …
Sri Lanka defaults on entire external debt of $51bn
COLOMBO: Ahead of an International Monetary Fund bailout, Sri Lanka defaulted on its foreign debt on Tuesday as protests over the economic crisis threatened to spread to the hinterland. The finance …
Sri Lanka Suspends Foreign Debt Payments
On Tuesday, Sri Lanka’s finance ministry said a comprehensive restructuring of its outstanding foreign-denominated debt was required and that the government had approached the International Monetary …
Sri Lanka Suspends Foreign Debt Payments
On Tuesday, Sri Lanka’s finance ministry said a comprehensive restructuring of its outstanding foreign-denominated debt was required and that the government had approached the International Monetary …
Sri Lanka Suspends Foreign Debt Payments
On Tuesday, Sri Lanka’s finance ministry said a comprehensive restructuring of its outstanding foreign-denominated debt was required and that the government had approached the International Monetary …
Forex reserves declining in Nepal: Is the Himalayan kingdom going south the Sri Lanka way?
Nepalese economy seems to be heading south, the Sri Lankan way, as the Himalayan kingdom is facing a crisis that has sent the prices soaring and the foreign exchange reserves diving nose down. And …