Search result for 'foreign loan'

Former Sri Lankan President Ranil Wickremesinghe urges successor Anura Kumara Dissanayake to fully implement the 'vision document' signed with India last year, emphasizing economic partnership and...

The IMF has raised concerns about Pakistan's tax shortfall, delayed foreign loans, and inconsistencies in implementing the USD 7 billion loan package. The lender also flagged issues with Punjab's...

The IMF has raised concerns about Pakistan's tax shortfall, delayed foreign loans, and inconsistencies in the implementation of the USD 7 billion loan package.

India has completed 60 grant projects in Sri Lanka and is implementing more, emphasizing investment and grants over debt instruments to support the nation's economic recovery.

Sri Lanka's foreign minister warns renegotiating debt terms could jeopardise IMF bailout, impacting World Bank and ADB funding. Economic instability is a risk.

Pakistan plans to secure USD 12 billion in debt rollovers from China, Saudi Arabia, and the UAE to meet budget targets before IMF talks. The country is facing a significant external financing gap.

Sri Lanka President Wickremesinghe outlines plans to restructure debt, aiming for a moratorium until 2027 and full repayment by 2042, amidst ongoing IMF-backed reforms to revive the bankrupt economy.