This indicates a staggering 341% increase over the past 15 years, amounting to over $80 billion in new foreign loans. Such an astronomical rise in external debts not only signals deepening financial ...

The country’s external debt hit another all-time high of $130.18 billion as of end-June, inching up by 1.2 percent from ...

Governments aren’t doing enough to address their debt problems, and if they continue this inaction, the world economy will ...

Foreign holdings of U.S. Treasuries rose to a record high in July, while Japan's U.S. government bond assets fell to the ...

September, Sri Lanka will hold its first presidential election since the July 2022 popular uprising known as the Aragalaya, ...

Workers recruited from abroad sign “stay-or-pay” employment contracts and then wind up in mandatory arbitration with massive ...

Finance Minister Ali Pervez Malik said that Pakistan must meet all IMF conditions to secure the next loan tranche ...

The Philippines’ foreign debt jumped by more than $12 billion, or 10 percent, to surpass the $130-billion mark for the first ...

ZANZIBAR’S total debt currently stands at 1.187 trillion shillings, including a foreign debt of 15 billion US dollars ...

The Central Bank repaid $522 million in 2023 By Sanath Nanayakkare It is incorrect to claim that Sri Lanka is not repaying its foreign debt, the Ministry of Finance states on its official website in a ...

Sri Lanka’s Ministry of Finance, Economic Stabilisation and National Policies has issued a clarification on the country’s ...