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    Tag:debt

    India Writes Off $100 Million in Sri Lankan Debt as Modi Resets Bilateral Ties

    India played a key role as a co-chair in Sri Lanka’s overall debt restructuring discussions, making it a critical diplomatic player in the island nation’s path to financial recovery.

    Sri Lanka to Amend IMF-Backed Electricity Act Amid Policy Shift

    While the previous government’s reforms aimed at increasing transparency, efficiency, and private sector involvement, the Dissanayake administration appears to be prioritising a different approach, potentially curbing or modifying privatisation efforts.

    Nepal: Economic Prosperity vs. Rising Debt and Inflation

    With vegetable inflation exceeding 40 per cent, consumers face the brunt of soaring costs, while weak market monitoring and governance exacerbate the issue.

    Nepal’s Public Debt Soars: Reaching 44 per cent of GDP, Experts Urge Fiscal Prudence

    Nepal’s debt trajectory aligns with global trends among developing nations, which have seen rising public debt due to post-pandemic recovery efforts, inflationary pressures, and currency devaluations.

    Maldives: Muizzu Addresses Economic Stabilization Efforts, Commits to Avoid Printing Money

    The President revealed that the government had successfully recouped MVR 3.1 billion from various parties, contributing to a reduction in the overall national debt.

    Sri Lanka’s New Outsider President In With a Chance

    Despite riding a wave of anti-corruption and anti-establishment sentiment, Dissanayake’s promise to renegotiate some austerity measures entails great economic risk and is unlikely to...

    At UN ‘Summit of the Future’, Civil Society Demand Radical Changes to International Financial Architecture

    Currency devaluations have raised the cost of servicing external debt, in many instances, while governments have been forced by conditionalities imposed by international institutions...

    Sri Lanka Set to Announce Successful Completion of Debt Restructuring Programme

    With the global economic landscape evolving rapidly, the island nation's ability to manage its debt and implement effective economic policies will be closely watched...

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    Heifer International and ICA-AP Join Forces to Strengthen Farmer Cooperatives in Asia

    Formalized under the ICA-EU Financial Framework Partnership Agreement Phase 2, the MoU reflects a shared commitment to elevating smallholder farmers—especially women and youth—as stewards of agricultural transformation.
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    Nepal: President Leads National Paddy Day Celebrations, Calls for Agricultural Transformation

    President Paudel expressed concern over Nepal’s increasing reliance on imported rice and paddy. He underscored the importance of adopting climate-smart technologies and making use of domestic human resources to foster self-reliance in agriculture.

    US Eyes Big Wins in Pakistan’s Mining Sector

    Reaffirming the United States’ commitment to fostering commercial ties, the U.S. Mission in Pakistan announced its continued support for American businesses interested in operating within the country.

    Must read

    Heifer International and ICA-AP Join Forces to Strengthen Farmer Cooperatives in Asia

    Formalized under the ICA-EU Financial Framework Partnership Agreement Phase 2, the MoU reflects a shared commitment to elevating smallholder farmers—especially women and youth—as stewards of agricultural transformation.

    Nepal: President Leads National Paddy Day Celebrations, Calls for Agricultural Transformation

    President Paudel expressed concern over Nepal’s increasing reliance on imported rice and paddy. He underscored the importance of adopting climate-smart technologies and making use of domestic human resources to foster self-reliance in agriculture.