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    Tag:loan

    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 Confident of “Smoother” IMF Second Review, Says Minister

    An IMF mission is expected visit Sri Lanka on March 7 and will engage in the review of second tranche of the $3 billion...

    Sri Lanka, China Discussing Debt Treatment, Says Minister

    Chinese loans to Sri Lanka account for about 10 per cent of the country’s total debts and China could even provide fresh loans for...

    Why is India’s financial aid offer to Sri Lanka getting delayed?

    Sri Lankan finance minister Basil Rajapaksa’s visit to clinch a big-ticket loan from India has been postponed. Is this go-slow a deliberate strategy to...

    COVID-19 impacts Bangladesh banks’. Bad loans rise by 8 per cent in December

    In what clearly looks like a case of pandemic blues, cases of default on bank loans have been pushed up by 8 per cent...

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    UN Agencies Sound Alarm as Record-Breaking El Niño Threatens Global Humanitarian Crisis

    The UN appeal comes at a moment when humanitarian funding is already stretched by multiple crises. While CERF has provided rapid support, broader donor commitments remain insufficient relative to the scale of projected need.
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    Sri Lanka Lays Foundation for Critical Groundwater Hub in Jaffna to Combat Salinity Crisis

    A Rs 189 million facility aims to monitor and protect the fragile aquifers that sustain nearly 600,000 people on...

    Silent Epidemic: Lead Exposure Steals Futures Across South Asia

    South Asia’s lead crisis is not inevitable. Experience elsewhere demonstrates that decisive regulation, industrial formalisation and community-level interventions can sharply reduce exposure.

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    UN Agencies Sound Alarm as Record-Breaking El Niño Threatens Global Humanitarian Crisis

    The UN appeal comes at a moment when humanitarian funding is already stretched by multiple crises. While CERF has provided rapid support, broader donor commitments remain insufficient relative to the scale of projected need.