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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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    Bhutan: Floods Expose Phuentsholing’s Housing Crisis

    Officials from the Thromde and national agencies continue assessments, with calls for enhanced collaboration between government, development partners like ADB and UNDP, and local residents.
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    Nepal: RSP’s Alleged Media Blockade and Crackdown Spark Fears of Suppressed Dissent

    In a troubling escalation, vehicles linked to Nepal’s ruling Rastriya Swatantra Party blocked media offices, amid protests over a...

    Landslides Devastate Rohingya Camps in Bangladesh as Monsoon Risks Mount

    This tragedy underscores the need for sustained international support and policy shifts to protect a vulnerable population trapped in limbo.

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    Bhutan: Floods Expose Phuentsholing’s Housing Crisis

    Officials from the Thromde and national agencies continue assessments, with calls for enhanced collaboration between government, development partners like ADB and UNDP, and local residents.

    Nepal: RSP’s Alleged Media Blockade and Crackdown Spark Fears of Suppressed Dissent

    In a troubling escalation, vehicles linked to Nepal’s ruling...