Page 8 - Foreign Debt News Today

Why the U.S. Economy cannot Re-Industrialize

Pakistan parliament dissolved, elections loom amid political turmoil. Imran Khan sidelined as caretaker government takes charge

Risk profiles of some countries on the continent were downgraded in the past six months by three foreign agencies.

Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign reserves and to emerge from last year’s unprecedented economic crisis

A year after the start of the crisis, life looks normal in Colombo but is the country out of the woods?

Former President Muhammadu Buhari, in May, requested Senate approval to obtain a loan facility of $800m from the World Bank to be distributed to poor and vulnerable households.

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

Barring any last-minute change in plan, the names of members of some select committees of the Senate will be announced this week, Sunday PUNCH

Yellens recent visit to China has acknowledged concern about new export controls recently announced by China and stressed the importance of building resilient and diversified supply chains.

Sri Lanka is asking foreign investors in its international sovereign bonds to take a 30% haircut and is seeking similar concessions from holders of its other dollar-denominated bonds as it seeks to restructure its massive debt, its central bank governor said on Thursday. The government will also exchange treasury bills into long-term bonds as part of a domestic debt restructuring programme, Nandalal Weerasinghe told a press conference as he unveiled details of the long-awaited plan, which will ...