Page 3 - Foreign Loans News Today

The dissolution of the Soviet Union and the defeat and isolation of Iraq, Iran's traditional archrival, has given Iran the opportunity to expand its influence.

Pakistan's state-owned entities together received over Pakistani Rupees (PKR) 458 billion in public funds to stay afloat as their combined loans and guarantees increased to almost 10 per cent of GDP PKR 5.4 trillion in FY21.

Private firms foreign loans: The amount of foreign loans availed by the private sector in Bangladesh has been swelling fast since 2020, creating a major headache for the country's economy at a time when its foreign exchange reserves are plummeting.

Systemic loopholes allowing irregularities in these projects

KUALA LUMPUR, Aug 26 — The claim that Malaysia owes a lot of money to Indonesia is not true as only 2.5 per cent of federal government debts are foreign-denominated, said Finance...

The Pakistan Muslim League-Nawaz (PML-N)-led federal government received a total of US$ 3.4 billion in loans from April 11, 2022 to June 30, 2022.

Bangladesh gravitated towards external borrowing to finance its budget deficit in fiscal 2021-22, leveraging the country's capacity to absorb more of the relatively economical foreign loans.

Myanmar's central bank has ordered local companies and banks to suspend and reschedule repayment of foreign loans, according to local media, its latest effort to exert control over foreign currency flows.

SBV is gathering feedback on a draft circular which stipulates conditions for enterprises to take out foreign loans without Government guarantees.

Sri Lanka is nearly bankrupt and has suspended repayment of about $7 billion in foreign loans due this year out of $25 billion to be repaid by 2026. The country's total foreign debt is $51 billion.