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“Nigeria must go cashless. It is a global policy, checking insecurity and fighting corruption": Central Bank of Nigeria Governor Godwin Emefiele
Sri Lanka's private creditors are not looking for authorities to impose a haircut on domestic debt but a re-profiling to ensure that gross financing targets are met, sources familiar with the situation said.
Sri Lanka's private creditors are not looking for authorities to impose a haircut on domestic debt but a re-profiling to ensure that gross financing targets are met, sources familiar with the situation said.
Sri Lanka's sovereign bond holders are not likely to agree to any deal without domestic debt re-structuring, a media report said, though the island's authorities are trying to avoid a second domestic re-structing with rupee debt already hit by depreciation and inflation.
Sri Lanka's CHEC Port City said China Harbour Engineering group had tied up with Saudi Arabia based Ajlan Brothers Holdings to invest in several projects in a special economic zone.