SHANGAI: China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from ...

Pakistan has requested China to reschedule another $3.4 billion worth of official and guaranteed debt for two years, which is ...

Economists from the International Monetary Fund (IMF) recently announced that global public debt would soon collectively catch up to the worldwide gross domestic product (GDP), likely matching it by ...

Two and a half years after Sri Lanka announced a sovereign default on all its foreign debt of about $51 billion and sought a ...

The US has written off more than $1.1 billion of Somalia’s debt, signalling Mogadishu’s continued wins in the international ...

China last week unveiled some of its most ambitious plans in years to lift local government debt and boost its economy, following a meeting of lawmakers eyeing the possibility of intensified trade ...

The International Monetary Fund, however, estimates debts of LGVFs amounted to 60 trillion yuan at the end of 2023, or 47.6% ...

Moses Kuria raised concerns over the high interest the government pays domestic debt holders of Treasury Bills and Bonds, ...

On November 4, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV Consultation1 with Lao People’s Democratic Republic.

BEIJING - China kicked off a fresh round of fiscal support on Friday for its sputtering economy with a package that eases ...