Sri Lanka owes over $10 billion to its bilateral lenders, shows govt data. China, though not part of Official Creditors Committee, agrees to 'same terms' for debt it's owed by Colombo.
In an interaction with ThePrint team, High Commissioner Milinda Moragoda discussed topics including Sri Lanka's economic crisis and the need for a 'strategic partnership' with India.
Japanese Finance Minister Shunichi Suzuki said it would be ‘very nice’ if China were to join effort. He was speaking at news conference after G7 finance leaders' meet on Wednesday.
The Presidential office said that while the status change to 'low income country' won't happen, they will request eligibility for loans offered by International Development Association.
Wickremesinghe administration plans to submit a debt restructuring report to IMF by Aug. Showing it can repay debts & that it has the 'longevity to lead the country' will be key.
India cannot be blasé about change in any important capital in the world. Let's look at five key areas where US policy matters for India and how it may vary between Harris and Trump.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Troops patrolled up to Patrolling Point (PP) 10 on Monday. Though there are PP 10, 11, 12, 12A & 13 in Depsang Plains, it was decided that only one or two PPs would be patrolled.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
What’s PC & NPC in the graphic. There’s no OCC in it.