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China has written off an unspecified amount of Zimbabwe s interest-free loans and pledged to help the Southern African country find a way out of its debt crisis, even as activists warned of a permanent debt trap. MORE..
20 Apr 2024 (10:47 AM)
State Minister of Finance Shehan Semasinghe says that the government is confident of reaching resolution with commercial creditors and the private bondholders which will enable Sri Lanka to be a debt sustainable country, as the engagements with them are underway. MORE..
19 Apr 2024 (6:07 PM)
Oil slipped on Friday after prices spiked earlier on reports that Israel had attacked Iran as market fears of a major escalation to hostilities in the Mideast appeared to ease. MORE..
19 Apr 2024 (6:14 PM)
Kenya s defence chief and nine other top brass died on Thursday in a military helicopter crash in a remote area of the country, President William Ruto said. MORE..
19 Apr 2024 (3:47 PM)
Sri Lanka has participated in the Global Sovereign Debt Roundtable (GSDR) in Washington DC, which brings together debtor countries and creditors, in a bid to build greater common understanding among key stakeholders on debt sustainability, debt restructuring challenges and ways to address them. MORE..
19 Apr 2024 (3:19 PM)
