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Sunday, May 26, 2024

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Loan

World

China’s Waiver Of Interest-Free Loans To African Countries Is 1% Or Less Of Its Total Lending

Vaishali Shastri -
China’s loan waiver to African countries last month represents 1.1% or even less of Chinese lending to the countries, according to a study. China had...
Indian Ocean Region

IMF Team In Colombo For Assessing Sri Lanka’s Debt Burden

Staff -
The IMF is looking not only at the at the restructuring of Sri Lanka’s external debt but the huge domestic debt burden as well...
Indian Ocean Region

IMF Pays Seychelles Second Loan Instalment; No Year-End Bonuses For Workers Of State-Owned Enterprises

Staff -
The International Monetary Fund (IMF) has approved the second disbursement, a sum of $34 million, of its loan to Seychelles, even as the Cabinet...
Local News

Air Mauritius Exits Voluntary Administration With Rs 12 Billion Government Loan

Staff -
Air Mauritius has exited voluntary administration and is increasing flight capacity to cater for travellers from all over the world who are planning to...
Global

China Grips On Africa With Billion Of Dollars Loan To Various African Governments

Staff -
According to the John Hopkins University School of Advanced International Studies’ China-Africa Research Initiative, China signed 1,141 loan commitments worth $153 billion with various...
Global

Israel To Provide Loan Amount Of $150 Million To Palestine

Staff -
On Monday, Israeli officials stated that the country will lend the cash-strapped Palestinian Authority more than $150 million after the sides held their highest-level...
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