[ad_1] The archipelago, famed for its white-sand beaches and where tourism accounts for nearly a third of the economy, has recovered economically from the COVID-19 pandemic.But while a planned airport expansion and an increase in hotels are projected to boost growth,...
[ad_1] Somalia on Wednesday secured a $4.5 billion debt relief deal with international creditors.The deal is part of the Heavily Indebted Poor Countries initiative, a debt forgiveness program overseen by the International Monetary Fund and World Bank.Somalia’s...
[ad_1] Image Source : FILE Sebi plans to introduce ‘fast track’ concept for public issuance of debt securities Sebi is set to introduce the concept of ‘fast track’ public issuance for debt securities and further reduce the face value of debt...
[ad_1] By AFP COLOMBO: Sri Lanka’s inflation more than doubled to 3.4 per cent in November, the statistics office said Thursday, a day after Colombo announced a deal to restructure nearly $6 billion in bilateral debt. The benchmark Colombo Consumer Price Index...
[ad_1] By PTI COLOMBO: Sri Lanka is close to securing a statement of agreement from its external creditors on debt restructuring that will enable the IMF to conclude its first review of the USD 2.4 billion bailout facility approved in March this year, President Ranil...