Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default
Posted inBanking and Financial Institutions China Communist Party of China Credit and Debt Developing Countries Economic Conditions and Trends Ethiopia Foreign Investments Ghana International Monetary Fund International Relations Politics and Government Sri Lanka United States International Relations World Bank

Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default

There was optimism at the spring meetings of the I.M.F. and World Bank that China will make concessions over restructuring its loans.
Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan
Posted inBanking and Financial Institutions China Colombo (Sri Lanka) Credit and Debt Disasters and Emergencies Economic Conditions and Trends India International Monetary Fund Rajapaksa, Gotabaya Sri Lanka Strikes Wickremesinghe, Ranil

Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan

The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.