5 results found
Amid rising debt, government bets that big infrastructure spending is not just growth-enhancing, but also popular
How Maldives controls its spiralling economic issues under the new leadership remains to be seen
This paper dissects the causes behind Pakistan’s ongoing economic crisis. The causes include dwindling forex reserves, the phenomenon of ‘galloping inflation’, a falling Pakistani Rupee, uncompetitive and undiversified export basket, burgeoning external debt, lack of fiscal prudence, debt distress, and a worsening business environment—all cascading to a balance of payment crisis. While austerity measures, appeals for loan rollover to debt
The likelihood of Pakistan defaulting on its foreign obligations this year appears more imminent than ever
After over a decade of unprecedented growth of Chinese finance, Africans are increasingly concerned over rising debt levels.
