foreign debt Archives - Page 2 of 4

BSP: Gross international reserves declined to 2-month low of $93.95b in November

The country’s gross international reserves as declined to a two-month low of $93.95 billion as of end-November from $94.03 billion in October after the...

Balance of payments incurred $5.5-b deficit in 8 months; GIR fell to $97.4b

The country’s balance of payments position yielded a deficit of $572 million in August, a reversal of the $1-billion surplus registered a year ago...

August gross international reserves fell to two-year low of $99b

The country’s gross international reserves fell to a two-year low of $99.0 billion in August from $99.8 billion in July as the government settled...

Forex reserves down to $100.9b in June as BOP deficit hit $1.6b

The country’s balance of payments yielded a deficit of $1.6 billion in June, higher than the $312-million shortfall a year ago, as the government...

Non-payment by Russia an event of default, says Moody’s

PARIS, France—Moody’s ratings agency has confirmed that Russia defaulted on its foreign debt for the first time in a century, after bond holders did...

Foreign debt hits $109.8b on higher infra borrowings

The country’s foreign debt climbed by 3.1 percent or $3.3 billion in the first quarter to $109.8 billion from $106.4 billion in the fourth...

IMF: Sri Lanka aid contingent on fixing debt

WASHINGTON—The IMF said Thursday it is committed to helping crisis-battered Sri Lanka, but any aid program will be contingent on ensuring the nation’s unsustainable...

BOP registered a deficit of $415 million in April on increasing imports

The balance of payments, or the difference in value between payments into and out of the country, swung to a deficit of $415 million...

IMF asks cash-strapped Sri Lanka to ‘restructure’ foreign debt before finalization of bailout program

COLOMBO, Sri Lanka—The International Monetary Fund said on Wednesday that it has asked cash-strapped Sri Lanka to “restructure” its huge foreign debt before a...

Sri Lanka urged to increase taxes, devalue currency

COLOMBO, Sri Lanka—The International Monetary Fund warned crisis-hit Sri Lanka on Thursday that its foreign debt was “unsustainable,” and called for devaluation and higher...

BOP surplus fell 92% to settle at $1.35b last year

The country posted a balance of payments surplus of $1.35 billion in 2021, or 92 percent lower than the $16.02-billion surplus recorded in 2020,...

External debt still at prudent level

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said over the weekend the country’s foreign debt remained at a prudent level, with its ratio to...

Balance of payments incurs $1.94-b deficit

The country’s balance of payments position posted a deficit of $312 million in June, a reversal of the $80-million surplus recorded in the same...

Foreign reserves fell to $106B in June

The country’s gross international reserves level slipped to $106.08 billion as of end-June 2021 from $107.25 billion in May, on lower value of gold...

Tag: foreign debt

BSP: Gross international reserves declined to 2-month low of $93.95b in November

Balance of payments incurred $5.5-b deficit in 8 months; GIR fell to $97.4b

August gross international reserves fell to two-year low of $99b

Forex reserves down to $100.9b in June as BOP deficit hit $1.6b

Non-payment by Russia an event of default, says Moody’s

Foreign debt hits $109.8b on higher infra borrowings

IMF: Sri Lanka aid contingent on fixing debt

BOP registered a deficit of $415 million in April on increasing imports

IMF asks cash-strapped Sri Lanka to ‘restructure’ foreign debt before finalization of bailout program

Sri Lanka urged to increase taxes, devalue currency

BOP surplus fell 92% to settle at $1.35b last year

External debt still at prudent level

Balance of payments incurs $1.94-b deficit

Foreign reserves fell to $106B in June

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