Egypt’s economic crisis deepens as reform delays pile on fiscal and debt pressures
government debt
Latest in government debt
debt market
India bonds may figure in JPMorgan Index in 2024, says Pictet
Morgan Stanley estimated India’s inclusion into two out of three global bond indexes, including a JPMorgan developing market gauge, would drive $40 billion of inflows
debt market
BNP Paribas, Citigroup, Goldman Sachs among new debt market primary dealers appointed by Saudi Arabia
The move to rope in global financial institutions is aimed at further developing the country’s secondary debt market by diversifying the investor base
Colombo
Sri Lanka’s Rajapaksa seeks help from UAE, Qatar, Saudi Arabia and Oman over nation’s crisis
Vowing to stay in office and complete his term, Rajapaksa hopes Gulf nations can support Sri Lanka with long-term oil supply
budget deficit
Indian states’ rising debt seen posing challenge in medium term
Outstanding debt of states have risen over the last five years to 25% of gross domestic product, posing medium term challenges to its sustainability, according to the Reserve Bank of India