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Friday, July 26, 2024
Ranil Wickremesinghe to contest Sri Lanka Presidential polls as independent candidate July 26, 2024 at 12:16AM
Ranil Wickremesinghe filed his nomination for the upcoming Sri Lankan presidential election as an independent candidate as his lawyers submitted a bail deposit on Friday. The election will be pivotal for Sri Lanka's economic recovery and debt restructuring program with international creditors, including progress involving countries such as India, France, Japan, and China.
Pakistan ministers in China, plead for debt relief July 25, 2024 at 11:05PM
During a visit to China, Pakistan finance minister Muhammad Aurangzeb met with Chinese counterpart Lan Fo'an to seek relief from Pakistan's power sector debts. The Pakistani delegation requested an eight-year extension for repaying energy debts, conversion of US dollar-based interest payments to Chinese currency, and reductions in interest rates for both CPEC and non-CPEC Chinese-funded projects.
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