Pakistan – for the first time in its peacetime history – is on the verge of a sovereign default. While this is due to a host of factors, the root of the problem lies in imprudent economic and debt policies – in only 22 years, the nation’s gross public debt
Tag: Debt trap
Never worry about debt trap: Li Jiming
Chinese Ambassador to Bangladesh Li Jiming has said Bangladesh should never worry about bad debt or so-called debt trap, noting that Bangladesh has managed foreign debt very well with an excellent system in place. "I would say that you've managed foreign debt very, very well, and there's no such bad debt