New Delhi, July 13 (IANS) India’s road infrastructure developers are targeting asset monetisation worth around Rs 40,000 crore through Infrastructure Investment Trusts (InvITs) in FY27 as they seek to unlock capital, reduce leverage and support future expansion, according to a report released on Monday.The report by Brickwork Ratings highlighted that the sector is also aiming for the award of nearly 10,000 km of new highway, expressway and high-speed corridor projects during the financial year, …
Latest Debt Servicing News & Updates
Islamabad, July 2 (IANS) Pakistan’s federal budget for Fiscal Year (FY) 2026-27 has prioritised military spending over public welfare by increasing defence spending by 18 per cent to three trillion Pakistani Rupees (PK), showcasing the armed offers as the clear winner during attempts to meet economic stabilisation targets. The budget offers little to the human resources that actually drive economic growth. “The combined federal allocations for higher education, primary schooling, and healthcare …
New Delhi, April 6 (IANS) Pakistan’s total public debt rose from Rs 71 trillion to Rs 80.5 trillion in 360 days, a government fiscal summary shows — a Rs 9 trillion increase across a period the government has described as one of economic stabilisation — a new report has said.According to a report published in The News International, the increase translates to Rs 26 billion borrowed every day, including 19 gazetted public holidays.Hourly, the government incurs Rs 1.08 billion in new debt. Moreo…