KATHMANDU, May 9: The government is raising Rs 86 billion in domestic debt in the last quarter of the current fiscal year – FY2018/19, departing from the practice of mobilizing internal loans in multiple phases by publishing calendar typically at the beginning of a fiscal year.
AMMAN, April 8: Li Chengwen, ambassador for China-Arab States Cooperation Forum Affairs of China's Foreign Ministry, refuted on Sunday the criticism that China's Belt and Road Initiative (BRI) will create so-called "debt trap" for some participating countries.
CAMBODIA, Jan 2: Bopha should be in school but instead toils seven days a week in a searing brick kiln on the outskirts of Phnom Penh -- a 14-year-old trapped in debt bondage in a boom industry preying on the poverty of Cambodia's farmers.
Neighbors and earthquake victims of Jaffe, VDC 3, in the Tamakoshi area of Dolakha, Astha Magar and Kumar Karki had just returned from a planned trip to Sindhuli. The purpose of their travel was to purchase the required raw materials to continue their houses’ reconstruction process. Both of them were keen to keep its momentum and, thus, had also pooled all their money.
SIRAHA, March 23: Three months ago, Rebati Saday of Lahan-1 used her ring as collateral to obtain loan from her landlord for constructing toilet in front of her dilapidated hut. Unfortunately, she had to stall the construction of her toilet in lack of adequate money. She wandered from place to place seeking loan but to no avail. No one is ready to trust her.
DHADING, Feb 28: Even as winter is finally nearing its end, earthquake victims without homes are not yet breathing any sigh of relief. Those without shelter are already starting to worry about the next monsoon season.
SIRAHA, Feb 19: There is a row of thatched huts in an unregistered plot of land just beside the road in Dhangadhimai Municipality-3 of Siraha district. Sukani Saday and her family have been living in one of the huts.
KHOTANG, Feb 18: Leaving behind family and friends, they had departed Tribhuwan International Airport (TIA) with dreams of big fortunes. But they have returned barely alive and heavily in debt after paying huge ransoms to their kidnappers.
SAN FRANCISCO, August 27: Government spending in a recession can boost a country’s economy without permanently bloating its public debt, even if the debt is already quite large, researchers told an influential group of central bankers in Jackson, Wyoming, on Saturday.
HARKATTI, July 8: Nitu Devi Mandal is one of the target women of the Golden Thousand Days (Sunaula Hazar Din) project, which is being implemented in Siraha district. When she was pregnant, the local project management team recorded her name as one of the project beneficiaries.