"If the payment did not go to the creditor country was there a technical default?"

The monies were part of a 22.9 million dollar foreign debt settlement due in September 2025.

The overall rate of inflation, as measured by the NCPI on a year-on-year basis, was 2.4 percent in March 2026,

Will see increasing pressure on their balance of payments due to the rise in energy prices

Global uncertainties, including geopolitical tensions, trade disruptions, and climate-related risks, pose challenges

Governors discuss potential benefits of promoting renminbi‑denominated settlements for trade

Even if conflict ends without re-escalating and the Strait of Hormuz fully reopens, risk environment has already changed

With support from significant growth in insurance and pension funding activities

Respondents reported a tight production environment, mainly attributed to raw material and fuel shortages, rising costs,

Sri Lanka announced a 100 billion rupee relief package.