Tag: Debt Trap

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Is Sri Lanka Heading Towards a ‘Muizzu’-like Chinese Puppet President?

Key TakeawaysSri Lanka may follow a similar path to the Maldives under Mohamed Muizzu, potentially becoming a Chinese puppet president.The election of Muizzu in...

The greatest challenge for Dr Pramod Sawant would be to reduce Goa’s Rs 31758 crore debt

Key TakeawaysThe greatest challenge for Goa is reducing a debt that swelled to Rs 31,758 crore in 2023.Dr Pramod Sawant must devise fiscal measures...

Crouching Tiger, Hidden Dragon battle over the jungle of the debt trapped Lion

Key TakeawaysSri Lanka's crisis stems from a USD 83 billion debt burden, with over half owed to foreign lenders.China's Debt Trap Diplomacy via the Belt and...