muscles

Saudi Arabia’s PIF raises $11 billion in loans from banks

By admin1 on August 24, 2018 • ( 0 )

The development assumes significance because it essentially diversifies PIF’s sources of funds and it provides it with much needed financial muscles in its efforts to bring about Saudi Arabia’s Vision 2030 plan, which aims to diversify the Kingdom’s markets and… Read More ›

Myanmar scales back Kyauk Pyu deepwater port fearing debt trap

By admin1 on August 2, 2018 • ( 0 )

Myanmar seems to have learned the lessons of China-back projects in Sri Lanka and Pakistan. Avoids walking into a debt trap. According to a top government official from Myanmar, the government is scaling back plans for a port project funded… Read More ›