Gulf Times - borrowing
Oman said to cut borrowing plans as it turns to asset sales

Oman said to cut borrowing plans as it turns to asset sales

Oman plans to slash its borrowing requirements for 2019 by as much as 70% and rely on asset sales to plug one of the largest budget deficits among oil exporters, according to a senior government official.

Flood-ravaged Kerala seeks $1.4bn loan for reconstruction

Flood-ravaged Kerala seeks $1.4bn loan for reconstruction

The proposed loan is part of a special package that the southern state, which estimates it has suffered damage of at least 200bn rupees.