India's external debt rose by 8.2 per cent year-on-year to USD 620.7 billion as of March 2022, as per the Union Finance Ministry's 'Status Report on India's External Debt 2021-22'.
International Monetary Fund (IMF) has agreed to provide a 2.9 billion dollar extended facility to Sri Lanka for a four-year period, with conditions on debt restructuring and action on corruption.
EXAMIANS