"imf"

According to him, 45 per cent of the World Bank financing will go towards climate efforts.

He added that tough decisions had to be taken to set in the reforms to correct the economic wrongs of the past.

Sri Lanka had recorded a minus 8 per cent growth when it declared bankruptcy in April 2022

IMF staff directed Pakistan to devise a clear policy to detect 'suspicious transactions' in tax crimes

Pakistan's caretaker government and the IMF have reached a consensus on backup measures to be activated by the year's end

Imposing a total ban on cryptocurrencies is neither feasible nor desirable because large investments have already been made in such instruments

Growth optimism must be tempered with harsh ground realities —resurging inflation and unemployment

BRICS does often act more as a geopolitical entity than an economic one, and the addition of newer members would aid in countering the Western clout

The IMF is seeking a 100 per cent 'rise' in the gas tariff to minimize the losses and circular debt in Pakistan's gas sector.

Sri Lanka and the IMF have reached a crucial staff-level agreement to release the second tranche of about USD 330 million out of the USD 2.9 billion bailout package

The adoption of crypto roadmap by finance ministers and central bank governors of the G20 nations is a step in the right direction

The roundtable discussion was hosted by US Treasury Secretary Yellen.A high-level seminar on "Strengthening the Financial Capacity of MDBs" was also organised by the G20 India Presidency.

Now that the US has exited Afghanistan and is determined to check the rise of China, Pakistan has lost its geopolitical appeal for its big donor

Meanwhile the IMF has said that the further relief aid requires the completion of financing reviews after analysing the country's record since the first injection of 330 million US dollars, approved in late march.

Cash-strapped Pakistan is seeking around USD 11 billion from China and Saudi Arabia as part of efforts to fill external and domestic resource gaps

Sri Lanka was banking on the release of the second tranche of around USD 330 million at the end of the review as stated by State Minister of Finance Ranjith Siyambalapitiya last week.

Sri Lankan President Ranil Wickremesinghe will meet the officials of the International Monetary Fund

For a high saving rate economy, like the rest of Asia, he said, a modern, efficient, and soundly functioning financial sector is essential for mobilising the resource requirements of India's developmental aspirations.

Pakistan has rejected a report claiming that it sold arms and ammunition to Ukraine in order to secure a crucial bailout package from the IMF

The petitioner pointed out how there was no mechanism to determine the prices of the products and that the increase in prices of petroleum products would lead to a new wave of inflation.