"imf"

Protests in Pakistan continue to gain momentum with each passing day as hundreds of thousands of locals burn their electricity bills, rejecting the imposed high tariffs and taxes

IMF will conduct the first review of the USD 2.9 billion bailout to Sri Lanka from September 11-19, state minister of finance Ranjith Siyambalapitiya said

Governor Shaktikanta Das on Friday pitched for the "expeditious completion" of the general review of quotas at the International Monetary Fund

Pakistan is already struggling to keep up with IMF policies and these losses in production and services sectors are like an additional issue for the country

2023 is "very crucial" for the island nation as the International Monetary Fund is scheduled to hold its review meeting in September, Minister of Finance Shehan Semasinghe said

International Monetary Fund (IMF) authorised a USD 3 billion bailout plan for Pakistan on July 12

The deal officially combines the fifth and sixth reviews of a 30-month USD 44 billion loan programme that was agreed to in 2022

Underlying (core) inflation is projected to decline more gradually, and forecasts for inflation in 2024 have been revised upward

The Pakistan cabinet approved a hike in power tariff on the recommendation of the National Electric Power Regulatory Authority

Due to a lack of attention to these two big inflows, Pakistan lost considerably more than it received from IMF borrowings

Special session of Sri Lanka's Parliament on Saturday overwhelmingly approved the cash-strapped government's domestic debt restructuring (DDR) plan

IMF has agreed to inject USD 3 billion into the country's ailing economy after months-long negotiations that pushed it to the brink of default

Sri Lanka is also seeking to reduce nearly $17 billion of its $41.5 billion foreign debt through restructuring

Pakistan Prime Minister Shehbaz Sharif held a phone call with IMF Managing Director Kristalina Georgieva on Tuesday

IMF Managing Director Kristalina Georgieva has urged Pakistan's Prime Minister Shehbaz Sharif to resolve policy differences

Islamabad was asking the IMF staff to accomplish the pending 9th Review as a standalone for moving towards the release of $1.2 billion tranche

Cash-strapped Pakistan has received USD 1 billion from its close ally China to support its critically low foreign reserves

Moody's Investors Service has warned that Pakistan's ability to secure loans from bilateral and multilateral partners will be severely constrained

The request was made on Monday by Finance Minister Ishaq Dar during a meeting with China's Charge d'affaires Pang Chunxue

European leaders visiting Tunisia held out the promise of more than 1 billion euros in financial aid as well as investments