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Cash-strapped Sri Lanka gets parliamentary nod for domestic debt restructuring plan
Special session of Sri Lanka's Parliament on Saturday overwhelmingly approved the cash-strapped government's domestic debt restructuring (DDR) plan
Crisis-hit Pakistan strikes USD 3 billion bailout deal with IMF
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 spares banks in its $19.8 billion local debt restructuring plan
Sri Lanka is also seeking to reduce nearly $17 billion of its $41.5 billion foreign debt through restructuring
Pakistan PM Shehbaz Sharif asks IMF chief for early release of stalled bailout fund
Pakistan Prime Minister Shehbaz Sharif held a phone call with IMF Managing Director Kristalina Georgieva on Tuesday
IMF chief asks Pakistan PM Sharif to resolve policy differences before getting much-needed loan
IMF Managing Director Kristalina Georgieva has urged Pakistan's Prime Minister Shehbaz Sharif to resolve policy differences
Pakistan asks US to help revive stalled IMF programme
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 receives USD 1 billion from China
Cash-strapped Pakistan has received USD 1 billion from its close ally China to support its critically low foreign reserves
Moody’s warns of ‘highly uncertain’ funding prospects for Pakistan
Moody's Investors Service has warned that Pakistan's ability to secure loans from bilateral and multilateral partners will be severely constrained
Pakistan seeks fast-track refinancing of USD 1.3 billion loans from China
The request was made on Monday by Finance Minister Ishaq Dar during a meeting with China's Charge d'affaires Pang Chunxue
European leaders offer more aid to Tunisia amid efforts to curb migration
European leaders visiting Tunisia held out the promise of more than 1 billion euros in financial aid as well as investments
Pakistan to approach IMF for new programme
The coalition government has been negotiating with the Washington-based lender to revive its bailout programme since November
China to help Pakistan meet debt repayments worth $2.3 billion
Beijing had committed to help the country meet two crucial debt repayments in June worth $2.3 billion by providing fresh funds
Pakistan’s slant towards China, Iran seen as most likely reason for delay in IMF bailout
The cash-strapped nation of more than 220 million people has a history of violating the terms and conditions laid forth by the lender
Pakistan struggles to secure loans from global lenders
Pakistan government faced difficulties in obtaining funds from international partners and lenders during the first three quarters
IMF wants ‘more guarantees’ even as Pakistan PM insists all demands met
During the meetings between the Pakistani delegation and IMF staff and management, there was an agreement to maintain strong policies
Ukraine to receive financial assistance from IMF
Ukraine will receive a total of $4.5 billion from the International Monetary Fund this year as Russia continues its full scale invasion of Kiev
IMF lowers India’s growth projection to 5.9 pc for current fiscal
IMF on Tuesday lowered India's economic growth projection for the current fiscal to 5.9 per cent from 6.1 per cent earlier
Pakistan gets Saudi’s nod for additional USD 2 billion funding to secure IMF bailout
Cash-strapped Pakistan has received the nod for funding of an additional USD 2 billion in deposits from Saudi Arabia
Global economy heading for weakest period of growth since 1990: IMF chief
The global economy is heading for the weakest period of growth since 1990 as higher interest rates set by the world's top central banks
Pakistani rupee hits all-time low amid high default risk
The Pakistani rupee hit a new all-time low, at Rs 288 against the US dollar, on Tuesday in the interbank market
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