"imf"

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 government faced difficulties in obtaining funds from international partners and lenders during the first three quarters

During the meetings between the Pakistani delegation and IMF staff and management, there was an agreement to maintain strong policies

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 on Tuesday lowered India's economic growth projection for the current fiscal to 5.9 per cent from 6.1 per cent earlier

Cash-strapped Pakistan has received the nod for funding of an additional USD 2 billion in deposits from Saudi Arabia

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

The Pakistani rupee hit a new all-time low, at Rs 288 against the US dollar, on Tuesday in the interbank market

SBP said that its foreign exchange reserves have decreased by $354 million to $4.2 billion as of the week ended March 24

Central Bank of Sri Lanka said authorities are exploring options for domestic debt optimisation aimed at liquidity relief

Ukraine and the International Monetary Fund have agreed on a USD 15.6 billion loan package aimed at shoring up government finances

The IMF package will include budgetary support to Sri Lanka's government, which is a new element in IMF lending

Pakistan's Finance Minister said that the IMF is "satisfied" with Pakistan's actions but the staff-level agreement cannot be signed this week

A whopping number of 23 programmes clearly suggests that Pakistan is addicted to the Fund's tough love

Due to foreign debt payments, the central bank said its reserves fell $592 million to $3,086.2 million during the week ended January 27

There is a stark similarity between what happened in 1971 and what is being experienced now.

Pakistan has turned to US authorities asking them to use their diplomatic influence for convincing the IMF to soften loan conditions

For emerging markets and developing economies, the shocks of 2022 will “re-open economic wounds that were only partially healed following the pandemic”

Now is not the time to push orthodox fiscal requirements. Instead, the IMF should prioritise global liquidity during these difficult economic conditions.

The country's central bank said that the fall in foreign exchange reserves was due to external debt and other payments.