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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
Pakistan forex reserves fall to less than a month’s import cover
SBP said that its foreign exchange reserves have decreased by $354 million to $4.2 billion as of the week ended March 24
Sri Lanka mulls domestic debt optimisation for financial stability
Central Bank of Sri Lanka said authorities are exploring options for domestic debt optimisation aimed at liquidity relief
Ukraine, IMF agree on USD 15.6 billion loan package
Ukraine and the International Monetary Fund have agreed on a USD 15.6 billion loan package aimed at shoring up government finances
IMF to approve $2.9 bn bailout package for Sri Lanka: Central bank governor
The IMF package will include budgetary support to Sri Lanka's government, which is a new element in IMF lending
IMF ‘satisfied’ with Pakistan but no deal this week
Pakistan's Finance Minister said that the IMF is "satisfied" with Pakistan's actions but the staff-level agreement cannot be signed this week
Pakistan has gone to IMF for bailouts 23 times in 75 years
A whopping number of 23 programmes clearly suggests that Pakistan is addicted to the Fund's tough love
Pakistan’s forex reserves barely enough to provide import cover for 18.5 days
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
Opinion: Will Pak go the Lanka way?
There is a stark similarity between what happened in 1971 and what is being experienced now.
Pakistan seeks US help to soften IMF terms
Pakistan has turned to US authorities asking them to use their diplomatic influence for convincing the IMF to soften loan conditions
Opinion: Emerging contours of global growth
For emerging markets and developing economies, the shocks of 2022 will “re-open economic wounds that were only partially healed following the pandemic”
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