IMF
- World
New Zealand Finance Minister to attend World Bank, IMF meetings in US
Auckland: Grant Robertson departs this evening for Washington DC to attend the spring meetings of the World Bank and the International Monetary Fund. The annual meetings bring together finance ministers, central bankers…
- Pakistan
Pakistan gets Saudi’s approval for USD 2 billion funding to secure IMF bailout
Islamabad: Cash-strapped Pakistan has received the nod for funding of up to USD 2 billion from Saudi Arabia, a move that will help the country secure the much-required bailout from the IMF,…
- India
India’s Tipping Point – The view from inside 7 Racecourse Road
Can anyone pinpoint the precise date on which India embarked on its economic reforms that enabled the country to transform from a USD 266 billion economy to a nearly USD 3 trillion…
- Middle East
Saudi Arabia signals readiness to provide more credit to Pakistan
Islamabad: Pakistan claimed that it received an indication from Saudi Arabia for additional loans that may help to break gridlock with the International Monetary Fund (IMF). “We have received an indication from…
- World
Sri Lanka settles India’s credit line from very 1st IMF tranche
Colombo: Sri Lanka has used the very first tranche of the IMF loan of $330 to repay part of Indian credit line. State Minister for Finance Ranjith Siyambalapitiya told media that $120…
- World
Pak gets USD 2 billion rollover deposits from China to get IMF bailout: Report
Islamabad: Cash-strapped Pakistan has received a rollover of USD 2 billion in deposits for a period of one year from its all-weather ally China to help Islamabad get a much-required bailout from…
- Pakistan
China rolls over $2bn deposits to Pakistan
Islamabad: China has granted a rollover of $2 billion State Administration of Foreign Exchange (SAFE) deposits to Pakistan for one year, Finance Minister Ishaq Dar confirmed. It was one of the requirements…
- Pakistan
Pak finance minister says technical reasons behind delay in deal
Islamabad: Pakistan’s Finance Minister Ishaq Dar said on Monday that certain technical reasons were behind the delay in an agreement with the IMF as he clarified that his recent remarks about the…
- World
SL President assures external creditors of transparency in resolving debt crisis
Colombo: Sri Lanka President Ranil Wickremesinghe has assured the island nation’s external creditors of maintaining full transparency in resolving the debt crisis and getting the country back on track. Awaiting the much-needed…
- World
Sri Lanka’s only solution to economic crisis is turning to IMF, says Wickremesinghe
Colombo: Sri Lankan President Ranil Wickremesinghe on Tuesday emphasised that seeking the IMF bailout package was the only option available to the debt-ridden country to overcome the ongoing economic crisis. “When a…
- Pakistan
Former Pak Finance Minister to be arrested for derailing IMF deal
Islamabad: The Pak Federal Investigation Agency (FIA) has sought permission from the Interior Ministry to arrest former Finance Minister Shaukat Tarin in a case pertaining to his alleged role in the derailment…
- Pakistan
‘IMF giving us tough time’, Pakistan rupee plunges after Shehbaz’s comments
Karachi: The Pakistani rupee on Friday plunged to a historic low against the US dollar after Prime Minister Shehbaz Sharif said that the International Monetary Fund (IMF) is giving Pakistan “a tough…