IMF
- World
IMF chief pleased Sri Lanka reached staff-level deal for USD 2.9 billion
Colombo: The IMF chief Kristalina Georgieva on Sunday said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about USD 2.9 billion to…
- World
Pakistan owes 30% of its foreign debt to China
Islamabad: Pakistan owes 30 per cent of its foreign debt to China, the latest report from the International Monetary Fund (IMF) said, which includes state-owned commercial banks, local media reported. Bloomberg, citing…
- Pakistan
Pak may face protests, instability amid high food, fuel prices: IMF
Islamabad: As Pakistan’s inflation, which just hit a 47-year-high in August at over 27 per cent, is on an upward curve, the International Monetary Fund (IMF) has warned against protests and instability…
- World
Sri Lanka to privatise national carrier as it runs out of money
Colombo: Sri Lanka on Monday said it will privatise the country’s loss-making national carrier as the cash-strapped government “can no longer afford to inject money” into running the airline. The government is…
- World
Pakistan eyes crucial IMF board meeting on bailout package today
Islamabad: Pakistan is eyeing an important and crucial meeting of the executive board of the International Monetary Fund (IMF), which is to be held on Monday to take a decision on a…
- World
PTI plotting against IMF deal: Shehbaz Sharif
Islamabad: Self-centred politics can cause irreparable damage to Pakistan as unfortunately, a party is playing politics over the agreement with the International Monetary Fund (IMF) when the lender’s board meeting is around…
- World
Sri Lankan President Wickremesinghe to present interim budget on Aug 30
Colombo: Sri Lankan President Ranil Wickremesinghe who is also the finance minister will present an interim budget on August 30, seeking enhanced expenditure and borrowing limits for his cash-strapped government. The interim…
- Pakistan
Pakistan enslaved by IMF, laments PM Shehbaz Sharif
Peshawar: Pakistan Prime Minister Shehbaz Sharif on Thursday questioned the kind of independence enjoyed by the country when the nation is “economically enslaved” by the International Monetary Fund (IMF), media reports said.…
- Pakistan
Pakistan to sell assets in desperate attempt to prevent default
Islamabad: In a desperate attempt to save the country from default through emergency sale of state’s assets to foreign countries, the Pakistan federal cabinet has approved an ordinance to bypass all the…
- World
Pakistan assures IMF over CPEC energy deals: Report
Islamabad: Pakistan has assured the International Monetary Fund (IMF) that it would try to receive concessions from the Chinese investors participating in the China-Pakistan Economic Corridor (CPEC) power plants in the shape of…
- World
SL to present debt restructuring programme to IMF by August: PM Wickremesinghe
Colombo: Sri Lanka will present a debt restructuring programme to the IMF by August to secure a bailout package, Prime Minister Ranil Wickremesinghe told Parliament on Tuesday, but acknowledged that negotiations with…
- Pakistan
Pakistan secures deal with IMF to restore stalled USD 6 bn aid
Islamabad: Cash-strapped Pakistan has secured a deal with the International Monetary Fund to restore the stalled USD 6 billion assistance package and unlock doors for financing from other international sources, according to…
- World
In a first, Pakistan rupee slumps to 205 threshold
Karachi: The Pakistani rupee on Tuesday broke all records against the US dollar after shedding 4 PKR in the open market as it surpassed the 205 threshold for the first time in…
- World
World Bank to disburse USD 700 million to crisis-hit Sri Lanka: Report
Colombo: The World Bank is planning to disburse USD 700 million to crisis-ridden Sri Lanka by re-purposing its existing loans, a move that will help the island nation grappling with an unprecedented…