IMF
- World
Sri Lanka Prez calls for cross party support for economic transformation bill
Colombo: Sri Lanka’s President Ranil Wickremesinghe on Sunday urged all political parties to support the economic transformation bill in Parliament as an urgent measure to help the crisis-hit island nation sustain its…
- World
IMF says ‘significant progress’ made in talks with Pakistan on new bailout package
Islamabad: The IMF has said that “significant progress” has been achieved during talks with Pakistani officials towards reaching a staff-level agreement for an extended fund facility for the cash-strapped country. Pakistan has…
- Pakistan
Pakistan, IMF to hold talks on fresh bailout package
Islamabad: Pakistan, seeking a fresh USD 6 billion to USD 8 billion loan package from the IMF, will hold talks with officials from the Washington-based lender to discuss the terms of the…
- World
IMF doubts cash-strapped Pakistan’s repayment capacity
Islamabad: The IMF has said that Pakistan faces major debt-repayment challenges and expressed serious doubts over the cash-strapped country’s capacity to repay the global lender, according to a media report on Saturday.…
- Pakistan
IMF warns of high downside risks for Pakistan’s economy
Islamabad: The International Monetary Fund (IMF) has issued a stark warning about Pakistan’s economic future, highlighting exceptionally high downside risks in its latest report. The report, released ahead of talks between the…
- World
Pak to seek USD 12B debt rollover from China, Saudi ahead of IMF visit
Islamabad: Pakistan has decided to seek a rollover of around USD 12 billion debt from key allies like China in the 2024-25 fiscal year to meet a whopping USD 23 billion worth…
- Pakistan
IMF approves immediate disbursal of USD 1.1 bn loan tranche to Pakistan
Washington: The International Monetary Fund has approved an immediate disbursal of USD 1.1 billion to Pakistan as part of a bailout package and said the country needs to take tough measures to…
- Middle East
Saudi Arabia: IMF opens regional office in Riyadh
Riyadh: The International Monetary Fund (IMF) has opened a new regional office in Saudi Arabia’s capital Riyadh to strengthen partnerships with countries in the Middle East and beyond. The announcement came on…
- Pakistan
Pak Finance Minister says IMF team to visit country next month
Islamabad: Pakistan’s Finance Minister Muhammad Aurangzeb has said that an IMF team is expected to visit Islamabad next month to negotiate a new long-term bailout package to secure a staff-level agreement for…
- Pakistan
Pakistan PM says cash-strapped country has to seek another IMF bailout
Islamabad: Pakistan Prime Minister Shehbaz Sharif on Tuesday said his government is planning to approach the IMF for “another programme”, days after the cash-strapped country struck a staff-level agreement with the global…
- Pakistan
‘Long-term IMF bailout plan would be an economic disaster for Pakistan’
Islamabad: Pakistan’s crippling economy is in emergency need of another bailout plan from the IMF (International Monetary Fund) through its Extended Fund Facility (EFF) to save it from a suspected meltdown. However,…
- Pakistan
IMF mission likely to arrive in Pakistan today for economic review talks
Islamabad: The International Monetary Fund (IMF) mission is expected to arrive in Pakistan on Wednesday for the economic review of USD 3 billion Stand-By Arrangement (SBA), reported ARY News, citing sources. According…
- Pakistan
IMF refuses to get involved in Pak’s domestic politics after Imran’s plea
Islamabad: The IMF on Friday rejected a request by jailed former prime minister Imran Khan’s bid to link its economic assistance to cash-strapped Pakistan with an audit by the global lender on…
- World
Maldives remains at high risk of debt distress, warns IMF
New Delhi: Without significant policy changes, the overall fiscal deficits and public debt are projected to stay elevated in the Maldives, even as the South Asian nation remains at high risk of…