International Monetary Fund (IMF)

<p> <strong>Even as the Pakistani rupee has been steadily losing value for the last few months, its fall of more than Rs 4 from yesterday’s close has caught the attention …

<p> <strong>The spectacular win for former prime minister Imran Khan’s Pakistan Tehreek-e-Insaaf in the Punjab assembly by-elections has only aggravated the political uncertainty in the South Asian country. The direct …

<p> <strong>After weeks of hectic negotiations, the International Monetary Fund (IMF) has finally agreed to provide $1.17 billion to cash strapped Pakistan under the extended fund facility (EFF), which was …

<p> <strong>Just ahead of the much-awaited meeting of G20 ministers and central bank governors amid worsening economic situation driven by the prolonged Russia-Ukraine war, Kristalina Georgieva, the top boss of …

<p> <strong>For bankrupt Sri Lanka, the process of revival will be painful, uncertain as well as long-drawn. People's patience has run out and the challenge for the new government, if …

<p> <strong>The delay in International Monetary Fund’s (IMF) concretisation of the bailout package for Pakistan has caused much embarrassment for the Shehbaz Sharif government especially as it has been steadily …

<p> <strong>The new financial year in Pakistan has kicked off with uncertainty. Despite the hike in fuel prices, Islamabad’s talks with the International Monetary Fund (IMF) have not concluded yet. …

<p> <strong>Pakistan can heave a sigh of relief as it signed an agreement with a Chinese consortium of banks for a $2.3 billion loan facility at a time when its …

<p> <strong>The Pakistani rupee, which depreciated by more than 16 per cent this year, has been the worst performing currency in Asia amid deepening economic crisis and dwindling foreign exchange …

<p> <strong>For Pakistan, with foreign exchange reserves of just $9.2 billion—enough for imports for less than two months, the clock is ticking as negotiations with the International Monetary Fund (IMF) …

<p> <strong>The Shehbaz Sharif government has missed registering a part of the total quantum foreign debt in the just presented budget "by mistake." This amounts to $7 billion comprising part …

<p> <strong>Cash starved Pakistan, which is negotiating with the International Monetary Fund for a bailout package, has increased its defence budget by 11 cent for financial year 2022-23, against the …

<p> <strong>The Pakistan rupee, which hit a fresh low of 202.83 to a US dollar on Tuesday, could continue to fall further as the much awaited bailout package from the …

<p> <strong>Pakistan's common citizens are the most concerned as they have to brace for tougher times. </strong><strong>The International Monetary Fund has underlined the need that Pakistan has to undertake more reform …

<p> <strong>The World Bank loan of $700 million to cash strapped Sri Lanka will provide the Ranil Wickremesinghe government the much-required breather till it finalises a bailout package with the …

<p> <strong>Amid an acute economic crisis, Sri Lanka’s inflation touched 29.8 per cent in April. In March it was 18.7 per cent. Hit by shortage of food, fuel and medicines, …

<p> <strong>Pakistan’s newly appointed Finance Minister Miftah Ismail is likely to roll back tax exemptions and raise fuel prices with an eye on fixing the fast deteriorating economic situation. On …

<p> <strong>Debt ridden Sri Lanka, which is now looking for financial assistance from multilateral lenders including the International Monetary Fund, has finally decided to increase tax rates. The IMF has …

<p> Doubts have risen over the International Monetary Fund (IMF)'s approval of the next tranche of its $6 billion assistance programme to Pakistan as the country’s political crisis deepens.</p> <p> …

<p> <strong>Pakistan has become the first country to officially sign a huge trade deal with Russia at a time when Moscow has come under severe criticism for invading Ukraine. As …

<p> <strong>The World Bank and the International Monetary Fund (IMF) are jointly working towards supporting Ukraine while assessing the economic and financial impact of the conflict and refugees on other …