Pakistan is scrambling to increase its forex reserves which are estimated to be at $4.8 billion after China refinanced $500 million last week
The receipt of the IMF Facility is a step towards building a better future for the youth and uplifting the country
Since the IMF only provides a part of the loan a borrower needs, it requires the borrower to show that it has pledges from other lenders to bridge the gap
Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis, sparked by years of mismanagement and the raging pandemic
The protest march was launched by Bharatiya Kisan Union (Ekta Ugrahan) and Punjab Lok Morcha. The protest was held in Daburji area, 12 kilometres from the G20 Summit meeting venue.
The country is awaiting a much-needed $1.1 billion tranche of funding from the Washington-based International Monetary Fund (IMF)
The loan programme will run for four years, with the first 12 to 18 months focusing on helping Ukraine close its massive budget deficit and alleviating pressure to finance spending through printing money at the central bank
Pakistan and the IMF have been holding virtual talks after the two sides held 10 days of intensive negotiations with an IMF delegation in Islamabad from January 31 to February 9, which failed to reach an agreement
Even as the IMF statement came, the trade unions in the cash-strapped country vowed to fight what they termed the unjust tax policy of the government
IMF Managing Director Kristalina Georgieva on Saturday said there is an urgent need to strengthen the international financial architecture, especially in the...
Given the concerns over greater interconnectedness between crypto assets and the traditional financial sector as well as the complexity and volatility around...
The G7 finance ministers and Central Bank governors deliberated on Ukraine's overall economic condition at a meeting on Thursday, on the eve of the first...
The rise in India’s per capita income over the past 15 years was driven by sharp growth in private consumption, which currently accounts for 55 per cent of...
Kristalina Georgieva, managing director of International Monetary Fund, said that the big issue for India remains phasing out the use of coal
India remains a bright spot at a time when the IMF is projecting 2023 to be difficult with global growth slowing down from 3.4 per cent last year to 2.9 per...
The International Monetary Fund (IMF) expects the Chinese economic recovery to have a positive impact on rest of the Asian economies as well
IMF chief Kristalina Georgieva said Pakistan needs to take strong measures to avoid getting into a "dangerous place" where its debt needs to be restructured
Pakistan Defence minister Khawaja Asif said that most of his time had been spent in the opposition camp and that he has witnessed politics being disgraced for...
Last month, China gave Sri Lanka the financing assurances required by the International Monetary Fund (IMF) to unlock a $2.9 billion bailout package for the...
Pakistan government's negotiations with the International Monetary Fund (IMF) to unlock USD 1.1 billion funds have not yet yielded positive results, triggering...
The Pakistan government has received a memorandum on the terms and conditions from the IMF for the completion of a USD 7 billion loan programme, Finance...
Pakistan's foreign exchange has dropped below USD 3 billion and is in desperate need of financial assistance and a bailout package from the IMF to prevent it...
IMF funding is crucial for the USD 350-billion Pakistan economy facing a balance-of-payments crisis with the country's foreign exchange reserves slipping below...
Sitharaman stressed the need to ensure food and energy security for all and asked the IMF for support to the Indian Presidency in the form of detailed...
Financial analysts said that the foreign exchange reserves held by the State Bank of Pakistan would cover just around three weeks of imports
