Islamabad: The International Monetary Fund (IMF) has laid a string of “tough conditions” to bail Pakistan out of its spiralling financial crisis, Prime Minister Shehbaz Sharif said, media reported.
Washington: As first reported in POLITICO, U.S. Representative Young Kim (CA-40), who serves on the House Financial Services Committee and House Foreign Affairs Committee, recently introduced the Taiwan Non-Discrimination Act (H.R. 540) with Rep. Al Green (TX-09) to support Taiwan’s participation in the International Monetary Fund (IMF).
Dhaka: The Executive Board of the International Monetary Fund (IMF) has approved 3.3 billion U.S. dollars under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) agreements as well as 1.4 billion dollars under the Resilience and Sustainability Facility (RSF) for Bangladesh.
Islamabad: Pakistan's currency Thursday fell to a record low of Rs 255 against the US dollar, according to local media reports.
Islamabad: The Pakistani government is fearing that it might lose popularity ahead of the general polls which is keeping it away from finalising a deal with the International Monetary Fund (IMF) that could stabilise the economy.
Islamabad: Pakistan Prime Minister Shehbaz Sharif sent a letter to the International Monetary Fund (IMF) requesting the lender of the last resort to send its review mission to the federal capital next week, media reports said.
Cairo: The International Monetary Fund (IMF) said that its executive board has approved a loan to Egypt of about 3 billion US dollars over 46 months.
Colombo: Executive Director of the Centre of Policy Alternatives (CPA) Dr. Paikiasothy Saravanamuttu has said China’s unwillingness to accept the proposed debt restructuring might deprive economic-crisis-hit Sri Lanka of the USD 2.9 billion credit facility, from the IMF.
Colombo/UNI: Sri Lanka would not have landed in an economic mess if only previous governments had adhered to the agreements with the International Monetary Fund (IMF), State Finance Minister Ranjith Siyambalapitiya said in remarks published on Wednesday.
Pakistan, a nation which is facing severe flooding in recent weeks, is reeling under a dollar liquidity crunch, media reports said.
New York: Still reeling from the COVID pandemic and Russia’s invasion of Ukraine, the global economy is facing an increasingly murky and uncertain outlook, according to the latest report released on Tuesday by the International Monetary Fund (IMF).
Islamabad: Pakistan's Finance Minister Miftah Ismail has said that the International Monetary Fund (IMF) has expressed dissatisfaction over the country's budget, The News reported on Sunday.
Colombo: Sri Lanka has run out of foreign exchange and its government on Tuesday announced that it will be defaulting on all its external debt $51 billion as a last resort to prevent further deterioration of its financial position.
Islamabad/UNI: Pakistan Prime Minister Imran Khan said on Tuesday that his government will be forced to approach the International Monetary Fund (IMF) again if the country’s exports did not increase sharply, Dawn reported on Wednesday.
Islamabad: After receiving a request from the Pakistani government, the Executive Board of the International Monetary Fund (IMF) has postponed the consideration of completion of the Sixth Review and release of $1 billion tranche under the Extended Fund Facility (EFF) which was set for January 12.