Experts say it can’t meet that obligation, meaning that even if it gets back in the IMF programme, it will still need to negotiate a debt restructuring further down the line. …reports
Sri Lanka is likely to get that elusive $2.9 billion from the IMF in the first quarter this year provided China decides to play ball and dump its notorious debt trap diplomacy…reports
Prime Minister said that he hoped the matters with the International Monetary Fund will be settled in the next few days…reports Asian Lite News Pakistan Prime Minister Shehbaz Sharif on Wednesday admitted
The premier announced that ministers and advisors to the premier have “voluntarily” decided not to take salaries from the government in order to save millions from the national exchequer…reports Asian Lite News
According to the IMF’s update, global economic growth is projected to fall from an estimated 3.4% in 2022 to 2.9% in 2023 before rising to 3.1% in 2024…reports Asian Lite News The
Wickremesinghe added that the country needs to have political stability to carry out the debt restructuring process…reports Asian Lite News Sri Lankan President Ranil Wickremesinghe on Wednesday said he is hopeful that
Despite the inconclusive negotiations between Pakistan and the IMF visiting delegations, both sides have agreed to continue the process of talks virtually…reports Asian Lite News Pakistan and International Monetary Fund (IMF) will
Pakistan cabinet approved imposition of a special financing surcharge of 3.39 PKR per unit in average power tariff..reports Asian Lite News Moving swiftly to meet prior actions of the IMF programme, the
Their Excellencies Ministers of Finance and Governors of Central Banks in Arab countries will attend the seventh Annual Arab Fiscal Forum, along with Ms. Kristalina Georgieva, Managing Director of the IMF…reports Asian
The rise in central bank rates to fight inflation and Russia’s war in Ukraine continue to weigh on economic activity….reports Asian Lite News The International Monetary Fund projected a slowdown in the