Search For "bailout package imf"
IMF approves final USD 1.1 bn tranche for Pakistan's bailout package
Updated : 2 years, 1 month ago IST
This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave off a sovereign default, particularly as the existing arrangement is set to expire this month.
Read More
China acts as impediment to Sri Lanka's IMF deal
Updated : 3 years, 5 months ago IST
Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri Lanka's dire situation and a delay in concrete commitment from China, the island nation's largest bilateral lender. Sri Lanka seems to be missing its
Read More