Search For "global lender"
Lorien Finance Raises USD 2.25M Pre-Series A to Transform Global Education
Updated : 1 year, 3 months ago IST
New York [US], February 28: Lorien Finance, a fintech innovator bridging global capital markets with students from emerging economies, has secured $2.25 million in Pre-Series A funding, setting the stage for a transformative shift in education financing worldwide.
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IMF rejects Pakistan's proposed sales tax exemption on electric vehicles
Updated : 1 year, 3 months ago IST
Pakistan's Ministry of Industries and Production had recommended the tax relief to boost EV adoption. However, the global lender opposed the decision and stressed that sales tax on raw materials for EVs should not be removed.
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Adani Total Gas secures USD 375 million financing from global lenders
Updated : 1 year, 8 months ago IST
The maiden financing of USD 375 million executed with international lenders includes an initial commitment of USD 315 million with an accordion feature to enhance the commitments.
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Pakistan to complete prior actions through parliamentary nod by Jun 30 for
Updated : 2 years ago IST
Pakistan and IMF have reached a broad understanding on action points, their timelines and backup plans that the government would comply with through parliamentary sanction of budgetary measures and related legislation in the Finance Bill 2024-25.
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IMF mission to meet Pakistan authorities next week to discuss "next phase
Updated : 2 years ago IST
The International Monetary Fund (IMF) mission is expected to meet Pakistan authorities next week to further discuss the "next phase of engagement", Dawn reported citing, an official from the global lender.
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State Bank of Pakistan receives USD 1.1 billion funding from IMF
Updated : 2 years ago IST
The State Bank of Pakistan (SBP) has received around USD 1.1 billion from the International Monetary Fund (IMF), a day after the global lender approved the last tranche of Pakistan under the USD 3 billion Stand-By Arrangement (SBA).
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Pakistan to formally approach IMF for fresh bailout package in upcoming an
Updated : 2 years, 1 month ago IST
Pakistan has decided to formally approach the global lender, the International Monetary Fund (IMF) for the medium-term Extended Fund Facility (EFF) during the upcoming annual spring meetings of the Bretton Wood Institutions (BWIs).
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In another setback to Imran Khan, IMF refuses to interfere in Pakistan's e
Updated : 2 years, 2 months ago IST
This comes after incarcerated former PM Imran Khan penned a letter to the IMF, urging the global lender to give the poll results a thorough once-over before cutting any new cheques for Islamabad.
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China plays catch-up with India in Sri Lanka; fails
Updated : 3 years, 4 months ago IST
This development comes a few days after India backed the island nation's efforts to secure a loan from the global lender, as the country seeks assurances that debt will be restructured as per the IMF programme.
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"Only option is to seek IMF support", Sri Lankan President on economic col
Updated : 3 years, 4 months ago IST
Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund (IMF).
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Delay in IMF review team visit increases Pakistan's balance of payments di
Updated : 3 years, 5 months ago IST
The visit of the IMF monitoring mission scheduled for October end has been delayed amid the differences between Islamabad's commitment to the IMF on fiscal consolidation and its actual decisions.
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World Bank's toolkit aims to make transport, public spaces more gender inc
Updated : 3 years, 5 months ago IST
Public transport services are not traditionally designed keeping in mind women's safety and their specific travel needs, the World Bank said. This severely limits their access to work, education and life choices. India has amongst the lowest female labour force participation rates globally,
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