Search For "imf"
India, US, Japan secure USD 2.286 bn IMF bailout for Sri Lanka
Updated : 2 years, 12 months ago IST
After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn to Sri Lanka, the International Monetary Fund (IMF) approved the USD 2.286 billion (about USD 3bn) bailout for Sri Lanka on March 20. The Sri Lankan government und
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Delegates discuss energy security, climate change at second G20 Framework
Updated : 3 years ago IST
The two-day meeting was co-chaired by V Anantha Nageswaran, Chief Economic Adviser, Ministry of Finance and Clare Lombardelli, Chief Economic Adviser, UK Treasury.
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As country reels under inflation, Pakistanis feel pocket pinch in Ramzan m
Updated : 3 years ago IST
Rising inflation has dampened the Ramzan spirit in Pakistan. As the country prepares for the holy month, many seem to have lost their faith in the State that governs them, reported DW News.
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Bansidhar & Ila Panda Foundation felicitate Social Change Makers at Sh
Updated : 3 years ago IST
Bhubaneshwar (Odisha) [India], March 24 (ANI/NewsVoir): Bansidhar & Ila Panda Foundation (BIPF), the CSR arm of the Indian Metals & Ferro Alloys Limited (IMFA Group), conferred the Shambhavi Puraskar 2023 to Dr Md. Imran Ali for his contribution to the health and advocacy sector in O
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IMF asks Pakistan to provide external financing assurances for release of
Updated : 3 years ago IST
It should be noted that Pakistan and the IMF have been negotiating since early February on an agreement that would release USD 1.1 billion to the cash-strapped, nuclear-armed country of 220 million people and its supercritical for the liquidity-challenged country, whose deficient foreign exc
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 3 years ago IST
The SBP recently increased interest rates by 2 per cent, but the IMF is now forcing Islamabad to raise rates by 2 per cent again.
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24 major cities in Pakistan do not have access to clean water: Report
Updated : 3 years ago IST
Along with water channels, Pakistan is also dependent on rain for its water supply. Climate change has exacerbated the water crisis affecting the rainfall pattern and causing a huge water shortage in the country leading to prolonged droughts. This is making it even more challenging to manage
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Saudi Arabia refuses 'easy money' to Pakistan, demands economic reforms
Updated : 3 years ago IST
Saudi Arabia is no longer willing to bail out Islamabad and refused to provide 'easy money' to Pakistan, demanding economic reforms, reported Middle East Eye.
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IMF-Ranil deal may strengthen pro-China forces in Sri Lanka: Report
Updated : 3 years ago IST
Most Sri Lankans believe that Ranil's government is protecting a corrupt regime.
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IMF's 'Pakistan' dilemma in lending: Report
Updated : 3 years ago IST
Pakistan has implemented a series of policy measures, including higher taxes, higher energy prices, and raising interest rates to their highest level in 25 years in order to unlock funding from the IMF's stalled USD 6.5 billion lending programme
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Political, financial, humanitarian crises put Pakistan on brink
Updated : 3 years ago IST
The political drama over the arrest of former prime minister Imran Khan has given a clear idea about the priority of Pakistan's policymakers when the country is struggling with economic downfall. It appears Pakistan gets stuck in a severe political crisis as the country approaches the nation
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Indian Minorities Foundation launched to counter "false narrative against
Updated : 3 years ago IST
A non-government organization titled 'Indian Minorities Foundation' (IMF) was founded on Tuesday with the aim of bringing people of different minority communities together on a common platform with a mission to inculcate the spirit of communal harmony and participate as One Nation One Family
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