Search For "imf"
Of Sri Lanka's total USD 3-bln IMF package, USD 330-mln to be immediately
Updated : 3 years ago IST
Sri Lanka has been facing a severe economic crisis as a result of past policy missteps and economic shocks.
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IMF Executive Board approves USD 3 billion under New Extended Fund Facilit
Updated : 3 years ago IST
Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis. The economy is facing significant challenges stemming from pre-existing vulnerabilities and policy missteps in the lead-up to the crisis, further aggravated by a series of external shocks, according to a release
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Sri Lankan President expresses gratitude to IMF for approving Sri Lanka's
Updated : 3 years ago IST
"I thank the IMF for approving Sri Lanka's program under the Extended Fund Facility. We are committed to full transparency in our efforts to achieve sustainable levels of debt and our reform agenda. The IMF program is critical to achieving this vision," the Sri Lankan President tweeted on M
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Is Pakistan prepared as IMF swings towards inclusive growth?
Updated : 3 years ago IST
Pakistan has had a low labour force participation rate over the past 20 years, and its investment rate has been at 15 per cent of GDP, significantly below the strongest performers in the area, The Express Tribune reported.
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US Centcom chief expresses trust in Pakistan's nuclear agenda amid politic
Updated : 3 years ago IST
The US general's statement is a relief ahead of Finance Minister Ishaq Dar's remarks last week in the Senate regarding the International Monetary Fund (IMF) bailout programme.
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Pakistan scales up in terrorism index, falls further deep into economic cr
Updated : 3 years ago IST
Deaths by Tehrik-e-Taliban Pakistan (TTP) doubled while Islamic State-Khorasan (ISK) increased sevenfold in Pakistan. The BLA was responsible for a third of these deaths in Pakistan.
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India, Japan growing above pre-pandemic levels among Top 10 economies: PHD
Updated : 3 years ago IST
The analysis by PHDCCI was based on the IMF database on the GDP growth of the countries according to their GDP growth rates for 2019, 2020, 2021, and 2022 and the projections for 2023.
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Sri Lanka govt debt rose to 115.2 pc of GDP by 2022-end: Report
Updated : 3 years ago IST
The gross debt of Sri Lanka's central bank was roughly 4.66 per cent of the GDP. Moreover, the central bank used special drawing privileges that required interest payments.
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Pakistan's economy now depends on Gulf states to bail out crisis
Updated : 3 years ago IST
The International Monetary Fund's (IMF) condition that Pakistan secure confirmation from bilateral partners of the Gulf region to bridge the gap of USD 6 billion is simply an attempt to ensure its credibility. Non-materialisation may result in Islamabad sliding into default. The IMF review m
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Pakistan wait for nod from Gulf states to unlock IMF loan: Report
Updated : 3 years ago IST
All eyes are now on the UAE, Qatar, and the Kingdom of Saudi Arabia (KSA) to save Pakistan's struggling economy
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Chinese bank to refinance USD 500 million loan for Pakistan
Updated : 3 years ago IST
The Pakistani authorities are running from pillar to post to get 100 per cent confirmation from friendly donor countries and multilateral creditors before moving toward striking a staff-level agreement with the International Monetary Fund (IMF). It was an unwritten condition from the IMF tha
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Chinese investors hesitant to finance new projects in Pakistan amid its di
Updated : 3 years ago IST
Beijing is not happy with the strict conditions of the International Monetary Fund (IMF) for the resumption of the USD 6 billion bailout package program, which may exacerbate Pakistan's economic troubles and draw scrutiny to Chinese loans.
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