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).
"India's Foreign Minister will be arriving in Sri Lanka next week. India is in debt restructuring discussions," Sri Lankan President Ranil Wickremesinghe said while addressing the "Pratibha Abhisheka 2022, on Wednesday.
New Delhi [India], January 11 (ANI/ATK): There is now almost a general consensus among economists and analysts that a recession could set off at any time. Kristalina Georgieva, the head of the International Money Fund (IMF), has also warned that a third of the global economy will experien
The fresh drop came after the government failed to make any headway in its talks with the International Monetary Fund (IMF) for the revival of its stalled USD 6.5 billion loan programme.
An International Monetary Fund (IMF) delegation will meet Pakistan Finance Minister Ishaq Dar on the sidelines of the upcoming Geneva conference on Climate Resilient Pakistan on January 9. The IMF delegation will discuss outstanding issues with Dar, an IMF spokesperson said on Sunday, Pakist
According to sources, the development left Pakistan with an import cover of only under a month, as the country grapples with a deteriorating economic crisis while trying to bring down imports amid a dollar shortage.
The IMF in a book -- South Asia's Path to Resilient Growth -- said gradually raising rural access to 90 per cent by 2030 would require about 2.4 million additional km of all-weather roads which is an increase of 39 per cent in road length.
The IMF's book -- South Asia's Path to Resilient Growth -- launched on Friday said financial inclusion is a multidimensional concept, with implications for growth and financial and economic stability. "Staff research has shown potentially significant growth benefits from financial inclusion,
The Governor was speaking at a conference, organised by the International Monetary Fund (IMF), on Friday. He was talking along the lines of the South Asian region's macroeconomic challenges and policy priorities. The governor also said, "The priority for South Asian region, including Indi