Search For "imf"
Unclear data on Chinese debts poses challenges for Sri Lanka's negotiation
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 23 (ANI): Newly-appointed Sri Lankan President Ranil Wickremesinghe has a tough task ahead of him negotiating a financial lifeline from the International Monetary Fund (IMF) to help his country combat its worst-ever economic crisis but what makes the process diffic
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Miftah Ismail is the worst Finance Minister of Pakistan: PTI
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 22 (ANI): Imran Khan-led Pakistan Tehreek-e-Insaf (PTI) has accused Miftah Ismail of being the worst Finance Minister of Pakistan ever as the country continues to register a downward trend in the value of its rupee.
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Pakistani rupee dives to 228 per US dollar
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 22 (ANI): The Pakistani rupee on Friday surpassed all prior records against the US dollar after hitting a fresh record low of PKR 228 against the dollar in the interbank market.
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Lebanese President urges IMF to conclude aid deal with Beirut
Updated : 3 years, 8 months ago IST
Beirut [Lebanon], July 22 (ANI/Xinhua): Lebanese President Michel Aoun on Thursday urged the International Monetary Fund (IMF) to conclude the aid agreement with the crisis-ridden country, saying Lebanon has been adopting the needed structural reforms.
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Pakistani rupee, stocks continue downward trend, experts blame country's p
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 21 (ANI): With the rupee hitting a record low level, losses at the Pakistan Stock Exchange (PSX), high inflation and low forex reserves of the country recently, experts in Pakistan believe that the delay in the loan facility from IMF and domestic political upheaval
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China's debt trap diplomacy responsible for economic calamity in Sri Lanka
Updated : 3 years, 8 months ago IST
Washington [US], July 20 (ANI): China's debt trap diplomacy has become a major cause of Sri Lanka's unprecedented economic crisis due to the failure of the island nation to take better steps to restructure its debts in dialogue with the IMF.
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Angolan model viewed as early example of Chinese debt-trap tactics
Updated : 3 years, 8 months ago IST
Rome [Italy], July 20 (ANI): Angola is retreating in terms of its relations with China as the relationship was forged by Beijing for purely serving strategic self-interest in the early 2000s, and has been labelled a 'marriage of convenience.
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How Russian natural gas cut-off could affect Europe's economies?
Updated : 3 years, 8 months ago IST
Washington DC [US], July 20 (ANI): The International Monetary Fund (IMF) has warned that Russia's invasion of Ukraine has further darkened the global growth outlook, with the European economy facing a serious setback given its trade, investment, and financial links with the warring countries
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Fitch downgrades Pakistan's outlook from stable to negative
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 19 (ANI): Amid renewed political volatility, the Fitch Ratings agency on Tuesday downgraded Pakistan's outlook from stable to negative.
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Pakistani rupee slumps further to PKR 221 against USD
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 19 (ANI): The Pakistani rupee on Tuesday surpassed all prior records against the US dollar after hitting a fresh record low of PKR 221 against the US dollar in the interbank market.
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Negotiations with IMF nearing conclusion: Sri Lanka's acting President
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 18 (ANI): Sri Lanka's acting President Ranil Wickremesinghe on Monday said talks with the International Monetary Fund (IMF) are about to conclude amid the ongoing economic crisis that has led to civil unrest in the island nation.
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Pakistani rupee nosedives to all-time low of 212 against US dollar
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 18 (ANI): The Pakistani rupee has dropped to a record low against the US dollar with the exchange rate sliding to PKR 212, local media reported on Monday.
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