Colombo [Sri Lanka], April 14 (ANI): Sri Lanka is planning to start the talk with the International Monetary Fund (IMF) on April 18 to secure at least USD 4 billion in aid for the economy, said Sri Lanka Finance Minister, local media reported.
Islamabad [Pakistan], April 14 (ANI): Miftah Ismail, former Pakistan finance minister is likely to be named as the new finance chief of the country ahead of crucial talks with the International Monetary Fund as the country's economy is in dire straits.
Colombo [Sri Lanka], April 12 (ANI): Amid the economic crisis in the country, the Sri Lanka government has temporarily suspended the payment of its foreign debts.
Colombo [Sri Lanka], April 10 (ANI): Exuding confidence in overcoming the unprecedented economic crisis, the newly appointed Governor of the Central Bank of Sri Lanka, Nandalal Weerasinghe said that one of the ways to overcome the current crisis situation is to allow the Central Bank to f
Washington [US], April 9 (ANI): Amid Sri Lanka's severe economic crisis, a high-level delegation, including the country's Central Bank Governor and other senior officials, will attend an International Monetary Fund (IMF) meeting in Washington DC today.
Colombo [Sri Lanka], April 7 (ANI): Sri Lankan President Gotabaya Rajapaksa on Wednesday night appointed a new financial and economic team for multilateral affairs and debt sustainability.
New Delhi [India], April 6 (ANI): India has averted the rise in extreme poverty through the food security scheme, Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), according to the International Monetary Fund report.
Washington [US], April 5 (ANI/Sputnik): The International Monetary Fund (IMF) said in its report on Tuesday that the international community should allocate USD 15 billion in grants this year and USD 10 billion annually after that to ensure a strong comprehensive response to the global COVID
Islamabad [Pakistan], April 5 (ANI): As the political crisis in Pakistan turned into a constitutional crisis, the International Monetary Fund (IMF) funding to the country is expected to hit another 'pause'.
Islamabad [Pakistan], April 5 (ANI): The ongoing constitutional crisis in Pakistan amid the dissolution of the National Assembly by Imran Khan can adversely affect the fragile economy of the country.
Beirut [Lebanon], April 4 (ANI/Xinhua): Lebanon's Deputy Prime Minister Saade Chami on Monday announced "the bankruptcy of the state and the Central Bank of Lebanon," al-Jadeed local TV channel reported.
Islamabad [Pakistan], March 28 (ANI): Amid a heavy financial crunch and International Monetary Fund (IMF) nudge over February 28 relief package and the March 1 industrial package, Pakistan Finance Ministry on Monday refused to increase subsidy on phosphatic and potash fertilizers.