World Bank and Japan collaborate to boost clean energy jobs

The Resilient and Inclusive Supply-chain Enhancement, known as the RISE initiative, will focus on assisting emerging...

Sri Lanka's economic challenges amid Chinese pressure

Sri Lanka's total external debt exceeds USD 50 billion, with a significant portion, roughly 10 per cent, owed to China.

IMF cuts China growth forecast amidst its real estate crisis

Many emerging market economies proved quite resilient and surprised on the upside, with China an exception, which...

IMF raises India growth forecast citing strong consumption

According to the multilateral agency's latest World Economic Outlook report, released Tuesday, the growth is...

UAE participates in World Bank and IMF meetings in Marrakech

The United Arab Emirates, represented by the Ministry of Finance, announced its participation in the Annual Meetings...

Nirmala Sitharaman holds virtual meet with Spanish Vice President

Union Finance Minister Nirmala Sitharman held a virtual meeting with Spanish Vice President Nadia Calvino and...

Pakistan’s tax collection insufficient to meet financial need: WB

The World Bank has termed the tax collection in Pakistan, the lowest in the region and suggested that the tax...

RBI appoints Muneesh Kapur as new executive director

Over a span of nearly three decades at the Reserve Bank, Kapur has worked in the areas of macroeconomic policy...

China stalling IMF relief for debt grip Sri Lanka: Report  

The last month's visit by IMF officials to the crisis-recovering nation seems like a hope for the country. But IMF...

IMF Executive Board approves USD 1.3 bn for Morocco

The International Monetary Fund (IMF) Executive Board approved a Resilience and Sustainability Facility (RSF) for...

Despite signs of stabilisation, full recovery not assured: IMF

Despite early signs of stabilisation, full economic recovery in Sri Lanka is not yet assured, the International...

K'taka talks with IMF focus on leveraging “China + 1” strategy

In the meeting which was attended by top officials of the IMF including its Deputy Managing Director Gita Gopinath,...