Islamabad [Pakistan], September 24 (ANI): Amid the unprecedented economic crisis in Pakistan, Net Foreign Direct Investment (FDI) in the country fell 26.1 pc during the first two months of the ongoing fiscal year (FY23), clocking in at just USD 169.5 million, media reports said citing the St
Islamabad [Pakistan], September 18 (ANI): Pakistan and China hailed their "all-weather" friendship after their leaders met on the sidelines of the Shanghai Cooperation Organization summit on Friday but analysts warned that International Monetary Fund terms for unlocking more funds for Islama
Islamabad [Pakistan], September 18 (ANI): The present expenditures of the Pakistan government had gone up to nearly PKR 1.1 trillion, indicating that the funds had turned irrelevant, local media reported.
Islamabad [Pakistan], September 18 (ANI): The International Monetary Fund (IMF) on Sunday said that it will work with the international community to support flood relief and reconstruction efforts in Pakistan following the devastating floods.
Lusaka [Zambia], September 18 (ANI): Zambia which is known as a country under "debt distress" from China has finally received a USD 1.3 billion financial loan from the International Monetary Fund, media reports said.
Islamabad [Pakistan], September 14 (ANI): Despite support from Saudi Arabia and International Monetary Funds (IMF), Pakistan is on the verge of economic collapse with a lack of funds.
Colombo [Sri Lanka], September 13 (ANI): Sri Lanka has reached an agreement with the International Monetary Funds (IMF) regarding debt restructuring which will start only after all Sri Lankan creditors agree to restructure their existing loans to the island nation. On the other hand, while C
Colombo [Sri Lanka], September 13 (ANI): A United States diplomat asked China to cooperate with Sri Lanka's debt restructuring and advised the island nation to be responsible for future borrowings while agreeing to participate in the re-structuring of Sri Lanka's debt.
Islamabad [Pakistan], September 10 (ANI): Pakistan is still witnessing a severe dollar liquidity crunch despite the resumption of the last month of the International Monetary Fund (IMF) programme, local media reported adding the floods in the country have aggravated the macroeconomic fundame
Islamabad [Pakistan], September 10 (ANI): Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan on Friday said that fresh election is the only way to end the instability in the country, local media reported.
New Delhi [India], September 9 (ANI): IMF Managing Director Kristalina Georgieva on Friday called on President Droupadi Murmu at Rashtrapati Bhavan and expressed confidence that during India's presidency, the G-20 Forum will move forward with an aspiration to make efforts in strengthening mu