Browsing Tag
IMF
23 posts
Sri Lanka’s Worst Economic Crisis In Decades
Rome (16/11 – 57) Sri Lanka is mired in a deep political and economic crisis and the country’s then President Rajapaksa has flown out of the country,…
Sri Lanka’s Devastating Economic Crisis Continues
Brussels (16/11 – 83) Sri Lanka is still dealing with the aftermath of its most devastating economic crisis since independence, a government without…
Sri Lanka President to Visit China as Debt Talks Progress
Berlin (3/11 – 40) Sri Lankan President Ranil Wickremesinghe will visit China in the upcoming week as the crisis-hit country makes progress on debt restructuring talks…
IMF Chief Says the Global Economy Has Shown Resilience in the Face of Covid, War and High Rates
The global economy has shown “remarkable resilience’’ but still bears deep scars from the coronavirus pandemic, the war in…
Breaking Pakistan’s Bad IMF Habit
Pakistan’s recent US$3 billion Stand-By Arrangement with the International Monetary Fund (IMF) has provided much-needed financial relief alongside…
Sri Lanka Passes Anti-corruption Bill as Part of IMF Bailout Plan
Sri Lanka’s Parliament has approved an anti-corruption bill, aimed at improving governance in the crisis-hit country and meeting…
‘Exceptionally High’ Economic Risks in Pakistan, IMF Report Says
Islamabad, Pakistan – The International Monetary Fund (IMF) says Pakistan’s economic challenges are “complex and multifaceted” and the risks…
Sri Lanka Slashes Rates as Expected After IMF Rescue, More Easing Seen Soon
COLOMBO, July 6 (Reuters) – Sri Lanka cut its key interest rates for the second straight month on…
Pakistan receives $1 billion from China
Cash-strapped Pakistan has received $1 billion from its close ally China to support its critically low foreign reserves…
Sri Lanka: Why is the Country in an Economic Crisis?
The International Monetary Fund is lending Sri Lanka $3bn (£2.4bn) to help it deal with its worst economic…