IMF says it is communicating with Sri Lanka's new economic team
The International Monetary Fund said on Thursday it was already communicating with Sri Lanka's new economic team. "We are discussing the next steps for engagement" IMF Senior Mission Chief for Sri Lanka Peter Breuer said in an emailed statement,
Sri Lanka bets on a leftist outsider
A fresh start.” That is how the leftist outsider candidate, Anura Kumara Dissanayake, touted his against-the-odds victory in Sri Lanka’s presidential election over the weekend. The island nation certainly needs a new beginning.
Sri Lanka’s Leftist Leader Faces Tough Test to Alter IMF Deal
Sri Lanka’s new president took office with a mandate to bring relief to citizens still burdened by the remnants of the country’s worst-ever economic crisis. Now comes the hard part: Getting the lenders to play along.
Who is Sri Lanka’s new leader?
Anura Kumara Dissanayake has been sworn in as the president
Sri Lanka to begin talks with IMF to take forward $2.9 billion bailout, president says
Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately to take forward the country's $2.9 billion bailout programme.
Leftist Sri Lanka leader stuck with painful IMF deal: analysts
Sri Lanka's new leftist leader has little room to renegotiate an IMF bailout that threw a lifeline to his bankrupt country but imposed punishing and unpopular austerity measures, analysts say.- 'Best interest of the country' - Dissanayake's predecessor,
The IMF approves a $7 billion loan for Pakistan, which will get $1 billion immediately
Pakistani officials say the executive board of the International Fund has approved a new $7 billion loan for the country ...
IMF's $7 billion bailout sends Pakistan stocks to new peak
Pakistan's benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary ...
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PM reaffirms commitment to implement structural reforms
Appreciating the collaboration with IMF for successful Staff Level Agreement for a 37 month, seven billion dollars' Extended ...
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IMF board approves $7bn Extended Fund Facility for Pakistan: PMO
The International Monetary Fund’s board (IMF) on Wednesday approved a $7 billion Extended Fund Facility (EFF) for Pakistan, ...
Pakistan wins additional financing assurances from China, UAE, Saudi-IMF official
Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a ...
Law3d
25-Year Veteran of International Monetary Fund Taking Over as Legal Chief
The International Monetary Fund has chosen as general counsel Yan Liu, a Chinese national who joined the Washington, ...
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Pakistan Bolstered by International Financing Amid New IMF Program
Pakistan has secured significant financing assurances from China, Saudi Arabia, and the UAE as part of a new IMF program that extends beyond rolling over $12 billion in loans. This program requires ...
Pakistan PM Sharif welcomes IMF's $7 billion funding agreement
Pakistan has secured final approval to start a $7 billion loan programme from the International Monetary Fund, Bloomberg News reported on Wednesday.
ARGT: A Top Performing Global Fund On Track For Sustained Strong Returns
The Global X MSCI Argentina has surged nearly 35% in 2024, driven by President Milei's austerity measures and economic ...
Anadolu Ajansi3d
Macron calls for new international order in response to war in Ukraine
French President Emmanuel Macron on Sunday called for “a new international order” in the wake of the ongoing war in Ukraine.
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Summit of the Future Explainer: Time to rethink ‘outdated and ineffective’ international financial architecture
Some of the world’s poorest countries spend more on debt repayments than health, education and infrastructure combined, ...
IMF Sounds Alarm on Government Debt Burdens
The International Monetary Fund is sounding the alarm on government debt and calling for a pivot in fiscal policy, as countries like France struggle to bring deficits under control. The outlook for ...