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Krutika Pathi, Bharatha M, Associated Press Miraj Madushanka never thought he’d need government rations to ensure his family could eat two meals a day, but Sri Lanka’s economic crisis,...
Key progress has been made in talks on the revival of Pakistan’s International Monetary Fund (IMF) bailout programme, both sides said on Wednesday, with Islamabad expecting the lender to increase...
Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with...
Lebanon has been suffering from a series of crises, starting with the ammonium nitrate explosion near the airport, which killed 218 people, 7,000 injured, 300,000 people homeless, $15 billion worth...
Gulf Today Report Pakistan's stocks, sovereign bonds and currency were lifted on Friday by growing hopes that the country can unlock funding from the International Monetary Fund after the...
Pakistan’s stocks, sovereign bonds and currency were lifted on Friday by growing hopes that the country can unlock funding from the International Monetary Fund after the government’s overnight decision to...
Pakistan and the IMF have worked out the outlines for the release of over $900 million in funds that would come through once Pakistan removes its fuel subsidies, a Pakistani...
Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession. Political...
Pakistan’s currency plummeted to an all-time record low in intraday trading against the US dollar on Thursday, amid uncertainty about the success of crucial talks between the International Monetary...
Pakistan opened long-delayed talks with the International Monetary Fund on Wednesday, seeking the release of more funds from a $6 billion rescue package agreed in 2019 to help shore up...