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The International Monetary Fund (IMF) said on Thursday it had reached a preliminary agreement with Pakistan to revive a $6 billion bailout package for this impoverished Islamic nation, which...
The meeting of Arab League foreign ministers in Beirut is a reassurance to crisis-ridden Lebanon that it has the trust, and support of the Arab countries, and that it is...
The International Monetary Fund (IMF) on Friday slashed its US economic growth forecast as aggressive Federal Reserve interest rate hikes cool demand but predicted that the United States would “narrowly”...
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...
