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Federal Finance Minister Miftah Ismail on Friday admitted that Pakistan was close to default when they took power, adding that they had few options other than to go to...
Nepal sees no need to approach the International Monetary Fund (IMF) for a fresh loan as pressure on foreign exchange reserves is easing after a pick up in tourism, its...
Tariq Butt, Correspondent Former prime minister and Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan has said that if the news about Chief of Army Staff General Qamar Javed Bajwa contacting...
Pakistan’s $33.5 billion external financing needs are fully met for financial year 2022/23, the central bank chief said on Saturday, adding that “unwarranted” market concerns about its financial position will...
Tariq Butt / Reuters Pakistan's Finance Minister Miftah Ismail on Wednesday blamed the rupee's slide on political turmoil, saying he expects market jitters over the currency's sharp decline to...
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...