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    Sri Lanka to seek $3 billion to stave off crisis: Minister

    Sri Lanka to seek $3 billion to stave off crisis: Minister

    09 Apr 2022

    Sri Lanka will need about $3 billion in external assistance in the next six months to help restore supplies of essential items including fuel and medicine, its finance minister told...

    Sri Lanka seeking $3 billion in months to stave off crisis

    Sri Lanka seeking $3 billion in months to stave off crisis

    09 Apr 2022

    Sri Lanka will need about $3 billion in external assistance within the next six months to help restore supplies of essential items, including fuel and medicines, to manage a...

    IMF says monitoring political, economic developments in Sri Lanka ‘very closely’

    IMF says monitoring political, economic developments in Sri Lanka ‘very closely’

    05 Apr 2022

    Gulf Today Report The International Monetary Fund (IMF) said on Tuesday that it is monitoring political and economic developments in Sri Lanka "very closely" as public unrest in the...

    Sri Lanka devalues rupee, seen as step towards getting IMF help

    Sri Lanka devalues rupee, seen as step towards getting IMF help

    08 Mar 2022

    Sri Lanka’s central bank (CB) has devalued the rupee by up to 15 per cent, taking one of several steps analysts said are needed to obtain a International Monetary Fund...

    Pakistan passes IMF-backed law for central bank autonomy

    Pakistan passes IMF-backed law for central bank autonomy

    29 Jan 2022

    Pakistan's upper house of parliament put the seal on Friday on a law backed by the International Monetary Fund (IMF) to give the central bank more independence in decision-making....

    Humane ways

    Humane ways

    14 Nov 2021

    The IMF has predicted a growth rate of 4.2 per cent in 2022. Statistics however, will not tell the real underlying stories of the economic pains in every country in...

    China urges World Bank, IMF to resume financing support to Afghanistan

    China urges World Bank, IMF to resume financing support to Afghanistan

    28 Oct 2021

    Gulf Today Report Chinese Foreign Minister Wang Yi urged the World Bank and International Monetary Fund (IMF) on Wednesday to resume financing support to cash-strapped Afghanistan for reconstruction. Both...

    IMF discusses Mena region’s post-pandemic progress, policies

    IMF discusses Mena region’s post-pandemic progress, policies

    24 Oct 2021

    Staff Reporter, Gulf Today The International Monetary Fund (IMF) hosted an expert discussion on the state of recovery in the Middle East and North Africa (Mena) region, in tandem with...

    MENAP’s youth do have a future

    MENAP’s youth do have a future

    04 Sep 2021

    Middle East McKinsey and Company’s report “Opportunity Youth” for Middle East North Africa and Pakistan (MENAP), released in August lays out the challenges and opportunities before the region. The configuration...

    IMF approves $650 billion new reserves for member countries

    IMF approves $650 billion new reserves for member countries

    03 Aug 2021

    The IMF board of governors on Monday greenlit a $650 billion increase in cash reserves for member nations, the last step in an initiative to boost liquidity for the most...

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