Business IMF provides $24B in interest-free loans to low-income countries during pandemic Apr 8, 2023 The International Monetary Fund (IMF) has provided over $24 billion in interest-free loans to more than 50…
Business Debt forgiveness by late 2023, IMF staff agreement with Somalia Oct 18, 2022 A team from the International Monetary Fund (IMF) reached an agreement with Somalia that will allow the release of…
Business Asian central banks have been urged by the IMF to tighten policy further Oct 14, 2022 The International Monetary Fund has stated that most Asian central banks must tighten monetary policy further. This…
News Emergency aid of $160 million to be sought by the UN for Pakistan floods Aug 31, 2022 It is anticipated that the United Nations (UN) and Pakistan will appeal on behalf of the nearly half a million…
Business Indian economic growth is expected to be 7.4 percent this year and next Aug 27, 2022 Indian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and…
Business Preliminary agreement between Sri Lanka and the IMF is expected Aug 19, 2022 In a statement, the head of Sri Lanka's central bank said that he hopes that the government can reach a preliminary…
Business Pakistani rupee hits historic all time low of 200 against the US dollar May 27, 2022 Pakistan's rupee (PKR) has reached an all-time historic low against the US Dollar on the open market. Pakistani…