Islamabad, Pakistan – When Pakistan reached yet another staff-level agreement (SLA) with the International Monetary Fund (IMF) in July for a $7bn, three-year loan programme,…
Press play to listen to this article Voiced by artificial intelligence. Deep in the Wyoming wilderness last month, Christine Lagarde, president of the European Central…
Three years ago, Qantas A380 planes were gathering dust in the Mojave Desert in California with the national carrier on the brink of bankruptcy.Key points:Alan Joyce…
This is the first time an IMF programme has been linked to such a measure in Asia. Sri Lanka’s Parliament has approved an anti-corruption bill,…
IMF approves release of funds over nine months to support Pakistan’s economic stabilisation programme. The International Monetary Fund (IMF) has approved a much-awaited $3bn bailout…
Global lender expresses dissatisfaction with recently presented budget only two weeks before the bailout programme expires. The International Monetary Fund (IMF) has expressed dissatisfaction with…
Press play to listen to this article Voiced by artificial intelligence. Pakistan has enough problems — including escalating attacks by Taliban insurgents and a spiraling…
Press play to listen to this article Voiced by artificial intelligence. ZURICH — In one of Europe’s wealthiest squares, overlooked by the looming headquarters of…
Voting is under way in Greece’s parliamentary election, the first since the country’s economy ceased to be subject to strict supervision and control by international…
IMF wants Cairo to privatise state assets and allow flexibility in its currency, Bloomberg report says. The International Monetary Fund wants Egypt to enact more…
BREAKINGBREAKING, Rescue packages comes as Island nation is grappling with its worst economic crisis in 70 years. Sri Lanka has received the first tranche of…
From: Inside StoryThe bankrupt nation faces a tough road ahead. Years of economic mismanagement and the effects of the pandemic have pushed Sri Lanka into…
Sri Lanka’s president has said that the International Monetary Fund (IMF) has approved its request for a $2.9bn bailout and the country’s presidency said the…
Whatever you do, don't call it a bank bailout.Americans gripped their wallets this week when the now-shuttered Silicon Valley Bank announced they had suffered $1.8 billion in after-tax…
Public sector workers demand the government roll back high taxes imposed as a precondition to unlock $2.9bn IMF loan. Thousands of workers at hospitals, schools…
1/2 U.S. Treasury Secretary Janet Yellen said Silicon Valley Bank’s collapse will not warrant a government bailout. File photo by Bonnie Cash/UPI | License Photo…
Treasury Secretary Janet Yellen said on Sunday, local time, that the federal government would not bail out Silicon Valley Bank, but is working to help…
Pakistan’s Prime Minister Shehbaz Sharif has said that the government will have to agree to International Monetary Fund (IMF) bailout conditions that are “beyond imagination”.…
Pakistan’s Prime Minister Shehbaz Sharif has said that the government will have to agree to International Monetary Fund (IMF) bailout conditions that are “beyond imagination”.…