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Pakistan to receive yet another loan from the IMF, $7 billion this time

The new IMF programme in Pakistan is to strengthen public finances, reduce inflation, and remove economic distortions to spur private sector growth.

A participant stands near a logo of IMF at the International Monetary Fund - World Bank annual meeting in Bali, Indonesia (Reuters)
Published on Jul 13, 2024 05:31 PM IST
PTI |

Pak Finance Minister Aurangzeb says new IMF deal to help country’s macroeconomic stability

Pak Finance Minister Aurangzeb says new IMF deal to help country’s macroeconomic stability

Pak Finance Minister Aurangzeb says new IMF deal to help country’s macroeconomic stability
Published on Jul 13, 2024 02:42 PM IST
PTI |

Pakistan has met all requirements for IMF bailout deal, finance official says

Pakistan has set challenging revenue targets in its annual budget to help it win approval from the IMF for a loan to stave off another economic meltdown.

A dark street in a commercial area in Lahore, Pakistan.(Bloomberg)
Published on Jul 03, 2024 11:55 AM IST
Reuters |

Sri Lanka finalises debt restructure agreement with official creditor committee

Sri Lanka reached a final restructuring agreement for $5.8 billion with its bilateral lenders’ official creditor committee headed by India, Japan, and France.

A woman walks past posters pasted on a roadside wall saying 'good news' in Sinhala language, in Colombo on June 25, 2024, as President Ranil Wickremesinghe is expected to announce a debt restructure deal with bilateral lenders after a sovereign default in April 2022. (Ishara S.Kodikara / AFP)
Published on Jun 26, 2024 09:07 PM IST
PTI |

Financial stability challenges need to be discussed, IMF MD echoes RBI governor

The IMF's MD echoed sentiments of RBI Governor Das, emphasizing financial stability challenges due to economic developments, geopolitics, climate & technology.

Kristalina Georgieva, managing director of the International Monetary Fund (IMF). (Mint)
Published on Jun 08, 2024 03:31 PM IST
ANI |
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