IMF seeks strong budget, narrower deficit from Sri Lanka NEW DELHI: The International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka... Published 20 Oct, 2023 10:35am
Business & Finance Pakistan to appoint adviser as it privatises money-losing national airline ISLAMABAD: Pakistan will appoint an adviser to draft a plan to privatise its money-losing national airline, the... Updated 10 Oct, 2023 10:40pm
Business & Finance IMF, World Bank hold first meetings in Africa in 50 years MARRAKESH: The IMF and World Bank gather in Morocco Monday for their first annual meetings on African soil in 50... Published 09 Oct, 2023 12:15pm
World IMF staff, Ghana agree first review of $3bn programme ACCRA: The International Monetary Fund and Ghana’s government have reached a staff-level agreement on the first... Published 06 Oct, 2023 04:46pm
World Japan may arrange G7 finance meeting next week TOKYO: Japan is considering arranging a Group of Seven (G7) finance leaders’ meeting next week on the sidelines of... Published 06 Oct, 2023 10:38am
World IMF, World Bank to tackle climate goals among reforms at annual meetings WASHINGTON: The World Bank and International Monetary Fund will tackle the thorny issue of institutional reform at... Published 05 Oct, 2023 10:24am
World Sri Lanka’s creditors likely to reach debt reduction deal in Oct TOKYO: Sri Lanka’s major creditors such as Japan, India and France are likely to reach a broad agreement this month... Published 02 Oct, 2023 04:37pm
Markets Sri Lanka fails to seal first review of IMF’s bailout, talks to continue COLOMBO: The International Monetary Fund (IMF) concluded its visit to Sri Lanka but did not reach a staff level... Published 27 Sep, 2023 03:42pm
Business & Finance Kenya walking ‘tightrope’ due to debt strains: JPMorgan LONDON: Kenya’s mounting debt strains mean it is “walking a tightrope” to avoid a crisis, US investment bank... Published 26 Sep, 2023 07:19pm
Markets Sri Lanka’s revenue shortfall concerns IMF team COLOMBO: The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka’s... Published 26 Sep, 2023 06:12pm
Markets IMF board clears Suriname review, sees advance in China debt talks NEW YORK: The board of the International Monetary Fund said on Monday it completed a third review of Suriname’s $630... Published 26 Sep, 2023 10:55am
Markets IMF mission starts second review of Ukraine programme KYIV: An International Monetary Fund monitoring mission started work on Monday on the second review of a $15.6... Published 25 Sep, 2023 02:31pm
World IMF reaches deal with Malawi on $174mn new loan BLANTYRE: The International Monetary Fund (IMF) reached an agreement with Malawi for a new loan of about $174... Published 21 Sep, 2023 05:34pm
Markets Ghana reopens debt exchange for 12.9bn cedis of local bonds ACCRA: Ghana is reopening a debt exchange that was originally settled in February for another 12.9 billion cedis... Published 14 Sep, 2023 12:50pm
Markets Oil cut extension raises risk of Saudi economic contraction this year DUBAI: Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude... Published 10 Sep, 2023 01:01pm
World Morocco survivors seek aid as earthquake toll passes 2,100 MOULAY BRAHIM: Survivors of Morocco’s deadliest earthquake in more than six decades struggled to find food, water... Updated 10 Sep, 2023 09:39pm
World Yellen to work with India at G20 Summit to aid successful communique crafting NEW DELHI: US Treasury Secretary Janet Yellen said on Friday the United States was willing to work with India to... Published 08 Sep, 2023 11:16am
Markets IMF and regulators set out roadmap to contain crypto risks LONDON: Global financial regulators and the International Monetary Fund on Thursday set out a roadmap to coordinate... Published 07 Sep, 2023 01:37pm
World G20 summit: Who is coming to India, and who is not NEW DELHI: Leaders from the world’s top economies arrive in India on Friday for a two-day G20 summit overshadowed by... Published 06 Sep, 2023 11:39am
World Pakistan among countries in grip of debt problems LONDON: The persistent and damaging debt problems gripping a number of developing world nations will be a core topic... Published 03 Sep, 2023 02:57pm
World IMF managing director to meet leaders in China, go to Indonesia, India BEIJING: International Monetary Fund Managing Director Kristalina Georgieva will visit China from Wednesday to meet... Published 29 Aug, 2023 09:53am
Markets Kuwait’s economic recovery faces ‘substantial’ risks: IMF DUBAI: Kuwait’s economic recovery is ongoing but risks to the oil producer’s outlook “remain substantial” and... Updated 23 Aug, 2023 06:25pm
Business & Finance Sri Lanka’s July consumer inflation eases to 4.6% COLOMBO: Sri Lanka’s consumer price inflation slowed to 4.6% year-on-year in July from 10.8% in June, helped by... Published 21 Aug, 2023 03:25pm
Business & Finance Sri Lanka lifts import ban on trucks, heavy vehicles COLOMBO: Sri Lanka on Tuesday lifted a ban on imports of trucks and other heavy vehicles for the first time since... Published 15 Aug, 2023 01:31pm
Markets Pakistan’s economic woes leave textile industry in tatters LAHORE: Factory worker Lubna Babar was made redundant at the beginning of the year, a victim of a crisis in the... Published 06 Aug, 2023 12:13pm
World Argentina uses $775mn Qatar loan to repay IMF BUENOS AIRES: The Argentine government said Friday it will use a loan from Qatar amounting to $775 million to make a... Published 05 Aug, 2023 10:17am
Pakistan PM Shehbaz proposes parliament dissolution on August 9 ISLAMABAD: Prime Minister Shehbaz Sharif proposed that parliament be dissolved on August 9, three days before the... Updated 04 Aug, 2023 07:57pm
Markets As West fears Tunisia collapse, hopes of IMF bailout fade TUNIS: Western nations fear an economic collapse in Tunisia could trigger even greater migrant flows to Europe and... Published 26 Jul, 2023 11:40am
Markets Corn, soybeans down for 2nd session on improved US weather outlook SINGAPORE: Chicago corn futures lost more than 1% on Wednesday and soybeans extended losses, as US forecasts for... Published 26 Jul, 2023 10:37am
World IMF nudges up 2023 economic outlook but warns of slowing global growth ahead Global growth forecast for this year raised by 0.2 percentage points from the IMF's last forecast in April, putting the world economy on track for 3% growth in both 2023 and 2024 Updated 25 Jul, 2023 09:51pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn