IMF eyes expanded access to emergency aid for food shocks LONDON/WASHINGTON: The International Monetary Fund is looking for ways to provide emergency funding to countries... Published 12 Sep, 2022 10:15am
World Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan COLOMBO: Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency... Updated 31 Aug, 2022 12:19pm
World Sri Lanka widens import ban as economic crisis persists COLOMBO: Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items, as an... Published 24 Aug, 2022 01:01pm
Business & Finance IMF holds Saudi Arabia 2022 economic growth forecast at 7.6% DUBAI: The International Monetary Fund (IMF) on Wednesday kept its 2022 economic growth forecast for Saudi Arabia... Published 17 Aug, 2022 03:20pm
Business & Finance IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’: Nikkei The International Monetary Fund hopes to complete rescue talks with Sri Lanka “as quickly as possible,” Nikkei Asia... Published 20 Jul, 2022 02:21pm
Markets IMF says Russian gas embargo could hit central Europe hard WASHINGTON: A Russian natural gas embargo would cause deep recessions in Hungary, Slovakia, the Czech Republic and... Published 19 Jul, 2022 08:32pm
Markets IMF greenlights $1bn loan to Tanzania SAN FRANCISCO: The International Monetary Fund said Monday it has granted Tanzania a $1.046-billion loan over 40... Published 19 Jul, 2022 10:11am
Pakistan Pakistan to get $4bn from friendly countries to shore up reserves: Miftah Ismail Finance minister says $1.2bn will come in deferred oil payment, while a foreign country will invest $1.5 to $2bn in stocks on a G2G basis Published 16 Jul, 2022 08:12pm
Business & Finance IMF says Sri Lanka is on track for an agreement with it COLOMBO: The International Monetary Fund had constructive and productive discussions with the Sri Lankan authorities... Published 30 Jun, 2022 12:36pm
World Crisis-hit Sri Lanka shuts schools, urges work from home to save fuel COLOMBO: Troops in Sri Lanka handed tokens on Monday to people queueing for petrol amid a severe fuel shortage in ... Updated 27 Jun, 2022 01:46pm
Business & Finance Old is gold: sky-high cost of ageing ships sounds inflation SOS SINGAPORE: Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel... Published 21 Jun, 2022 01:38pm
World IMF delegation visits crisis-hit Sri Lanka with time running out COLOMBO/LONDON: An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout... Published 20 Jun, 2022 11:30am
World IMF plans in-person Sri Lanka mission in coming weeks for policy talks LONDON: The International Monetary Fund (IMF) is planning a staff-level mission in the coming weeks to Sri Lanka “to... Published 09 Jun, 2022 08:13pm
Markets IMF, Argentina reach staff-level agreement, unlocking on $4.03bn WASHINGTON: The International Monetary Fund announced Wednesday that it had reached a staff-level agreement with... Published 09 Jun, 2022 11:17am
World IMF urges countries to support vulnerable, avoid blanket subsidies LONDON: The IMF said on Tuesday governments fighting soaring food and fuel prices should target aid to vulnerable... Published 07 Jun, 2022 08:33pm
World IMF secures $40 billion so far for new sustainability trust LONDON/NEW YORK: The International Monetary Fund (IMF) has received $40 billion in pledges for its new Resilience... Published 27 May, 2022 08:22pm
World IMF's Georgieva says finance leaders must prepare for more inflation shocks KOENIGSWINTER: International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that global... Published 19 May, 2022 09:50pm
World Sri Lanka parliament reconvenes, PM warns of critical shortages COLOMBO: Sri Lanka’s parliament reconvened on Tuesday for the first time since violence flared last week and the... Published 17 May, 2022 12:32pm
World Sri Lanka president set to name new PM COLOMBO: Beleaguered President Gotabaya Rajapaksa was set to name a new prime minister Thursday to try to steer Sri... Published 12 May, 2022 10:23am
World Sri Lanka runs low on gas as supporters rally for embattled PM COLOMBO: Sri Lankan energy companies said on Monday they were running low on stocks of liquid petroleum gas mainly... Published 09 May, 2022 12:44pm
Pakistan Pakistan, Saudi Arabia to discuss augmenting kingdom's $3 billion deposit Discussions involve exploring options to further enhance financing of petroleum products Updated 01 May, 2022 07:23pm
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 27 Apr, 2022 05:19am
Pakistan Pakistan says willing to curb fuel subsidies as discussion with IMF underway Finance minister Miftah Ismail, currently in Washington for talks on seventh review of IMF programme, says 'targeted subsidies' should remain Updated 23 Apr, 2022 05:15pm
World G7 officials exit World Bank meeting as Russian official begins to speak WASHINGTON: G7 officials and others walked out of a meeting of the Development Committee that advises the governors... Published 22 Apr, 2022 08:45pm
World IMF steering committee skips communique after Russia blocks war language Russia’s refusal to agree to strong language condemning its war in Ukraine prevented the steering committee of the... Published 21 Apr, 2022 09:39pm
World IMF’s Georgieva says China should stimulate consumption as lockdowns mount WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that China should... Published 20 Apr, 2022 07:21pm
World One dead after police fire on protesters in Sri Lanka amid bailout talks with IMF COLOMBO: Sri Lankan police fired live ammunition to scatter protesters on Tuesday, killing one person and injuring a... Published 19 Apr, 2022 09:26pm
World IMF cuts global growth forecast due to ‘seismic waves’ Warns inflation is now a 'clear and present danger' for many countries Updated 19 Apr, 2022 09:38pm
World Ukraine conflict to test resilience of global financial system: IMF WASHINGTON: Russia’s invasion of Ukraine has driven up financial stability risks “on several fronts” and will test... Published 19 Apr, 2022 08:02pm
Business & Finance Pakistan to 'continue close engagement' with IMF, World Bank: Miftah Ismail PML-N leader, tipped to become finance chief, says Pakistan will pursue reforms that result in macroeconomic stability Updated 16 Apr, 2022 09:24pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?