IMF, World Bank, WFP and WTO urge coordinated action on food security WASHINGTON: The World Bank, International Monetary Fund, United Nations World Food Program and World Trade... Published 13 Apr, 2022 09:49pm
World Sri Lanka defaults on entire $51 billion external debt Sri Lanka had sought debt relief from India and China, but both countries instead offered more credit lines to buy commodities from them Updated 12 Apr, 2022 12:31pm
World IMF says 'very concerned' about Sri Lanka's ongoing economic crisis COLOMBO: The International Monetary Fund (IMF) said on Saturday it was "very concerned" about Sri Lanka's ongoing... Updated 09 Apr, 2022 09:59pm
World Sri Lanka opposition threatens no-confidence motion, industry warns of 'fall off precipice' COLOMBO: Sri Lanka's main opposition party on Friday asked the government to take effective action to resolve an... Updated 08 Apr, 2022 07:40pm
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 06 Apr, 2022 05:53am
Business & Finance IMF says monitoring political and economic developments in Sri Lanka ‘very closely’ COLOMBO: The International Monetary Fund (IMF) said on Tuesday that it is monitoring political and economic... Published 05 Apr, 2022 11:01am
Editorials A practical outlook on economy? EDITORIAL: The government constantly cites the 7.6 percent growth in large-scale manufacturing (LSM) July-January... Published 30 Mar, 2022 06:08am
Business & Finance IMF board to decide on Argentina’s key $45bn program LONDON/NEW YORK: The International Monetary Fund (IMF) will decide on Friday on Argentina’s $45 billion program,... Published 25 Mar, 2022 11:47am
Business & Finance Debt-ridden Evergrande urges investor ‘caution’ as audit result delayed HONG KONG: Debt-ridden Chinese property developer giant Evergrande on Tuesday warned investors to “exercise caution”... Published 22 Mar, 2022 10:47am
Business & Finance China property giant Evergrande suspends share trading again HONG KONG: Troubled Chinese property developer giant Evergrande and all its units suspended trading in Hong Kong... Published 21 Mar, 2022 10:42am
World IMF approves $1.4bn in emergency funding for Ukraine WASHINGTON: The International Monetary Fund’s executive board on Wednesday approved $1.4 billion in emergency... Published 10 Mar, 2022 05:10pm
Markets China-backed bank halts lending to Russia, Belarus BEIJING: The China-backed Asian Infrastructure Investment Bank said it will suspend business related to Russia and... Published 04 Mar, 2022 10:13am
Markets IMF starts discussions in Ukraine for next tranche disbursement KYIV: The mission of the International Monetary Fund is starting its work in Ukraine for the second review of the... Published 23 Feb, 2022 11:34am
Markets IMF says Somalia funding at risk over election delays NAIROBI: The International Monetary Fund could stop its programme in Somalia in three months if long-postponed... Published 22 Feb, 2022 11:53am
Markets Sri Lanka open to discussions with IMF COLOMBO: Sri Lanka is open to discussions with the International Monetary Fund (IMF) and other multilateral lenders... Published 22 Feb, 2022 09:48am
Markets IMF backs ECB's easy policy as it sees inflation easing FRANKFURT: The European Central Bank has been right to maintain its easy money policy as inflation is set to fall... Published 17 Feb, 2022 03:39pm
World El Salvador's Bukele tells bitcoin-wary US senators to stay out of internal affairs MEXICO CITY: President Nayib Bukele on Wednesday asked US senators to stay out of El Salvador's "internal affairs"... Published 17 Feb, 2022 12:20pm
World EU summit looks to boost strained ties with Africa BRUSSELS: EU and African leaders meet for a two-day summit on Thursday, seeking to reboot ties with pledges of major... Published 17 Feb, 2022 09:51am
World IMF says wants G20 support to strengthen debt restructuring framework WASHINGTON: The International Monetary Fund said on Thursday it is hoping that G20 finance leaders next week can... Published 10 Feb, 2022 10:11pm
Markets IMF says it is 'ready' to help Sri Lanka - if asked WASHINGTON: The International Monetary Fund is ready to discuss "options" with Sri Lanka if the government asks for... Published 04 Feb, 2022 09:47am
Markets IMF staff cut critical coal language from Japan statement WASHINGTON: The International Monetary Fund deleted a sentence critical of Japan's continued financing of... Published 03 Feb, 2022 10:07am
World IMF, World Bank postpone plans for annual meetings in Morocco WASHINGTON: The International Monetary Fund and World Bank on Monday said they would postpone plans to hold their... Published 31 Jan, 2022 09:53pm
Business & Finance IMF warns of unbalanced China recovery, policy uncertainty BEIJING: The International Monetary Fund said that China's economic recovery is well advanced but imbalanced due to... Published 28 Jan, 2022 02:00pm
Markets IMF recommends Indonesia central bank limit direct bond purchases in 2022 JAKARTA: The International Monetary Fund has recommended Bank Indonesia (BI) limit its 2022 direct purchases of... Published 26 Jan, 2022 01:47pm
Pakistan Another date: IMF board to now meet on February 2 for Pakistan's sixth review IMF website calendar had earlier shown discussion on January 28 However, delay in passage of the SBP (Amendment) Bill 2021 remains issue Updated 26 Jan, 2022 09:50am
World IMF trims UK growth forecast, sees room for help on energy bills LONDON: The International Monetary Fund cut its forecast for British economic growth this year due to disruption ... Updated 25 Jan, 2022 09:19pm
World IMF cuts 2022 Latin America growth forecast; Mexico, Brazil see big hits The International Monetary Fund on Tuesday lowered its 2022 economic growth forecasts for Latin America and its two... Updated 25 Jan, 2022 09:24pm
World IMF cuts growth forecasts for US, China and the world as Omicron spreads WASHINGTON: The International Monetary Fund lowered its economic forecasts for the United States, China and the... Published 25 Jan, 2022 07:19pm
World IMF warns Fed tightening may delay Asia's recovery TOKYO: Expected interest rate hikes by the US Federal Reserve may delay emerging Asia's economic recovery and keep... Published 25 Jan, 2022 07:12pm
Markets IMF to meet with all Chad's creditors by end of January WASHINGTON: The International Monetary will present an updated macroeconomic framework to all of Chad's creditors by... Published 24 Jan, 2022 10:00pm