IMF team arrives in Sri Lanka as crisis worsens | Business and Economy News
Colombo hopes the IMF visit, overlapping with debt restructuring talks, will yield a quick staff-level agreement. An International Monetary Fund
Read MoreColombo hopes the IMF visit, overlapping with debt restructuring talks, will yield a quick staff-level agreement. An International Monetary Fund
Read MoreGotabaya Rajapaksa says he won’t stand for re-election but wants to fix the financial mess rather than ‘go as a
Read MoreThe donor-dependent southern African state, one of the world’s poorest, has been experiencing foreign currency shortages. Malawi has requested a
Read MoreThe rupee has declined about 7 percent in May, steepest drop since March 2020, as Pakistan negotiates a bailout package.
Read MoreFinance minister said that several countries are ready to offer help, but first want Islamabad to secure funds from IMF.
Read MoreSri Lanka’s Prime Minister Ranil Wickremesinghe will take charge as finance minister as well, the president’s office has announced, and
Read MoreSoaring inflation. Squabbles over fuel prices. A fractious political environment. For months, Pakistan has struggled to keep its economy afloat,
Read MoreDoha, Qatar – At a luxury hotel in Qatar’s capital, Pakistani officials are holding talks with the International Monetary Fund
Read MoreVish Govindasamy, the head of Sri Lanka’s oldest business lobby, recalls about a dozen frustrating meetings with the central bank,
Read MoreKarachi, Pakistan – Despite its fast-shrinking foreign exchange reserves which will inhibit imports of essential fuel, cooking oil and pulses,
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