State Minister for Finance Ranjith Siyambalapitiya said that $120 million was used to settle the loan taken from India, reports Susitha Fernando Sri Lanka has used the very first tranche…
The political situation in Pakistan has become a factor in the deal’s postponement…reports Asian Lite News The International Monetary Fund (IMF) is in a dilemma regarding the sustainability of its…
On Monday night, the IMF approved the 48-month extended arrangement under the Extended Fund Facility (EFF) of $2.9 billion….reports Asian Lite News After Sri Lanka secured the $2.9 billion International…
Sri Lanka started the related negotiations with the international lender in 2022 after the South Asian country was hit by a severe economic crisis….reports Asian Lite News Sri Lankan central…
All eyes are now on the UAE, Qatar, and the Kingdom of Saudi Arabia (KSA) to save Pakistan’s struggling economy….reports Asian Lite News Pakistan is now turning to the Gulf…
The trust gap between Pakistan and IMF widened unabated after previous authorities contravened the agreed terms…reports Asian Lite News Former Finance Minister of Pakistan Miftah Ismail on Friday said that…
Islamabad has embraced the bitter pill of IMF conditionality because it has come on the verge of default and economic collapse…reports Asian Lite News Amidst political uncertainty saturating and economic…
Pakistani side informed the IMF that Islamabad implemented all harsh measures and both sides should move towards signing the state-level agreement…reports Asian Lite News Washington has encouraged Pakistan to continue…
The cash-strapped country is undertaking key measures to secure a $1 billion tranche from the IMF under the ninth review of the EFF….reports Asian Lite News Desperate to revive the…
The Authorities are extremely annoyed at the latest situation, describing it as ‘maltreatment’….reports Asian Lite News The Pakistan government has been trying to put on a brave face in its…
