imf – Page 7 – Asian News from UK

Pakistan’s IMF bailout in jeopardy

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 plight worsening

March 12, 2023

-Top News·Asia News·Economy

US urges Pakistan to stick with IMF for improving economy

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 working with

March 9, 2023

-Top News·Asia News·USA

Pakistan on its knees before IMF

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 loan programme

March 2, 2023

-Top News·Asia News·Economy

Pakistan irked as IMF ‘shifts goalposts’

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 struggle to

March 1, 2023

-Top News·Asia News·Economy

Pakistan still addicted to the Fund’s tough love

Experts say it can’t meet that obligation, meaning that even if it gets back in the IMF programme, it will still need to negotiate a debt restructuring further down the line. …reports

February 26, 2023

-Top News·Asia News·Economy

Sri Lanka hopes for IMF loan, but China’s stance a roadblock

Sri Lanka is likely to get that elusive $2.9 billion from the IMF in the first quarter this year provided China decides to play ball and dump its notorious debt trap diplomacy…reports

February 24, 2023

-Top News·Asia News·Sri Lanka

Shehbaz warns of inflation post-IMF deal

Prime Minister said that he hoped the matters with the International Monetary Fund will be settled in the next few days…reports Asian Lite News Pakistan Prime Minister Shehbaz Sharif on Wednesday admitted

February 23, 2023

-Top News·Asia News·Economy

Shehbaz goes for austerity measures to keep country afloat

The premier announced that ministers and advisors to the premier have “voluntarily” decided not to take salaries from the government in order to save millions from the national exchequer…reports Asian Lite News

February 22, 2023

-Top News·Asia News·Economy

IMF predicts drop in global inflation

According to the IMF’s update, global economic growth is projected to fall from an estimated 3.4% in 2022 to 2.9% in 2023 before rising to 3.1% in 2024…reports Asian Lite News The

February 16, 2023

-Top News·Economy·World News

Ranil pins hopes on IMF bailout package by March

Wickremesinghe added that the country needs to have political stability to carry out the debt restructuring process…reports Asian Lite News Sri Lankan President Ranil Wickremesinghe on Wednesday said he is hopeful that

February 16, 2023

-Top News·Asia News·Sri Lanka

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