imf - Asian News from UK

Pak economy in tailspin as Saudi cold, IMF paused

There is a very slim chance that Pakistan may be able to win Saudi Arabian support for the resumption of its IMF programme, but if it does, this will be a temporary

April 11, 2023

-Top News·Asia News·Economy

IMF lauds India’s digital infrastructure

International Monetary Fund says India’s world-class digital public infrastructure is a lesson for other countries in a working paper…reports Asian Lite News India’s journey in developing a “world-class digital public infrastructure” highlights

April 6, 2023

-Top News·India News

Sri Lanka settles part of India’s credit line

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 of the

March 25, 2023

-Top News·India News·Sri Lanka

IMF in a bind over Pakistan funding sustainability

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 funding in

March 22, 2023

-Top News·Asia News

Lanka bailout: IMF stresses anti-corruption, governance reforms

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 Monetary Fund

March 21, 2023

-Top News·Asia News·Sri Lanka

IMF to approve $2.9 bn bailout package for Lanka

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 bank governor

March 19, 2023

-Top News·Asia News·Sri Lanka

Pakistan now turning to ‘Gulf friends’ to unlock IMF loan

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 states that

March 17, 2023

-Top News·Arab News·Asia News

Miftah Ismail: IMF doesn’t trust Pak finance ministry

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 the International

March 14, 2023

-Top News·Asia News·Economy

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

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