International Monetary Fund

Peso Set Free: Argentina Makes Bold Economic Shift With IMF Support

Argentina ends key currency restrictions and lets the peso trade freely after securing a $20 billion IMF deal.

3 months ago

IMF Approves $1.2 Billion For Egypt, Unlocks Additional $1.3 Billion Under New Facility

Egypt secured $2.5 billion from the IMF as part of its $8 billion economic reform program. The funding follows financial…

4 months ago

Sri Lanka President Pledges to Eradicate Corruption on Independence Anniversary

Sri Lanka’s President Anura Kumara Dissanayake marks Independence Day with a pledge to end corruption and ensure economic stability.

5 months ago

IMF Approves Third Review Of Sri Lanka’s $2.9bn Bailout As Economy Shows Recovery

International Monetary Fund (IMF) has approved the third review of Sri Lanka’s $2.9 billion bailout on Saturday, acknowledging signs of…

8 months ago

Global Economic Turmoil: Nations Struggle Amid Debt Crises And Recovery Efforts

Economic challenges plague several countries, including Pakistan and Venezuela, grappling with high debt and inflation. In contrast, Sri Lanka has…

9 months ago

BRICS Advocates for Increased Use of Local Currencies in Member Trade

The BRICS Foreign Ministers convened in Nizhny Novgorod, Russia, on Monday to discuss various topics, notably the increased use of…

1 year ago

IMF Asks Pakistan to ‘Impose’ Tax on Monthly Pensions

The International Monetary Fund (IMF) mission has reportedly urged Pakistani authorities to implement a tax on monthly pensions exceeding Rs…

1 year ago

Pakistan’s SBP Receives $1.1 Billion IMF Funding

The State Bank of Pakistan (SBP) has received approximately USD 1.1 billion from the International Monetary Fund (IMF), following the…

1 year ago

IMF Approves Final $1.1 Billion Installment as Pakistan’s Assistance Plan

The executive board of the International Monetary Fund approved $1.1 billion in cash for Pakistan, according to a press statement,…

1 year ago

JPMorgan Chase CEO Jamie Dimon Lauds PM Modi’s Leadership

Jamie Dimon, the Chairman and CEO of JPMorgan Chase, praised Prime Minister Narendra Modi during a luncheon hosted by the…

1 year ago

Pakistan formally requests an IMF bailout package ranging from USD 6 to 8 billion

Pakistan has formally requested a new bailout package from the International Monetary Fund (IMF), seeking between USD 6 billion to…

1 year ago

India’s economy surges: IMF raises growth forecast to 6.8%

The International Monetary Fund (IMF) recently adjusted its growth forecast for India, raising it from 6.5% to 6.8%. This positions…

1 year ago