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Tag: International Monetary Fund

Amid Lingering Threats, Global Economy Demonstrates Resilience and Optimism

The International Monetary Fund (IMF) said on Tuesday that despite persistent inflation and a slow recovery in China, the global economy is showing indications...

Sheikh Hasina, the Prime Minister of Bangladesh, has said that her country would not go through a crisis similar to that which occurred in...

Although the government of Bangladesh has applied for loans from international organisations in response to a decline in its reserves and rising import prices,...

According to Janet Yellen, increasing economic possibilities for women would help the US and South Korea

Janet Yellen, the Secretary of the United States Treasury, recently spoke to a group of female business owners in Seoul and told them that...

Report: Pakistan Gives Reassurances to the IMF Regarding CPEC Energy Deals

Reducing investment profit rates or delaying loan repayments have been promised to Pakistan by Chinese investors participating in the China-Pakistan Economic Corridor (CPEC) power...

Pakistan and the International Monetary Fund Come to an Initial Agreement on a $6 Billion Bailout

The International Monetary Fund (IMF) announced on Thursday that it had reached a preliminary agreement with Pakistan to revive a $6 billion bailout package...

At 21.3 percent, Pakistan’s inflation is the highest in 13 years

The inflation rate in Pakistan reached its highest level since December 2008, when it was 23.3 percent, when it reached 21.3 percent in the...

Discussions are taking place between a delegation from the IMF and Prime Minister Ranil Wickremesinghe

Ranil Wickremesinghe, the Prime Minister of Sri Lanka, met with a team from the International Monetary Fund (IMF) that was in the country on...

Schools and government offices in Sri Lanka will be closed, and all forms of transportation will come to a standstill

On Friday, the government of Sri Lanka announced that all government offices and schools would be closed for the next two weeks owing to...

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