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Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...- Pakistan's Gen Z taking to investing in stocks in big way, claim stock managersPakistan's Gen Z is driving new accounts on the stock exchange, making up 41% of openings in FY25-26. Despite this surge, overall investmen...
- Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...
- Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
- FM Nirmala Sitharaman targets Rahul Gandhi, says India's growth story belies Opposition's doom predictionsResponding to Rahul Gandhi's criticisms, Finance Minister Nirmala Sitharaman confidently proclaimed India as the fastest-growing major econ...
- On This Day in History, June 13: Alexander dies, Miranda ruling, Korea summit, FIFA 2026 awarded to US-Canada-Mexico, Trump charged and more eventsOn This Day in History, June 13 witnessed the death of Alexander the Great, the signing of the enduring Anglo-Portuguese alliance, the land...
- Sleep on thisIn an ironic twist, a recent trade pact transforms ambitions into dilemmas, leaving society fatigued. Economic indicators show growth, iron...
- Pakistan receives USD 1.3 bn loan from IMF: Central bankPakistan has recieved USD 1.3 billion from the International Monetary Fund. This funding comes from two separate programs, the Extended Fun...
- Pakistan secures $1.32 billion IMF funding amid push for reforms, economic stabilityThe International Monetary Fund board has approved new funding for Pakistan. This decision allows for immediate disbursements of approximat...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- EU approves a $106 billion loan package to help Ukraine after Hungary lifts its vetoThe European Union has approved a substantial loan for Ukraine to support its economy and military. This comes after Hungary ended its oppo...
- Pakistan to repay USD 1.5 billion outstanding UAE debt by April 23Pakistan's central bank plans to settle a USD 1.5 billion loan with the United Arab Emirates by April 23. This move follows a USD 2 billion...
- For a few billion dollars, Pakistan has landed in dire straitsPakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...
- Pakistan says all options on table for funding, weighs strategic fuel reservePakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...
- Iran war leaves crisis-scarred countries counting the costIran war: Sri Lanka, Egypt, and Pakistan are struggling with rising energy costs. The Iran war has worsened their economic situations. Thes...
- India may oppose $1.3 billion IMF loan to PakistanIndia is considering opposing a $1.3 billion IMF loan to Pakistan, citing concerns about misuse of funds and support for terrorism. The IMF...
- Pakistan paid over USD 3.5 billion in interest to IMFAccording to The Express Tribune, during the briefing by officials from the Ministry of Finance and the State Bank of Pakistan, it was disc...
- Pakistan, IMF commence negotiations for release of $710 mn second tranche of $3 bn loanPakistan and the IMF have initiated discussions to secure the second tranche of a $3 billion bailout package, beginning on a positive note....
- Bangladesh seeking IMF loan is a pragmatic call: Former foreign secretaryShahidul Haque emphasised that the country’s fundamentals are sound and its economy, agriculture, and services are doing extremely well, wi...
- Ireland swallows bitter pill, asks EU for loanDebt-crippled Ireland has formally applied for a massive EU-IMF loan to stem the flight of capital from its banks.
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