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IMF BAILOUT PACKAGE
Sri Lanka's new government says "committed" to IMF's bailout package, hopes of renegotiating conditionsThe new Sri Lankan government, led by President Anura Kumara Dissanayake, is committed to the IMF's USD 2.9 billion bailout package. They p...
Sri Lanka fails to seal first review of IMF's bailout, talks to continueThe International Monetary Fund (IMF) on Wednesday completed its Sri Lanka visit, however, it did not reach a staff level agreement which w...
Pakistan Army chief played role in securing funds from Saudi & UAE to fulfill IMF pre-conditions: PM Shehbaz SharifThe funds are part of a USD 6.5 billion bailout package the IMF approved in 2019, which analysts say is critical if Pakistan is to avoid de...
China silent on debt reduction targets for Sri Lanka to get IMF bailout loanChina's EXIM Bank has issued a letter granting Sri Lanka a two-year moratorium on repayment and agreeing with the IMF's Extended Fund Facil...
Sri Lanka thanks India for backing its $2.9 billion bailout package; issuing guarantees to IMFIn a statement on Wednesday, the Governor of the Central Bank of Sri Lanka Nandalal Weerasinghe thanked India for issuing the necessary gua...
After India, China gives financing assurances to Sri Lanka for IMF bailout packageThe Sunday Times newspaper reported that China's Exim Bank delivered a letter on Saturday granting Sri Lanka a two-year moratorium on repay...
Former Pakistan FM Ishaq Dar advises govt to renegotiate IMF bailout packageThe PML-N leader Ishaq Dar claimed that Pakistan had lost Rs 4 trillion by free-floating of the dollar by the PTI government. The IMF agree...
IMF postpones second review of USD 6 billion bailout package for PakistanThe IMF has postponed the second review of its USD 6 billion bailout package for cash-strapped Pakistan scheduled on Friday, citing a delay...
Pakistan Rupee could touch 250 vis-a-vis dollar within a year: Noted economistKaiser Bengali has also described the China Pakistan Economic Corridor (CPEC) as a product of the new "East India company".
'Pak rupee could touch 250 a dollar within a year'Pakistan recently reached an agreement with the IMF over a $6 billion bailout package to help prop up its public finances and a slowing eco...
Pakistan reaches agreement with IMF, to get $6 billion over 3 yearsPakistan would receive $ 6 billion worth of assistance under the IMF programme over a period of three years.
Pak appoints ex-IMF official as new SBP governorThe government also appointed Ahmed Mujtaba Memon as the chairman of the FBR.
IMF likely to delay bailout package to Pakistan as talks for finalising deal still onThe IMF is also demanding details of more than $6.5 bn of commercial loans Pakistan has received from China in the past two and a half year...
Senior US Congressmen urges Trump administration to prevent IMF bailout to PakistanThe Congressmen raised queries on Pakistan’s history with IMF spread over a period of 30 years.
US to evaluate Pakistan's bailout request on meritThe spokesperson was responding to a question on the request made by Pakistan for a USD 8 bailout package.
Euro group releases first bailout installment for CyprusThe euro group has signed off the first installment of the $13 billion financial bailout package for debt-stricken Cyprus.
- Greece bailout package likely to top 135 billion euros
As Greece moved closer to bankruptcy, it is clear that the EU bailout package of 30 bn euros would not be sufficient even to service its de...