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IMF DEBT OBLIGATIONS
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 faces $23 billion in external debt servicing this fiscal yearPakistan faces a significant financial challenge, needing to repay over USD 23 billion in external debt this fiscal year. While USD 12 bill...
- IMF lowers China 2023 economic growth forecast to 5.0%The International Monetary Fund (IMF) has revised down its economic growth forecast for China in 2023 to 5.0% from 5.2%. The IMF attributed...
- China agrees to reschedule USD 2 billion debt of PakistanChina has agreed to reschedule over USD 2 billion debt of Pakistan for a period of two years. Pakistan has built two nuclear power plants i...
- US default would have 'very serious repercussions': IMFRepublicans and Democrats remain sharply divided over the debt ceiling, with Republicans in Congress insisting that President Joe Biden's a...
- 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...
- Pakistan needs to pay USD 77.5 billion in external debt; risk of default 'real', says US think tankPakistan is awaiting a much-needed USD 1.1 billion tranche of funding from the Washington-based International Monetary Fund, originally due...
- IMF denies tying bailout to compromise on Pakistan's nuclear capability: ReportThe 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...
- IMF chief pleased Sri Lanka reached staff-level deal for $2.9 billionThe International Monetary Fund (IMF) on Thursday announced that it will provide Sri Lanka a loan of about USD 2.9 billion over a four-year...
- IMF intends to ban Pakistan from seeking more Chinese loans, say reportsIslamabad's plan to seek PKR 7.9 billion from China for China Pakistan Economic Corridor (CPEC) projects is now likely to hinge upon the IM...
- Pakistan's economic condition continues to deteriorate due to 'deep debt'According to Islam Khabar, persistent borrowing creates a spiral with more borrowing leading to an impending economic crisis. Evidence supp...
- China has ability to address Evergrande situation, still risks remain: IMFIn the IMF's Global Financial Stability Report, the organization more broadly urged policymakers to "act decisively" and target continued e...
- More than 300 lawmakers urge IMF, World Bank to cancel poor countries' debtThe initiative, led by former U.S. presidential candidate Senator Bernie Sanders and Representative Ilham Omar, a Democrat from Minnesota, ...
- International Monetary Fund approves debt relief for 25 poor countriesThe IMF board approved the debt relief for the countries, nearly all in Africa, but also Afghanistan, Yemen, Nepal and Haiti. The fund toge...
- Euro crisis: Who'll pay the milkman when Greece runs out of cash?Greece has to come up with about 4-bn euros by the end of May for debt payments. Then there's the 1.5-bn euro monthly tab for salaries and ...
- Countries avoid IMF unless they are desperate, says Raghuram Rajan, RBI Governor"There's no way we are close to being a country in economic crisis... There's not a chance we will go to the IMF for money in the next five...
- ET in the Classroom: Sovereign debt crisisSovereign debt crisis means the sovereign government’s borrowing from domestic and external markets is in excess of its capacity to repay, ...
- ET in the classroom: IMF's note purchase agreementLast April, the International Monetary Fund constituted a new war chest to help nations affected by the global financial and economic crisi...
- IMF approves $15.7 bn loan to HungaryThe International Monetary Fund has approved a 15.7 billion-dollar loan for Hungary to shore up the country's economy ravaged by financial ...
- Pakistan on the verge of default, may approach IMF for bailoutPakistan, perceived as the world's riskiest borrower, may seek the help of the IMF to avoid default on its debt obligations.
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