Friday, July 5, 2024
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IMF

World view

IMF approves $2.9 billion bailout for Sri Lanka

Web Staff -
The bailout, however, came with conditions, including a requirement for a debt restructuring plan that must be agreed upon by all creditors by June.
World view

Sri Lankan PM admits bankruptcy, warns crisis could drag through 2023

Web Staff -
Acute shortages of food, fuel, and medicine will continue through 2023, warned PM Wickremesinghe
Home

Pakistan hikes fuel prices to revive IMF funding

Web Staff -
Pakistan raises the prices of petroleum products by Rs30 per liter
Diplomatic News

No IMF package until fuel, energy subsidies revoked

Web Staff -
A staff-level agreement couldn't be reached because of government’s inability to increase fuel and electricity prices.
Business

Rupee continues to fall, new government begins talks with IMF

Web Staff -
On Thursday, rupee traded at Rs. 187.25 against dollar.
World view

Sri Lanka seeks IMF, World Bank support as economic crisis deepens

Web Staff -
Sri Lanka has sought IMF, World Bank help to counter economic crisis in the country
Business

Pakistan, IMF reach agreement for release of $1 billion loan tranche

Web Staff -
IIMF deal with Pakistan would revive $6 billion bailout
Pakistan

Pakistan, IMF agree on reforms to release around $500 million

Web Staff -
The amount will be released after the approval from IMF’s executive board

Latest News

ClimateWeb Staff -

Storms cause flooding in Switzerland, Italy and France as wildfires rage in Turkey and Greece

Extreme weather across Europe has caused four deaths in storms in Switzerland and northern Italy, while wildfires have forced evacuations in Greece and Turkey.

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