Monday, July 8, 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

PoliticsTVI -

Keir Starmer becomes UK’s new prime minister as Labour wins UK general election 2024

UK Labour Party Leader Keir Starmer has become prime minister of UK after a ceremonial meeting with King Charles III on July 5, 2024. Starmer has led Labour to secure a landslide victory in the UK’s 2024 general election to end 14 years of Conservative rule.

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