Cash-Strapped Pakistan Fail To Strike Deal With IMF On Bailout Package As ‘Painful’ Reforms Awaited
WASHINGTON/ISLAMABAD: Cash-strapped Pakistan and the IMF have failed to reach a staff-level agreement on a much-needed USD 1.1 billion bailout...
International Monetary Fund
Pakistan Economic Crisis: ‘We are Living in a Bankrupt Country’, Says Defence Minister
New Delhi: Amid cash-starved Pakistan struggling to grapple with the economic crisis, the country's Defence Minister on Saturday (February 18,...
‘IMF giving tough time, loan conditions beyond imagination’: Pakistan PM Shehbaz Sharif
ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Friday said the International Monetary Fund (IMF) was giving a 'tough time' to...
Blackouts and soaring prices: Pakistan’s economy is on the brink | CNN Business
Islamabad/London CNN — Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost next...
Cash-strapped Pakistan’s rupee plunges amid talks with IMF – Times of India
ISLAMABAD: Cash-strapped Pakistan’s currency plunged Thursday against the dollar after the government indicated it was ready to comply with tough...
Why Egypt is asking its people to eat chicken feet | CNN Business
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside...
Executions aren’t new in Iran, but this time they’re different | CNN
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside...
Pakistan averts default; pays $1 billion Sukuk bond before schedule – Times of India
ISLAMABAD: Cash-strapped Pakistan has averted a default on its repayment of $1 billion against a matured international Sukuk (Sharia-compliant bond)...
Budget to target both high prices, slowing growth: Nirmala Sitharaman – Times of India
NEW DELHI/WASHINGTON: Finance minister Nirmala Sitharaman has said that the next Budget will be carefully structured to address the twin...
Headless state: Political vacuum haunts Sri Lanka as crisis deepens – Times of India
NEW DELHI: After his dramatic midnight escape to Maldives, Sri Lankan President Gotabaya Rajapaksa is planning to seek temporary refuge...
Ukraine’s Grim Economic Toll From War Confronts World Governments
WASHINGTON—Top world financial officials gathered in Washington this past week confronted a grim picture of the growing economic costs of...
sitharaman: IMF to expand work on crypto as finance minister Nirmala Sitharaman flags threats – Times of India
NEW DELHI: The International Monetary Fund on Tuesday vowed to expand its work on crypto assets, amid a call from...
sri lanka: Sri Lanka to turn off street lights in deepening economic crisis – Times of India
COLOMBO: Sri Lanka is turning off street lights to save electricity, a minister said on Thursday, as its worst economic...
Former World Bank Chief Didn’t Act on Warnings of Sexual Harassment
Former World Bank chief Kristalina Georgieva knew about a top official’s sexual misconduct but failed to take any action despite...
IMF Sees Brighter Outlook for Global Economy
WASHINGTON—The International Monetary Fund is preparing to raise its forecasts for the global economy in 2021 and 2022 thanks to...
India only major economy in world to register double-digit growth in 2021
Washington: The IMF on Tuesday projected an impressive 11.5 per cent growth rate for India in 2021, making the country...
