Sri Lanka gets one more year to repay USD 200 mln bailout fund to Bangladesh

May 09, 2022

Colombo [Sri Lanka], May 9 : As cash-strapped Sri Lanka struggles to emerge out of a deepening economic crisis, Bangladesh has extended the term...

Pakistan in talks with IMF for 24th 'longer and larger' bailout programme

May 18, 2024

The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended...

IMF support team arrives in Pakistan to discuss new loan programme

May 10, 2024

An International Monetary Fund (IMF) team arrived in Pakistan on Friday, to hold talks as they requested a longer and larger size of bailout...

Pakistan seeks 24th bailout package from IMF as country faces prolonged financial crisis

Mar 21, 2024

The International Monetary Fund confirmed that Pakistan was seeking a 24th medium-term bailout package for a permanent push towards longstanding structural reforms, reported Dawn.

Pakistan passes tax-heavy budget; experts condemn reforms amid crisis

Jun 28, 2024

Pakistan's parliament on Friday passed a tax-heavy finance bill for the upcoming fiscal year amid ongoing negotiations for a new International Monetary Fund (IMF)...

Pakistan needs another IMF bailout, says PM Shehbaz Sharif amid economic woes

Mar 21, 2024

Pakistan Prime Minister Shehbaz Sharif said on Thursday that the financially beleaguered nation needed another long-term bailout from the International Monetary Fund (IMF) to...