Sri Lankan President welcomes financial assurances from creditors, highlights importance of IMF agreement

Mar 08, 2023

Wickremesinghe stated that he and Sri Lanka's Central Bank Governor signed the agreement and sent it to IMF. He noted that a response from...

IMF bailout discussion on Sri Lanka debt restructuring still on lower pedestal as China keeps mum

Sep 13, 2022

Colombo [Sri Lanka], September 13 : Sri Lanka has reached an agreement with the International Monetary Funds (IMF) regarding debt restructuring which will start...

IMF board to consider approval of Sri Lanka's bailout package on March 20

Mar 07, 2023

IMF noted that the financial assurances from creditors paves the way for consideration of approval of the state-level agreement reached on September 1.

IMF calls for quick agreement between Zambia, creditors on debt restructuring

Jun 15, 2022

Zambia [Zimbabwe], June 16 (ANI/Xinhua): The International Monetary Fund (IMF) on Wednesday called for a quick agreement between Zambia and its creditors on debt...

Pakistan's USD 7 billion IMF loan fails to alleviate economic struggles amid rising corruption, electricity costs

Oct 03, 2024

Pakistan has recently reached a significant agreement with the International Monetary Fund (IMF) for a USD 7 billion loan, yet many citizens express frustration...

Pakistan, IMF reach agreement on USD 6 bn Extended Fund Facility loan

Jul 14, 2022

Islamabad [Pakistan], July 14 : The International Monetary Fund (IMF) has said that it had reached a staff-level agreement with Pakistan on the combined...