IMF Executive Board approves USD 3 billion under New Extended Fund Facility arrangement for Sri Lanka

Mar 20, 2023

Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis. The economy is facing significant challenges stemming from pre-existing vulnerabilities and...

Kenya gets 264 mln USD from IMF to boost economic recovery

Nov 06, 2021

Nairobi [Kenya], November 6 (ANI/Xinhua): Kenya has received the green light to access 29.4 billion shillings (264 million U.S. dollars) from the International Monetary...

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...

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...

Pakistan to formally approach IMF for fresh bailout package in upcoming annual spring meetings

Apr 10, 2024

Pakistan has decided to formally approach the global lender, the International Monetary Fund (IMF) for the medium-term Extended Fund Facility (EFF) during the upcoming...

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...