China offers bailout package to Pakistan, refuses to defer loan repayments of Sri Lanka

Dec 22, 2022

Both Sri Lanka and Pakistan are caught in China's debt track but while China has offered a bailout package to Pakistan, it has refused...

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.

China acts as impediment to Sri Lanka's IMF deal

Dec 15, 2022

Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri...

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 asking IMF for USD 7 billion bailout package, could have asked us," says Rajnath Singh in J&K

Sep 22, 2024

Union Defence Minister Rajnath Singh on Sunday said that Pakistan has asked the International Monetary Fund (IMF) for a seven billion dollar bailout package,...

IMF approves final USD 1.1 bn tranche for Pakistan's bailout package

Apr 29, 2024

This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave...