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IMF
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Factbox: Emerging economies confronting a debt crisis
High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in ... Economy -
IMF team to begin meeting officials in Ukraine
An International Monetary Fund will begin holding meetings in Ukraine on Sunday to discuss policy goals and challenges with government officials and ... World News -
IMF to grant Morocco $1.3 billion loan: State media
The International Monetary Fund (IMF) will grant Morocco a $1.3 billion loan, Morocco’s state media reported on Tuesday.For all the latest headlines ... North Africa -
IMF, World Bank annual meeting to proceed in Marrakech despite earthquake tragedy
The International Monetary Fund (IMF), the World Bank and Morocco on Monday announced the annual meetings of the two global institutions would proceed ... North Africa -
IMF criticizes Lebanon for failing to enact reforms
The International Monetary Fund renewed its criticism of Lebanon Friday for failing to enact reforms demanded by creditors in return for releasing ... Middle East -
Morocco wants IMF-World Bank meetings to proceed despite quake losses
The Moroccan government wants to proceed with International Monetary Fund-World Bank annual meetings scheduled for October in Marrakech despite ... North Africa -
Saudi Arabia’s unemployment rate drops to 4.8 pct, youth unemployment halved: IMF
The total rate of unemployment in the Kingdom dropped to 4.8 percent by the end of 2022 from nine percent during COVID-19. Saudi Arabia -
IMF projects Saudi Arabia budget deficit at 1.2 percent of GDP in 2023
The International Monetary Fund (IMF) projects Saudi Arabia to swing to a fiscal deficit of 1.2 percent of GDP in 2023, from a surplus of 2.5 percent ... Economy -
Germany’s factory orders sharply decline in July
German factory orders fell more than expected in July, official data showed Wednesday, in the latest setback for Europe’s largest economy as it ... Economy -
Climate change may increase conflict deaths in fragile, war-torn states, says IMF
Climate change is likely to worsen conflicts in fragile and war-torn states, resulting in higher death rates and greatly reduced GDP, the ... World News -
Argentina uses $775 million Qatar loan to repay IMF
The Argentine government said Friday it will use a loan from Qatar amounting to $775 million to make a payment to the International Monetary Fund as ... World News -
Pakistan offers foreign investors stake in $8 bln sovereign wealth fund
Pakistan has transferred its entire shareholding in seven companies to a $8 billion new sovereign wealth fund with the aim to offer the stakes to ... Economy -
Pakistan finance minister Ishaq Dar proposed as caretaker government head
One of the main parties in Pakistan’s ruling coalition has proposed that Finance Minister Ishaq Dar lead an incoming caretaker government, party ... World News -
Tunisian economy may still get $1 bln loan on condition of IMF support
The European Union could still lend Tunisia’s battered economy 900 million euros ($1.0 billion), an EU official said on Monday, but further talks will ... North Africa -
Pakistan’s $3 billion bailout program approved by IMF board
The International Monetary Fund (IMF) said Wednesday that it has approved a $3 billion loan agreement for Pakistan, unlocking crucial funding for the ... Economy -
Pakistan gets $1 billion boost from UAE ahead of key IMF decision
Pakistan’s state bank coffers were further boosted Wednesday by a $1 billion deposit from the United Arab Emirates, officials said, ahead of a key ... Economy -
Pakistan optimistic of securing IMF approval for $3 bln bailout
Pakistan’s Prime Minister Shehbaz Sharif said he was optimistic that the International Monetary Fund will approve a $3 billion bailout at its board ... World News -
Pakistan thanks Saudi leadership for $2 bln central bank deposit ahead of IMF meeting
Saudi Arabia has deposited $2 billion into Pakistan’s central bank, the government said Tuesday, a much-needed financial boost ahead of a critical ... Saudi Arabia -
Pakistan foreign workers’ remittances down to $2.2 bln in June: Central bank
Foreign workers’ remittances in Pakistan fell to $2.2 billion during the month of June from $2.8 billion a year earlier, the central bank said on ... Economy -
IMF to talk to Pakistan parties including Imran Khan’s party on bailout deal
The International Monetary Fund will seek the support of Pakistan’s political parties, including former Prime Minister Imran Khan’s party, for a ... World News -
Sri Lanka cuts interest rates after debt restructure
Cash-strapped Sri Lanka cut interest rates on Thursday, a week after announcing a major debt restructuring in line with an IMF bailout following an ... World News -
Pakistan PM hopes for bailout approval from IMF board on July 12
Prime Minister Shehbaz Sharif said on Wednesday that he hoped the $3 billion short-term bailout for Pakistan would be given final approval by the ... World News -
Sri Lanka’s parliament approves domestic debt restructuring plan
Sri Lanka’s parliament approved a domestic debt restructuring plan on Saturday that is crucial to continue a $2.9 billion bailout from the ... World News -
Lebanon’s financial crisis worsened by lack of police action, IMF says
Lebanon’s financial crisis had been compounded by the lack of policy action and vested interests that prompted resistance to reforms, the ... Middle East -
Pakistan, IMF weighing $2.5 bln standby arrangement of six to nine months: Report
Pakistan and the International Monetary Fund are discussing a $2.5 billion “standby arrangement” of six to nine months, the Dawn newspaper reported on ... Economy -
Pakistan’s parliament approves revised annual budget to clinch IMF deal
Pakistan’s parliament on Sunday approved the government’s 2023-24 budget which was revised to meet International Monetary Fund conditions in a last ... Economy -
Pakistan PM meets IMF’s Georgieva, hopes funds to be released ‘as soon as possible’
Pakistan hopes funds allocated under the International Monetary Fund’s bailout program will be released as soon as possible, the country’s prime ... World News -
Pakistan fails in its first attempt in a year to buy gas in hit to economy
Pakistan failed in its first attempt in about a year to buy liquefied natural gas from the spot market, with no suppliers of the power-station fuel ... Economy -
Argentina faces crunch IMF talks to defuse looming debt bomb
Argentina and the International Monetary Fund (IMF) have a $44 billion dilemma, with the two sides set to meet for crunch talks to revamp the ... Economy -
Tunisia central bank extends rate pause as IMF urges reforms
Tunisia’s central bank kept its key interest rate unchanged with inflation in retreat and the government engaged in ongoing negotiations with the ... North Africa