Zambia in talks to restructure $3.3b of commercial debt
Zambia is in talks to restructure $3.3 billion of commercial debt, following a recent agreement with overseas…
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IMF
WB upgrades Sri Lanka’s growth outlook to 2.2% in ’24
The World Bank (WB) upgraded its forecast for Sri Lanka's economy, predicting 2.2 per cent growth in 2024 as the…
IMF to complete 3rd review of Egypt’s recovery programme at June-end
The third review of the reform program in Egypt would be completed by the end of June, followed by the disbursement…
Asia factory activity slumps in March
Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.
URGENT: IMF board approves expanded $8 billion loan deal
The International Monetary Fund’s (IMF) executive board has approved the the augmentation of the current loan…
IMF chief urges c. banks independence amid political pressure
International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned that central banks are under…
IMF, Sri Lanka reach staff-level agreement on second review of funding package
The International Monetary Fund (IMF) announced on Thursday that it had reached a staff-level agreement with the…
Saudi Cabinet approves deal to launch IMF regional office in Riyadh
Saudi Arabia's Cabinet approved on Tuesday an agreement to set up a regional office for the International Monetary…
IMF, Pakistan reach $1.1b staff-level agreement
The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan for a $1.1 billion…
Egypt expects over $20b FX inflows post IMF deal – FinMin
Egypt’s Minister of Finance Mohamed Maait said on Tuesday that the anticipated foreign cash inflows are estimated…
