Page 14 - Imf

Biggest market jump in a month adds Rs 3.4 trillion to investor wealth

1.4% jump comes on the back of easing recession fears, China policy support

Wickremesinghe suggests 'all-party govt' to recover from economic crisis

Acting President Ranil Wickremesinghe urged the political parties to put aside their differences and form an all-party government which would allow Sri Lanka to recover from the economic crisis

IMF chief describes Sri Lanka as warning sign for nations with high debt

The IMF Chief made these straightforward remarks at the hybrid meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG) held in Indonesia which kicked off on July 15

IMF to slash global economic growth outlook 'substantially' at next review

The IMF already downgraded its outlook for the global expansion this year to 3.6 per cent, from 4.4 per cent before the war in Ukraine, in its April report

Pakistan, IMF reach agreement on $6 billion extended fund facility loan

The discussion was finalized by an IMF team led by Nathan Porter and the agreement is subject to approval by the IMF's Executive Board

IMF has warned that a long downturn is happening. But is anyone listening?

The IMF has not minced any words when it comes to fiscal policy. It has always advocated tight control over the political inclination to spend now and let someone else worry about the future

Sri Lankan Central bank governor warns turmoil impedes talks with IMF

'I would like to have a stable political administration, the sooner the better, for us to make progress, mainly on the programmes we are negotiating with the IMF'

People power brought down the Rajapaksas in Sri Lanka. But what's next?

If there's one thing these protesters have shown, it is that the Rajapaksas can be defeated

IMF Chief Kristalina says cannot rule out possible global recession

The IMF is expected to release its updated forecast for 2022 and 2023 in late July, after slashing its forecast by nearly a full percentage point in April

SL to present debt restructuring plan to IMF by August: PM Wickremesinghe

Sri Lanka will present a debt restructuring programme to the IMF by August to secure a bailout package, Prime Minister Ranil Wickremesinghe told Parliament on Tuesday

Pak hikes petroleum prices under deal with IMF to revive bailout programme

Prices of all petroleum products went up by about Rs14-19 per litre after the decision came into effect from midnight on Thursday

Sri Lanka govt needs to do more before a bailout package is finalised: IMF

The IMF on Thursday said it has concluded constructive and productive discussions with Sri Lankan authorities, but warned that the crisis-ridden island nation needs to do more on debt restructuring

Pak needs to pass budget agreed with IMF to get loan assistance: Report

Pakistan will have to take two more "prior actions" to secure economic relief package from International Monetary Fund (IMF) - Passing the federal budget as agreed with the monetary organization

PM Shehbaz Sharif says Pakistan could receive $2-bn bailout from IMF

Quoting the finance minister, Sharif confirmed that Pakistan had also received the Memorandum of Economic and Financial Policies (MEFP) from the IMF for the seventh and eighth reviews.

World shares at higher trend as IMF foresees US dodging recession

European shares were trading higher Monday after a day of gains in Asia. US futures and oil prices also advanced. Leaders of the Group of Seven leading economic powers pledged financial, humanitarian and other support for Ukraine. Conferring by video link with Ukrainian President Volodymyr Zelenskyy, they were finalising a deal to seek a price cap on Russian oil, raise tariffs on Russian goods and impose other new sanctions. Details were to be sorted by finance ministers, according to a senior US official who spoke on the condition of anonymity to preview announcements from the summit. Markets seemed unfazed by the possibility that Russia may have defaulted on its foreign debt for the first time since the 1917 Bolshevik Revolution, further alienating the country from the global financial system amid its war in Ukraine. Russia faced a Sunday night deadline to meet a 30-day grace period on interest payments originally due May 27. But it could take time to confirm a default. Germany'

IMF warns of risks from China's slowing Covid-19 vaccination rates

About 375 million people over the age of 15 in China have yet to receive three doses of a vaccine, while the daily vaccination rate has fallen below 800,000 per day

Cash-strapped Pak secures deal with IMF to restore stalled $6 bn aid

Cash-strapped Pakistan has secured a deal with the International Monetary Fund to restore the stalled $6 billion assistance package and unlock doors for financing from other international sources

Pakistan finance minister hopeful of IMF deal within a day or two

Cash-strapped Pakistan has faced growing economic challenges, with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency

Crisis-hit Sri Lanka opens IMF talks, begins a two-week shutdown

Many protesters accuse President Gotabaya Rajapaksa and his influential family of mishandling the economy

IMF holds talks in Sri Lanka as cabinet moves to cut president's powers

Sri Lanka's cabinet on Monday approved an amendment to the constitution that could reduce presidential powers, in a move to appease protesters calling for President Gotabaya Rajapaksa to quit