Cyclone Ditwah has devastated critical infrastructure and disrupted key sectors, threatening Sri Lanka's already fragile economic recovery program.

The fresh directives came a day after the IMF released USD 1.2 billion tranche on Thursday under its ongoing loan programme aimed at building climate resilience and macroeconomic stability in Pakistan ...

The developments signal the IMF’s determination to enforce deep, systemic changes before further tranches of the loan are ...

The conditions came just a day after the IMF on Thursday (Dec 11) released the $1.2 billion as part of its ongoing loan ...

Value of the gold reserves increased by $1.188 billion to $106.984 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by $93 million to $18.721 billion, the apex bank ...

Buying momentum was observed throughout the trading session, pushing the KSE-100 to an intra-day high of 170,052.87. At close ...

For the week ended December 5, foreign currency assets, a major component of the reserves, decreased by $151 million to ...

The Diamond Trust Bank (DTB) has lowered its lending rates following the Central Bank of Kenya’s move to cut the Central Bank ...

Ethiopia may receive about US$261 million once the review is approved. The ECF programme supports the country’s Homegrown Economic Reform (HGER) agenda launched in July 2024. Recent reviews show ...

Senegal's euro-denominated loans ​maturing as early as February are being discussed in the market currently at or below 80 ...

Kristalina Georgieva, managing director of the International Monetary Fund, told China Daily reporter that China's 14th Five-Year Plan has met its growth objectives, demonstrating the country's ...

The IMF has set 11 new conditions on Pakistan’s $7 billion bailout, focusing on governance, anti-corruption, and economic ...