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

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 short-term commercial loans are on offer at steep discounts, four finance industry sources told Reuters, ...

Greek Finance Minister Kyriakos Pierrakakis was elected Thursday as president of the Eurogroup — a move that would have been ...

Ethiopia expects $261 million in new IMF disbursements under its Extended Credit Facility (ECF). The IMF says the reform program delivers favourable macroeconomic results, including faster growth and ...

For investors looking for the hottest S&P 500 stocks going into the new year -- with upside potential over the next 12 months ...