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Friday, August 19, 2022

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International Monetary Fund

Amid Crisis, Sri Lanka’s Parliament Elects Ranil Wickremesinghe As New President

Members of Sri Lanka’s parliament have elected Ranil Wickremesinghe as the country’s new president after their former leader Gotabaya Rajapaksa fled the country and...

Pak Assures IMF Over Seeking Concessions On CPEC Projects

A Pakistan daily – The Express Tribune has reported that the country has assured the International Monetary Fund (IMF) that it would try to...

Central African Republic Launches ‘Sango Coin’ Cryptocurrency

Amid a rout in industry, Central African Republic (CAR) has said it will soon start selling a new cryptocurrency. This cryptocurrency, according to country...

IMF Wants To Ban Pakistan From Seeking More Chinese Loans

A new report states that the International Monetary Fund (IMF) intends to ban Pakistan from borrowing more money from China. Islamabad's aim to seek $3.7...

Egypt’s Suez Canal Records $7bn Profit In 2021-2022

The Suez Canal Authority (SCA) announced a record profit of $7 billion for the fiscal year 2021-2022. The profit comes after the SCA raised...

Sri Lanka Is ‘Bankrupt’: PM Ranil Wickremesinghe

Prime Minister Ranil Wickremesinghe said on Tuesday that Sri Lanka is ‘bankrupt’. The country is reeling under its worst financial crisis in decades with...

Chinese Banks To Provide USD 2.3 Billion To Pakistan ‘Within Days’ Under Loan Agreement

Pakistan is in a deep financial crisis and this development comes after reports emerged of Pakistan reaching an understanding with the International Monetary Fund...

Finance Ministers Of G20 Nations To Meet Today In Washington

Today meeting will be held as part of the International Monetary Fund (IMF)-World Bank Group (WBG) annual meetings. The finance ministers of G20 (Group...
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