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IMF approves $7 billion bailout for Pakistan

Reuters on MSN · 16h

Pakistan wins more financing assurances from China, UAE, Saudi IMF official says

Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a new International Monetary Fund program that go beyond a deal to roll over $12 billion in bilateral loans owed to them by Islamabad,

Bloomberg L.P. · 1d

Pakistan Wins Approval From IMF Board for $7 Billion Bailout

Pakistan secured final approval to start a $7 billion loan program from the International Monetary Fund, unlocking crucial financing to sustain the nation’s recovery from a crisis.

Daily Journal · 19h

Pakistan braces for 'transitional pain' as IMF approves $7 bn loan

Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its faltering economy.

Sri Lanka, IMF

The Associated Press on MSN · 1d

Sri Lanka’s new president says he’ll restart talks with the IMF to find a way out of economic crisis

Sri Lanka’s new President Anura Kumara Dissanayake says that he will soon resume discussions with the International Monetary Fund and foreign creditors to plot a way out of the worst economic crisis in the country’s history.

Bloomberg L.P. · 1d

Sri Lanka’s Leftist Leader Faces Tough Test to Alter IMF Deal

Sri Lanka’s new president took office with a mandate to bring relief to citizens still burdened by the remnants of the country’s worst-ever economic crisis. Now comes the hard part: Getting the lenders to play along.

Leftist Sri Lanka Leader Stuck With Painful IMF Deal: Analysts

Sri Lanka's new leftist leader has little room to renegotiate an IMF bailout that threw a lifeline to his bankrupt country but imposed punishing and unpopular austerity measures, analysts say.

22hon MSN

IMF's $7 billion bailout sends Pakistan stocks to new peak

Pakistan's benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary ...

1don MSN

The IMF approves a $7 billion loan for Pakistan, which will get $1 billion immediately

Pakistani officials say the executive board of the International Fund has approved a new $7 billion loan for the country.

2d

Bangladesh Says IMF Will Fast-Track Loans to Support Reforms

The International Monetary Fund has agreed to fast-track financial assistance to Bangladesh for supporting the new government ...

1d

IMF Says Its Board Approved $210 Million Arrangement for Liberia

WASHINGTON (Reuters) - The International Monetary Fund said on Wednesday its executive board approved an arrangement of about ...

24m

Kenya to Decide Type of Fresh IMF Deal Upon Expiry of Program

Kenya will decide on the type of its next International Monetary Fund program upon the expiry of the current arrangement, ...

PM Shehbaz meets IMF chief, discusses strengthening economic cooperation

Prime Minister Shehbaz Sharif met with IMF MD Kristalina Georgieva at UNGA 2024 to discuss Pakistan's economic recovery. Key ...

1d

Pakistan PM Sharif Welcomes IMF's $7 Billion Funding Agreement

Pakistan has been struggling with boom-and-bust economic cycles for decades, leading to 22 IMF bailouts since 1958. Currently ...

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