Tag: International Monetary Fund
The poor of the International South shouldn’t subsidize the IMF
Immediately, the world faces a “polycrisis”: many severe crises that happen concurrently, reinforce and feed off one another…
Money-strapped Pakistan cuts 1.5 lakh jobs, dissolves six ministries as a part of IMF deal
In an effort to attenuate administrative prices, cash-strapped Pakistan introduced on Sunday it is going to abolish some…
IMF approves $7 billion financing deal for Pakistan
The approval comes greater than two months after the worldwide lender and Islamabad mentioned they'd reached an settlement…
Marxist Dissanayake wins Sri Lankan election: What’s subsequent?
Anura Kumara Dissanayake, a Marxist, assumed workplace as Sri Lanka's president shortly after successful the nation's elections. Dissanayake,…
Voting begins in Sri Lanka’s first election since financial collapse
Though the economic system has stabilised, many individuals are struggling on account of IMF-backed austerity measures.Sri Lankans have…
Is the IMF’s $7 billion bailout package deal for Pakistan in hassle?
Islamabad, Pakistan – When Pakistan reached one other staff-level settlement with the Worldwide Financial Fund (IMF) in July…
Pakistan reaches new $7 billion mortgage take care of IMF
Beneath the settlement with the IMF, Pakistan agreed to extend tax revenues by 1.5 p.c of GDP in…
Kenya’s president warns of big penalties after effort to deal with $80 billion debt fails
Kenyan President William Ruto. Debt in Kenya, East Africa's financial hub, is predicted to rise additional after lethal…
What do the IMF and overseas debt should do with Kenya’s present disaster?
Weeks after the protests started, decided Kenyans are nonetheless popping out to precise their frustrations with the federal…
Sri Lanka reaches non-public debt restructuring take care of bondholders
Sri Lankan Finance Minister Asanka Shehan Semasinghe | Picture credit score: EMMANUAL YOGINI Sri Lanka has reached a…
Pakistan President Zardari provides approval to tax-laden finance invoice criticized by opposition
Pakistan President Asif Ali Zardari | Photograph Credit score: PTI Pakistani President Asif Ali Zardari on June 30…
Elections essential for Sri Lanka’s future: President Ranil Wickremesinghe
Sri Lankan President Ranil Wickremesinghe. Archive | Picture credit score: AP Sri Lankan President Ranil Wickremesinghe has mentioned…