IMF deploys remaining $1.1B in Pakistan bailout funds

IMF deploys remaining $1.1B in Pakistan bailout funds

[ad_1] The International Monetary Fund on Monday approved the immediate release of the final $1.1 billion tranche of a $3 billion bailout to Pakistan, the global lender said in a statement.Pakistan needs the money to overcome one of the worst economic crises in its...
Sri Lanka’s debt-ridden economy gradually improving, IMF says

Sri Lanka’s debt-ridden economy gradually improving, IMF says

[ad_1] The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund said Thursday.The country’s inflation has come down from a peak of 70% in 2022 to 5.9%...