The 3rd G20 FMCBG meeting saw the participation of Finance Ministers and Central Bank Governors of the G20 members, guest countries, and heads of International Organisations…reports Asian Lite News Stating…
During the board meeting, the IMF directors raised serious concerns regarding Pakistan’s poor track record in implementing reforms…reports Asian Lite News After announcing the bailout package for Pakistan, the International…
Sharif said it was not a “moment of pride but a moment of contemplation”, questioning whether nations developed on the back of loans….reports Asian Lite News Pakistan Prime Minister Shehbaz…
State Minister for Finance Ranjith Siyambalapitiya said that $120 million was used to settle the loan taken from India, reports Susitha Fernando Sri Lanka has used the very first tranche…
On Monday night, the IMF approved the 48-month extended arrangement under the Extended Fund Facility (EFF) of $2.9 billion….reports Asian Lite News After Sri Lanka secured the $2.9 billion International…
Sri Lanka started the related negotiations with the international lender in 2022 after the South Asian country was hit by a severe economic crisis….reports Asian Lite News Sri Lankan central…
Sri Lanka is likely to get that elusive $2.9 billion from the IMF in the first quarter this year provided China decides to play ball and dump its notorious debt…
Wickremesinghe added that the country needs to have political stability to carry out the debt restructuring process…reports Asian Lite News Sri Lankan President Ranil Wickremesinghe on Wednesday said he is…