IMF

The World Bank has approved financing of US$1.69 billion for flood relief projects in Pakistan, it said in a statement on Monday. The World Bank financing is aimed at relief projects in the south-eastern Sindh province, which it said was…
Read More...

The executive board of the International Monetary Fund is not expected to formally approve Sri Lanka’s US$2.9 billion bailout before year-end, a key step required for the embattled country to receive funding, two sources familiar with the…
Read More...

The head of the International Monetary Fund warned of risks to the global economy from the rivalry between China and the United States, while describing tariffs put on Chinese imports under then-President Donald Trump as counterproductive.…
Read More...

Dozens of protesters demonstrated outside the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington DC on Thursday, expressing opposition to funding of fossil fuels and demanding urgent action to tackle…
Read More...

The International Monetary Fund (IMF) is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at an executive board meeting on Monday, sources familiar with the matter…
Read More...

Lebanese parliament speaker Nabih Berri said on Saturday he would not call for a session to elect a new president until the legislature passes reforms that are preconditions for an International Monetary Fund (IMF) bailout. An IMF deal…
Read More...

Arab foreign ministers on Saturday pledged their support for Lebanon’s IMF negotiations and reform process, following an Arab League meeting held in Beirut. They said their presence in Lebanon amid its “significantly difficult” economic…
Read More...

Amid arduous negotiations during which Lebanon seeks to obtain a loan from the International Monetary Fund to overcome its financial crisis, the Lebanese government has reached a preliminary agreement with the Fund regarding a $3 billion…
Read More...

After two weeks of talks, the IMF said Friday it has advanced efforts to secure an aid program to help Lebanon overcome its “unprecedented and complex” economic crisis, but more work is needed. The country will need fiscal reforms that…
Read More...

Amid ongoing talks on a new aid program, the IMF is examining data from Lebanon’s government on the scope of financial sector losses, estimated at about $69 billion, a fund spokesman said Thursday. “I’d say there’s been considerable…
Read More...