IMF’s $1.1bn tranche to help Pakistan’s economic stability, says PM Shehbaz Sharif Islamabad is also already looking at securing a 24th bailout from the IMF Updated 30 Apr, 2024 10:39pm
World IMF, World Bank ‘impotent’ on Israel-Gaza war shock as reforms edge forward MARRAKECH: Global finance leaders’ paralysis in addressing the fallout from the Hamas group attack and Israel’s... Published 16 Oct, 2023 11:14am
World IMF flags debt restructuring hurdles for distressed economies Managing Director Kristalina Georgieva's comments come on sidelines of G20 meeting Updated 25 Feb, 2023 05:19pm
Business & Finance Bankrupt Sri Lanka hikes power prices again for IMF deal COLOMBO: Sri Lanka’s electricity board hiked consumer rates by up to 275 percent, officials said Thursday, the... Published 16 Feb, 2023 11:34am
Markets Debt in focus as G20 finance chiefs meet in India NEW DELHI: G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russia’s... Published 16 Feb, 2023 11:06am
World India says debt talks in focus at G20 finance meet NEW DELHI: India wants to see international cooperation on debt relief at the forefront of discussions at a meeting... Published 09 Feb, 2023 01:29pm
Business & Finance IMF chief warns on US-China rivalry, calls Trump-era tariffs counterproductive We may be sleepwalking into a world that is poorer and less secure as a result, says IMF managing director Updated 13 Nov, 2022 05:14pm
World COP27: We’re on a highway to climate hell, UN boss warns SHARM EL-SHEIKH: United Nations Secretary General Antonio Guterres told countries gathered at the start of the COP27... Published 07 Nov, 2022 04:04pm
World COP27: IMF chief says $75/ton carbon price needed by 2030 SHARM EL-SHEIKH: The price of carbon needs to average at least $75 a ton globally by the end of the decade for... Published 07 Nov, 2022 03:51pm
World G20 to meet under Ukraine war, inflation cloud WASHINGTON: A divided G20 holds talks on Thursday under the shadow of multiple crises, from Russia’s war in Ukraine... Published 13 Oct, 2022 11:24am
Print PM apprises IMF, World Bank heads of scale of monsoon mayhem Underlines that Pakistan made little contribution to climate change, yet it faced the impacts disproportionately Updated 22 Sep, 2022 09:52am
Markets World Bank preparing $3bn emergency aid package for Ukraine WASHINGTON: The World Bank announced Tuesday that it is preparing a $3 billion aid package for war-torn Ukraine,... Published 02 Mar, 2022 11:19am
Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs