The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned ...

Sri Lanka is just emerging from a default after large volumes of money was printed to target a narrow policy rate, in the ...

COLOMBO (Reuters) -The International Monetary Fund (IMF ... During Sri Lanka's crisis, a severe dollar shortage sent inflation soaring to 70%, its currency to record lows and its economy ...

In a statement, the IMF said it would release about $333m ... During Sri Lanka’s crisis, a severe dollar shortage sent ...

Sri Lanka's central bank is expected to renew easing of interest rates on Wednesday, with a reduction of a quarter percentage ...

From the global financial crisis to the COVID pandemic ... The world is a better place when countries cooperate. The IMF and World Bank are based on the belief that cooperation provides better results ...

In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The ...

The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...

Four out of ten people in the world live in a country that spends more money servicing the interest on its sovereign debts ...

Gradual Easing of Import Restrictions - Phased Lifting of Import Restrictions in Line with IMF Agreement This move coincides ...

Rechannelling SDRs involves redistributing them to address disparities in global financial support. The idea arose from the ...