Zambia is in talks to restructure $3.3 billion of commercial debt, following a recent agreement with overseas …
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IMF
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BanksFeatureFinancial InstitutionsInternational NewsMoneyNews
WB upgrades Sri Lanka’s growth outlook to 2.2% in ’24
by Nada Aliby Nada AliThe World Bank (WB) upgraded its forecast for Sri Lanka’s economy, predicting 2.2 per cent growth in …
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Egypt NewsFeatureNews
IMF to complete 3rd review of Egypt’s recovery programme at June-end
by Aya Anwarby Aya AnwarThe third review of the reform program in Egypt would be completed by the end of June, …
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Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
URGENT: IMF board approves expanded $8 billion loan deal
by Yomna Yasserby Yomna YasserThe International Monetary Fund’s (IMF) executive board has approved the the augmentation of the current loan programme …
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BanksFeatureFinancial InstitutionsMoney
IMF chief urges c. banks independence amid political pressure
by Nada Aliby Nada AliInternational Monetary Fund (IMF) Managing Director Kristalina Georgieva warned that central banks are under growing political pressure …
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FeatureFinancial InstitutionsIndustry & TradeInternational NewsMoneyNewsTech/AI
IMF, Sri Lanka reach staff-level agreement on second review of funding package
by Aya Anwarby Aya AnwarThe International Monetary Fund (IMF) announced on Thursday that it had reached a staff-level agreement with the …
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FeatureFinancial InstitutionsMENA NewsMoneyNews
Saudi Cabinet approves deal to launch IMF regional office in Riyadh
by Yomna Yasserby Yomna YasserSaudi Arabia’s Cabinet approved on Tuesday an agreement to set up a regional office for the International …
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FeatureFinancial InstitutionsInternational NewsMoneyNews
IMF, Pakistan reach $1.1b staff-level agreement
by Nada Aliby Nada AliThe International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan for a $1.1 billion disbursement …
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BanksEgypt NewsFeatureFinancial InstitutionsIndustry & TradeMoneyNewsTech/AI
Egypt expects over $20b FX inflows post IMF deal – FinMin
by Aya El Sayedby Aya El SayedEgypt’s Minister of Finance Mohamed Maait said on Tuesday that the anticipated foreign cash inflows are estimated …