India’s foreign exchange reserves have experienced a notable rise. on November 09, the reserves reached 658.09 billion dollars, an increase of 1.51 billion dollars. This marks the first...
In 2023, low- and middle-income countries (LMICs) faced unprecedented external debt levels, total reaching US$8.8 trillion. Servicing this debt became more expensive than ever. The 2024 International Debt...
The International Monetary Fund (IMF) has recently approved the third review of Sri Lanka’s $2.9 billion bailout on November 23, 2024. The country’s economy remains fragile despite the...
In September 2024, the International Monetary Fund (IMF) approved an important loan for Pakistan. The loan, valued at US$7 billion, marks Pakistan’s second-largest borrowing from the IMF. This...
According to the International Monetary Fund’s (IMF) Regional Economic Outlook, economies across the Middle East and Central Asia are likely to slow down this year due to persistently...
The International Monetary Fund recently said that India and China will contribute more than 50% of the global growth in 2023. Another 25% will be contributed by other...
On the sidelines of the G20 meeting, Global Sovereign Debt Roundtable is to be held in Bengaluru. The event will discuss issues that are obstructing the debt restructuring...
The International Monetary Fund says that the potential growth of China is falling. The country is in need of comprehensive economic reforms. The international organization has made this...
Uganda has one of the largest oil reserves in the Saharan desert according to the International Monetary Fund. Oil was discovered in Uganda twenty years back. But the...
India sends financing assurances to IMF to back Sri Lanka’s debt restructuring program. Sri Lanka’s three largest bilateral lenders are China, Japan, and India. India’s backing is a...
