Following a four-year self-imposed Exile Nawaz Sharif's return to Pakistan was expected on October 21st. It is now under question amid the reopening of corruption cases against him.

Corruption cases against Nawaz Sharif reopened

Former Prime Minister of Pakistan, Nawaz Sharif, recently addressed a party meeting in Lahore via video link from London, where he expressed his concerns about Pakistan's economic crisis.

Nawaz Sharif praises Modi, says Pak begging for funds while India has reached the Moon

A report shows that Pakistan sold arms worth $900 million to US for supply to the Ukrainian military. More has been revealed about the secret arms deal. Did Pakistan sell weapons to Ukraine in the past? Molly Gambhir tells you more.

Gravitas: Report: US helped Pakistan secure an IMF bailout package

This year, Sri Lanka is expected to complete its reform, which began in 2022 when the country's greatest economic crisis in decades sparked widespread demonstrations and ultimately led to the removal of the government.

Sri Lanka's $10 BN pension fund boosts IMF bailout prospects

After the country’s biggest economic crisis in decades caused widespread riots and the overthrow of its administration in 2022, Sri Lanka has moved closer to finishing its restructuring this year by exchanging defaulted local debt for fresh bonds.

Sri Lanka’s local bond swap agreement brings it nearer to IMF bailout

The International Monetary Fund (IMF) has turned down a relief plan submitted by Pakistan's caretaker government aimed at assisting power consumers, media reports said citing sources.

IMF rejects Pakistan's relief plan for power consumers

New IMF study highlights climate shocks hitting war-torn countries hardest, leading to a potential increase in conflict-related fatalities.

Climate change may increase conflict deaths, says imf

A new IMF report revealed that Saudi Arabia has been spending a staggering $7,000 per person on fuel subsidies, marking the highest in the G20 group over the last two years.

Saudi Arabia leads G20 in $7,000 per person fuel subsidies

Speaking for the first time at the BRICS Summit in Johannesburg, United Nations Secretary-General Antonio Guterres on Thursday (Aug 24) made a strong case for the reform of the United Nations Security Council (UNSC) and sought revision of the Bretton Woods system—a global financial architecture created by the US-led West after the end of World War II.

At BRICS summit, UN chief calls for reform of UN Security Council, World Bank, IMF

In a major relief for the economically struggling Argentina, the international monetary fund has approved a 7.5 billion dollar package to the South American nation. the package is a part of a re-financed 44 billion dollar program that has endured months of negotiations amid political uncertainty and wrangling over economic policy.

$7.5 billion IMF package for Argentina

At a time when the BRICS group of emerging economies are deliberating ways to counter the dominance of West-led financial framework in global trade at the bloc's annual summit in Johannesburg, the White House said that US President Joe Biden will discuss reforms in the World Bank and International Monetary Fund (IMF) during G20 summit in New Delhi next month.

BRICS effect? Biden to push for IMF and World Bank reforms at G20 summit in Delhi

White House is busy preparing for the upcoming G20 summit which is scheduled for next month in New Delhi. Washington says US President Joe Biden is discussing a wide range of global issues ranging from Putin's invasion of Ukraine to reforms in the IMF and World Bank.

US President Joe Biden to push for reforms in World Bank, IMF; says 'Not against China' | WION

US President Joe Biden plans to advocate for reforms to the IMF and World Bank during the G20 summit in New Delhi next month. The aim is to provide better support and financing options for developing countries, as an alternative to China's "coercive and unsustainable lending" through the Belt and Road Initiative.

US: Joe Biden to push IMF and World Bank reforms at G20 summit

On Monday, Argentina's economic minister and presidential contender Sergio Massa will meet with the IMF in the US To discuss refinancing disbursements amid the peso's collapse.

Argentina's Sergio Massa visits US for IMF loan talks

In the latest development, the government has claimed that the international monetary fund wanted a '100% devaluation' of the Peso. But the number came down to 18% after some discussions, it added. The statement however underscores rising pressure on the embattled peso, which was devalued and pegged at 350 per dollar on Monday.

Argentina claims IMF wanted 100% devaluation of Peso

Pakistan has decided to appoint Shamshad Akhtar as the finance minister for the present government, ensuring the country’s commitments to the International Monetary Fund (IMF) for its key bailout program, Bloomberg reported citing two sources familiar with the matter.

Pakistan to choose ex-central banker as finance minister 

China's household debt has surged to 63.5% and is now approaching the IMF's warning line of 65%. What explains the surging debt? What is china doing to bring it down? Molly Gambhir reports

Gravitas: China's household debt approaches IMF red line

Pakistan Prime Minister Shehbaz Sharif confirmed the National Assembly is said to dissolve on the 9th of August three days ahead of its set date.

Pakistan: In absence of consensus, Pakistan poll panel will step in

China's household debt levels have reached record levels, a South China Morning Post report has said. According to a report released by the National Institution for Finance and Development (NIFD), the country’s household debt increased from 61.

More economic trouble for China?: Household debt rate inches closer to the IMF warning line

Argentina would not use “a single dollar” of its own reserves to repay the International Monetary Fund (IMF), a Reuters report quoted economy minister Sergio Massa as saying on Monday.

Argentina won't use 'one dollar' of reserves to repay IMF, says economy minister 

The International Monetary Fund has raised its 2023 global growth estimates slightly. This is after the world recorded resilient economic activity in the first quarter. However, it warned that persistent challenges were dampening the medium-term outlook. The world economy is now projected to grow at 3.0% in 2023. That's up 0.2 percentage point from its April forecast. Its outlook for 2024 remained unchanged, which was also at 3.0%.

IMF provides a glimmer of hope | World DNA

The International Monetary Fund (IMF) has encouraged India to remove restrictions on export of non-basmati rice, saying that the country’s decision would put additional pressure global inflation.

IMF urges India to remove restrictions on rice exports over global inflation concerns

The International Monetary Fund (IMF), on Tuesday (July 25) slightly raised the outlook for global growth this year given the resilient economy, particularly, service sector activity in the first quarter of 2023.

IMF raises 2023 global economic growth forecast to 3 per cent; India remains bright spot

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