Egypt is running out of dollars and is attempting to bolster its finances by selling state assets to rich Gulf countries, showed a media report. That despite a $3 billion rescue loan from the International Monetary Fund (IMF).

Dollar-strapped Egypt resorts to selling state assets to Gulf nations

IMF and Pakistan resumed talks on Monday with Islamabad hoping that the latest round of virtual talks will bring in much needed easing to the country's stretched economy.

Pakistan: Islamabad hopes to reach deal with the IMF

Pakistan and the International Monetary Fund (IMF) on Monday resumed their talks virtually, with Islamabad hoping that the discussion will help it ease pressure on the country's ailing economy.

IMF and Pakistan resume talks virtually for bailout funds

Pakistan desperate for IMF bailout

Facing an economic crisis, Pakistan has agreed to hike tariffs on electricity to meet conditions set out by the IMF. The Pakistan government plans to raise more than 631 billion dollars in revenue to meet conditions for the global lender.

Pakistan to raise $631 MN in revenue, Finance Minister chairs meeting

Pakistan grapples with economic instability and the government is not able to secure the latest tranche of the bailout package of IMF, the steel manufacturing industry in Pakistan has now said that the industry is virtually on the brink of collapse.

Pakistan's steel industry warns of collapse, imports stuck at ports due to Forex crisis

A breather for cash-strapped Pakistan as the country's economy is in doldrums, the people are suffering with no quick fix in sight. Meanwhile, Pakistani broadcaster Geo News said that Shehbaz Sharif has approved the deal with the International Monetary Fund (IMF).

A breather for cash-strapped Pakistan as PM Shehbaz Sharif approves deal with IMF

Pakistan and the International Monetary Fund (IMF) is said to have reached an "agreement" unlocking over a $1 billion loan tranche under Extended Fund Facility (EFF) that had been stalled for the last five months, the country's local media outlet Geo News reported.

Pakistan, IMF strike agreement on stalled bailout package, official announcement expected soon

The International Monetary Fund (IMF) and Pakistan have failed to reach a clear agreement to unlock the crucial $1.1 billon in terms of bailout funds and this comes just hours after local media had reported that all matters had been settled and the Prime Minister Shehbaz Sharif has also approved the deal.

IMF delegation in Pakistan to discuss bailout fund, seeks more time to conclude deal

The International Monetary Fund has asked for more time for negotiations with Pakistan over a deal that would unlock $1.1 billion in much-needed funds for the country, Secretary of Finance Hamed Sheikh said.

IMF seeks more time to conclude Pakistan deal worth $1.1 billion

Sri Lanka's former president Gotabaya Rajapaksa has been questioned by police over the discovery of a large amount of cash in his office-cum-residence when he fled the country for safety as thousands of protesters stormed the place in July last year.

Ex- Sri Lanka President Rajapaksa quizzed over cash stash

Pakistan is struggling to deal with the aftermath of last year's devastating floods and the skyrocketing inflation the country is witnessing amidst rising terror threat and now adding to its rules is the international monetary funds tightening scrutiny.

IMF seeks flood rehabilitation expenditure details from Pakistan

Sri Lanka's High Commissioner to India Milinda Moragoda has lauded New Delhi's support to his country which came without "condition" and the package was "extremely flexible". Remember, India last year gave financial support of USD 4 billion as the country underwent through a major economic crisis. Speaking to our diplomatic correspondent Sidhant Sibal, High Commissioner Moragoda said, "India helped us to stabilise the economy, India reached out to the IMF and some of the bilateral partners like Japan."

Sri Lankan High Commissioner Milinda Moragoda says 'India, Japan working together in Lanka'

Pakistan's Prime Minister Shehbaz Sharif on Friday said that the government has no choice but to agree to bailout conditions of IMF that are "beyond imagination". Watch further to know more.

WION Dispatch: No choice but to give in to IMF demands, says Pak PM Shehbaz Sharif

A free-falling Pakistani Rupee Fast-depleting foreign reserves Billions of dollars worth of flood damage Is Pakistan staring at bankruptcy? Will Pakistan get a relief package from the IMF? Watch WION Wideangle

WION Wideangle | Staring at Bankruptcy: The Pakistan story

Pakistan Prime Minister Shehbaz Sharif said that the government would have to agree to IMF bailout condition which he said are 'beyond imagination'. Without going into the details, he said that Pakistan's economic conditions are 'unimaginable' and that 'IMF is giving the government a tough time'.

Pakistan PM Shehbaz Sharif says 'IMF conditions unimaginable' over $6.5 bn bailout

IMF's economic forecast for 2023 shows that India is set to remain the world's fastest growing economy. The survey shows India has outpaced China in economic growth. Molly Gambhir reports.

Gravitas: India remains World's fastest growing economy, says IMF survey

The IMF has downgraded its UK growth forecast. It predicts the UK economy will perform worse than sanctions-hit Russia. Molly Gambhir tells you more.

Gravitas: IMF downgrades UK growth forecast

The International Monetary Fund says India is a bright spot in an otherwise gloomy global backdrop. The January update to the IMF's World Economic Outlook shows India's economic growth.

IMF lifts Global Growth Projections

The IMF said the UK economy will contract by 0.6% in 2023, rather than grow slightly as previously predicted. However, the IMF also said that it thinks the UK is now on the right track.

WION Dispatch: IMF forecast UK economy to shrink by 0.6% in 2023

IMF has predicted that the UK economy will contract by 0.6% in 2023, rather than grow slightly. It will perform worse than other advanced economies. Watch further to know more.

IMF: UK Economy to shrink by 0.6% in 2023

The International Monetary Fund (IMF) released its World Economic Outlook update on Monday (January 30), in which they said global growth is set to be higher than expected this year.

Explained: IMF lifts 2023 global growth forecast in World Economic Outlook updated report

The International Monetary Fund once again says that India is a bright spot in an otherwise gloomy global backdrop. The January update to the IMF's World Economic Outlook shows that India's economic growth is projected to slow next year to 6.1 percent from 6.8 percent in the current scenario.

IMF Bullish on India: India and China's recovery to help global economy

The International Monetary Fund's executive board has approved a 4.7 billion dollar support programme for Bangladesh. The country will be the first South Asian country to access IMF's new resilience and sustainability facility. The funding includes $3.3 billion under the IMF's extended credit facility and extended fund facility programs and $1.4 billion of the funding has been granted under the new resilience and sustainability facility. IMF says the 43-month borrowing package will enable greater social and developmental spending. It will boost fiscal and governance reforms and help preserve macroeconomic stability. The funding will help Bangladesh build economic resilience and protect vulnerable and foster clean and green growth. The funding from resilience and sustainability facility will also help support the country's climate adaptation and mitigation efforts.

IMF approves support package for Bangladesh

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