The South Asia's debt-ridden nation of Sri Lanka has turned to the International Monetary Fund for a bailout package. Finance Minister Ali Sabry will be heading to Washington later today to hold talks with the global monetary body.

Sri Lanka seeks $4 billion bailout from IMF amid economic crunch

In a bid to resolve the crisis, Sri Lanka's central bank is expediting the debt restructuring process the organization will also seek financial assistance from the International Monetary Fund, the country is nearly seven billion dollars in foreign debt obligations for this year alone.

Sri Lanka to seek US$ 3 billion to stave off economic crisis, readies for negotiations with IMF

The Rajapaksa Government faces biggest street protest in Colombo against the economic and political crisis in Sri Lanka. In a bid to resolve the crisis, country's central bank is expediting the debt restructuring process, the organization will also seek financial assistance from the IMF

Dire economic and political crisis grip Sri Lanka, country readies to negotiate with IMF

Pradhan Mantri Garib Kalyan Yojana (PMGKAY), which provides free foodgrains to poor people, played a key role in keeping extreme poverty in India at the lowest level of 0.

India's food subsidy programme kept extreme poverty low in pandemic-hit 2020: IMF working paper

Pakistan's economic challenges have multiplied after IMF's $6 Billion bailout to Pakistan were put on hold. IMF now says that it will engage with the new government.

Pakistan's economic challenges multiply: IMF's $6 Billion bailout to Pakistan on hold

According to an IMF report, climate-related disasters are on the rise in West Asia posing a major threat to growth and prosperity. West Asian Countries wake up to reality of climate change, hold Climate Summits

West Asia's upcoming Climate Crisis: Countries wake up to reality of climate change

According to an IMF report, climate-related disasters are on the rise in West Asia posing a major threat to growth and prosperity in the region.

Climate-related disasters on the rise in West Asia

Argentina's Senate on Thursday gave final approval to an agreement with the International Monetary Fund that restructures a $45 billion debt, clearing the country's short-term financial horizon but leaving a serious inflationary challenge.

Argentina parliament approves IMF deal to restructure $45 billion debt

Sri Lanka will seek International Monetary Fund (IMF) bailout, said President Gotabaya Rajapaksa. The country is facing forex shortages for basic imports as printed money has pushed up domestic demand and made it difficult to repay debt.

Sri Lanka seeks IMF bailout amid rising fuel shortages, public anger

Cash-strapped Sri Lanka seeks IMF bailout

Amid the ongoing Russian invasion of Ukraine, the International Monetary Fund said that the Russian default is no longer 'improbable'.

IMF: Russian default no longer 'improbable', sanctions would also have spillover effects

An IMF delegation was in Sri Lanka Monday for talks on the island's worsening economic crisis, with the public suffering through months of food, fuel and medicine shortages.

IMF in Sri Lanka to discuss worsening economic crisis

Ongoing talks between Pakistan and the International Monitory Fund (IMF) have so far remained inconclusive due to "deviations" from agreed terms, media reports said on Saturday.

IMF objects to Imran Khan's relief package, stalls talks with Pakistan

IMF managing director Kristalina Georgieva on Friday said that the sanctions Western countries have imposed on Moscow will lead to a "sharp contraction" of the Russian economy.

Sanctions will lead to a 'sharp contraction' of the Russian economy: IMF

The International Monetary Fund on Saturday said it expected to bring Ukraine's request for $1.4 billion in emergency financing to its board for approval as early as next week and was in talks about funding options with authorities in neighboring Moldova.

War in Ukraine will have 'severe impact' on global economy: IMF

Thousands took to the streets of Argentina's capital Buenos Aires against the government's debt deal with the International Monetary Fund. Demonstrators denounced the agreement reached between president Alberto Fernandez and the IMF on the repayment of a 44.5 billion dollar loan.

Argentina: Massive protests in Buenos Aires against govt deal with IMF to repay a loan taken in 2018

Uncertainty over whether south American country Argentina will pay back debt is looming as the country is facing deadline for nearly 1.1 billion dollar intent repayment to IMF.

Argentina faces $1.1 billion debt deadline

The omicron variant of covid-19 is slowing down the global economy. Now, the International Monetary Fund has cut its world GDP forecast for the year 2022 to 4.4 percent. The Washington based crisis lender says that the variant will slow growth this year notably in the world's two largest economies.

IMF slashes global growth estimate, high inflation due to Russia-Ukraine conflict, Omicron and more

The International Monetary Fund (IMF) has slashed its growth prediction for 2022, citing higher-than-expected inflation and the Omicron variant as reasons for the downgrade.

IMF cuts 2022 economic growth outlook amid inflation

The Imran Khan government has finalized the preparations to pass a new budget amid massive criticism from the opposition in the country. Islamabad is now seeking to hike widespread taxes in various sectors, this is to fulfill the demands of the IMF.

Imran Khan govt to pass a new mini budget, opposition lashes says it isn't people-friendly

Lockdown imposed in parts of Karachi as 1,085 new COVID-19 cases in last 24 hours amid Omicron spread.

Pakistan: 1,085 new COVID-19 cases in last 24 hours amid Omicron spread

In response to the COVID-19 pandemic, the International Monetary Fund on Thursday said it would extend its flexible access to emergency funding for an additional 18 months.

IMF extends emergency funding by 18 months to help nations struggling due to coronavirus

After harsh criticism from Brazil's economy Minister, IMF pulls out of the country altogether. IMF had earlier predicted contraction in the economy.

‘They can go take a walk’: IMF closes its Brazil office after criticism

IMF pulls out of Brazil after harsh criticism from Minister over economy contraction predictions

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