Three influential US lawmakers have urged the Trump administration to oppose the proposed multi-billion bailout package being sought by Pakistan from International Monetary Fund (IMF) arguing it could be used to repay the Chinese debt.

Prevent IMF bailout to Pakistan to repay 'Chinese debt'

Pakistan’s finance minister on Friday ruled out a further devaluation of the rupee, which has lost about 25 per cent of its value over the past year, urging people to invest in the stock market and not waste money buying dollars.

Pakistan finance minister Asad Umar rules out further devaluation

Pakistan Finance Minister Asad Umar said negotiations with International Monetary Fund (IMF) has reached its final stage with settlement of almost all issues related to a bailout package.

Pakistan, IMF close to reaching deal on bailout

Pakistan, facing acute financial woes, will soon reach an agreement with the IMF on a bailout plan after the global lender revised its stand, Finance Minister Asad Umar on Monday.

Pakistan, IMF to reach agreement soon on bailout package: Finance Minister

The International Monetary Fund (IMF) on Friday said it has reached an agreement with Sri Lanka to extend a $1.5 billion loan facility for an extra year, a move some analysts say could allow the government to boost spending ahead of key elections.

IMF agrees to extend Sri Lanka's $1.5 billion loan facility by one year

Sri Lanka's central bank unexpectedly slashed banks' statutory reserve ratio on Friday to spur credit growth as policymakers struggle to boost the island's faltering economy after a political crisis.

Sri Lanka central bank cuts banks' liquidity ratio to spur loan growth

The World Government Summit in Dubai, attended by more than 4,000 delegates from 140 countries representing the business, cultural and political sectors, on Sunday featured speeches and discussions of peace, development and the present and future world economy.

Over 4,000 delegates from 140 countries attends World Government Summit in Dubai

Pakistan is likely to secure an International Monetary Fund (IMF) bailout soon to stave off a balance of payment crisis and help shore up its economy, Finance Minister Asad Umar said on Monday, as talks between Islamabad and the fund continue.

Pakistan 'very close' to securing IMF bailout: Finance Minister

Ahead of the Budget the International Monetary Fund's(IMF) top representative Andreas Bauer in India spoke exclusively to our correspondent Siddhant Sibal. Bauer lauded the various reforms in India especially the GST and said that the country has done well and the world needs it to grow.

Ahead of Budget, IMF calls for more reforms

WION Exclusive: In conversation with Gita Gopinath, IMF Chief Economist

The International Monetary Fund trimmed its global growth forecasts on Monday and a survey showed increasing pessimism among business chiefs as trade tensions and uncertainty loomed over the world's biggest annual gathering of the rich and powerful.

IMF chief rules out imminent global recession, anticipates sharper decline in global growth

The International Monetary Fund said Monday it was "imperative" to resolve the uncertainty surrounding how Britain will leave the European Union, which it said was posing a threat to the British and global economy.

Imperative to resolve Brexit uncertainty immediately: IMF

Saudi Arabia is planning to set up a $10 billion oil refinery in Pakistan's deepwater port of Gwadar, the Saudi energy minister said on Saturday. "Saudi Arabia wants to make Pakistan's economic development stable through establishing an oil refinery and partnership with Pakistan in the China Pakistan Economic Corridor," Saudi Energy Minister Khalid al-Falih told reporters in Gwadar.

Saudi Arabia to set up $10 billion oil refinery in Pakistan

Pakistan will not approach the IMF for a new bailout package and is considering alternative options to tide over its economic crisis, Finance Minister Asad Umar said Saturday.

Pakistan not approaching IMF for new bailout programme, considers alternative options: Finance Minister

The International Monetary Fund executive board on Tuesday gave final approval to a new loan package for Ukraine and released $1.4 billion for immediate use. The IMF had agreed on the $4 billion, 14-month loan in mid-October but the board was waiting for the government to follow through with a series of economic policies before approving the aid to the war-torn nation, including raising gas and heating rates.

IMF board approves new Ukraine loan package, releases $1.4 billion immediately

The Trump administration is making all efforts to ensure that any IMF loan to Pakistan is not used to repay its Chinese debt, a US official told lawmakers Wednesday.

No IMF money to Pakistan to repay Chinese debt: US

The IMF has demanded Pakistan provide all details of China's financial support to the cash-strapped country to avail a bailout package from it, according to media reports.

IMF demands details of Pakistan's financial assistance deal with China: Report

The International Monetary Fund (IMF) said Thursday it feared the consequences of a possible "contagion" of Italy's economic woes to European countries with "weaker macroeconomic fundamentals.

IMF fears possible Italy 'contagion' to weaker European economies

An International Monetary Fund team arrived in Islamabad Wednesday for talks on a possible IMF bailout, even as Pakistan insisted it had solved its immediate balance of payments crisis.

IMF team in Pakistan as China pledges economic aid

The Pakistani finance minister's bullish comments declaring the end of an economic crisis have bolstered confidence ahead of crunch talks with the International Monetary Fund on Wednesday, but the country is still likely to need a bailout.

Pakistan gets a boost of confidence but IMF bailout still on cards

Pakistan's finance minister said on Tuesday his country's balance of payments crisis was over, a day before a team from the International Monetary Fund (IMF) is due to arrive to discuss a potential aid package.

On eve of IMF talks, Pakistan's finance minister says balance of payments crisis over

The discussion on Pakistan's multibillion-dollar bailout application would begin on Wednesday, the International Monetary Fund has said. Last month, Pakistan Finance Minister Asad Umar had made a formal request for financial assistance from the IMF.

Discussion on Pakistan's bailout application to begin on Wednesday: IMF

The International Monetary Fund has said it was monitoring the development in India with regard to the reported rift between the Reserve Bank of India and the Centre.

RBI row: IMF against govt interference that compromises central bank's independence

Imran Khan will arrive in China on Friday in what is termed as the most significant visit to China by a Pakistani Prime Minister in recent years as the all-weather allies grapple to iron out differences over the CPEC and Islamabad approaching 'friendly nations' to avoid a tough IMF bailout package.

Spotlight on CPEC projects, IMF bailout as Imran Khan all set to embark on maiden China visit