Browsing: bailout

Sri Lanka’s economy has been in freefall since the onset of the COVID-19 pandemic. The country’s tourism industry, a major…

IMF Approves $3 Billion Financial Aid for Pakistan Pakistan has received a much-needed financial lifeline from the International Monetary Fund…

Bilawal Bhutto Zardari becomes the first FM to visit in nearly 12 years.

Last year during September, the IMF had agreed to bailout Sri Lanka, approving a loan of $2.9 billion dollars. The…

After defaulting on its foreign debt last year, the nation is struggling with a rise in prices, scarcity of supplies,…

Pakistan’s dwindling currency and deepening economic crisis becomes worse as the International Monetary Fund (IMF) has refused to provide $1.1bn…