by Our Economic Affairs Correspondent “The IMF’s emphasis on fiscal austerity has proven to be misguided and has resulted in economic stagnation, high levels of unemployment, and increased poverty in many countries.”
The United States Supreme Court has ruled that the International Monetary Fund and the World Bank can be sued in cases where their activities have caused harm to local communities. The 7-1
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The Ceylon Chamber of Commerce congratulates the Government of Sri Lanka for securing a board-level agreement on the second review of Sri Lanka’s Extended Fund Facility (EFF) with the International Monetary Fund
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The International Monetary Fund (IMF)’s fiscal chief has warned that fiscal expansion is dominating the political discourse in the biggest-ever election year, calling for a durable and credible fiscal tightening to safeguard
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The International Monetary Fund (IMF) announced on March 21, 2024, that it has reached a staff-level agreement with Sri Lanka regarding the next phase of financial assistance, granting access to $337 million
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Egyptians are being hit with another round of price increases at the end of March 2024, less than three weeks after their government implemented further economic “reforms.” The policy changes were put in place
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Following a period of intensive negotiations, Pakistan and the International Monetary Fund (IMF) successfully reached a staff-level agreement on Wednesday. This agreement signifies a critical milestone for Pakistan, marking the culmination of
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The IMF team is in Colombo for the Second Review of the ongoing Extended Fund Facility (EFF) loan agreement with Sri Lanka and will meet with some civil society organisations and think tanks
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Addressing the daunting challenge involves enhancing public services, preventing bribery and corruption, managing public resources, addressing the basic needs of vulnerable communities, and overseeing state and privately funded projects at the national
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Policymakers and business leaders attending the 54th annual meeting of the World Economic Forum (WEF) here pin high hope on cooperation based on mutual trust and respect to drive global economic growth.
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Sri Lanka’s agreement with the International Monetary Fund (IMF) will continue for the coming four years irrespective of the government in power, said the central bank governor on Friday. Addressing a press
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