Colombo, May 19 (PTI) Sri Lankan Prime Minister Ranil Wickremesinghe on Thursday accepted a generous offer from Maldivian Speaker Mohamed Nasheed to assist the debt-ridden island nation's bid to secure…
Washington, Apr 27 (PTI) The surge in oil prices due to the Ukrainian war has pushed up inflation in India, which needs monetary tightening and measures to address structural weaknesses…
(Reuters) - Sri Lanka must tighten monetary policy, raise tax and adopt flexible exchange rates to address its debt crisis, a senior International Monetary Fund (IMF) official said on Tuesday.…
Islamabad, Apr 24 (PTI) Cash-strapped Pakistan and the IMF have agreed to extend the stalled bailout package by up to one year and increase the loan size to USD 8…
Washington, Apr 24 (PTI) The International Monetary Fund has assured support to debt-ridden Sri Lanka in its efforts to mitigate the current economic crisis and termed the initial discussions with…
By David Lawder and Steve Scherer WASHINGTON (Reuters) -The Group of 20 major economies cannot effectively function as long as Russia remains a member, Canada's finance minister said on Friday…
WASHINGTON (Reuters) - G7 officials and others walked out of a meeting of the Development Committee that advises the governors of the World Bank and International Monetary Fund on Friday…
Washington, Apr 22 (PTI) As the chair of the powerful grouping of G-20 countries next year, India has a unique role to play to overcome global challenges by reaching out…
New Delhi, Apr 21 (PTI) Finance Minister Nirmala Sitharaman on Thursday met First Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath, and discussed a range of issues, including…
Washington, Apr 21 (PTI) World Bank President David Malpass has welcomed India’s move to begin selling oil from its stockpiles, asserting that the world needs to take important steps to…
Washington, Apr 21 (PTI) A high growth rate for India, as projected in the latest World Economic Outlook, is not only healthy for the country but also positive news for…
Washington, Apr 21 (PTI) Sri Lanka’s bitter debt crisis experience has emerged as one of the major topics of discussion among the global financial leaders who have gathered here for…