• 23 November, 2024
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One dead after police fire on protesters in Sri Lanka amid bailout talks with IMF

By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO (Reuters) - Sri Lankan police fired live ammunition to scatter protesters on Tuesday, killing one person and injuring a dozen more, as the…

FM Sitharaman meets IMF chief, discusses impact of recent ‘geopolitical developments’ on global economy

Washington, Apr 19 (PTI) Finance Minister Nirmala Sitharaman on Tuesday held talks with IMF chief Kristalina Georgieva during which they voiced concern over the impact of the recent "geopolitical developments"…

FM leaves for US to attend World Bank, IMF meetings

New Delhi, Apr 17 (PTI) Finance Minister Nirmala Sitharaman will be leaving for the US later on Sunday to attend the spring meetings of the World Bank and the IMF…

Zelenskiy, IMF managing director discuss Ukraine’s ‘post-war reconstruction’

WASHINGTON (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Sunday he spoke with IMF Managing Director Kristalina Georgieva about Ukraine's financial stability and the country's post-war reconstruction. "Discussed with IMF…

Crisis-hit Sri Lanka announces debt default

Colombo, Apr 12 (PTI) Faced with critically low forex reserves, Sri Lanka on Tuesday announced that the crisis-stricken country will default on its external debt pending a bailout package from…

India has safeguards in place to mitigate risks from capital flows: IMF

Washington, Mar 31 (PTI) India, which has received a record number of foreign direct investment during the last few years despite COVID-19 crisis, has quite a few safeguards in place…

Sri Lanka to seek World Bank support alongside IMF loan programme – sources

By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO/NEW DELHI (Reuters) - Sri Lanka will seek World Bank assistance to stave off a severe economic crisis in addition to an International Monetary…

Russian default no longer ‘improbable’, but no trigger for global financial crisis- IMF

By Andrea Shalal WASHINGTON (Reuters) -Russia may default on its debts in the wake of unprecedented sanctions over its invasion of Ukraine, but that would not trigger a global financial…

India calls for more multi-lateral funding to prepare for future pandemics

NEW DELHI (Reuters) - India on Thursday urged the world's biggest 20 economies (G20) to make joint efforts to ensure increased multi-lateral funding by global institutions including the International Monetary…

U.N. has millions in Afghanistan bank, but cannot use it

By Michelle Nichols UNITED NATIONS (Reuters) - The United Nations has about $135 million in the bank in Afghanistan but is unable to use it because the Taliban-run central bank…

IMF ready to aid countries hit by Russia-Ukraine spillovers, Georgieva says

By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund stands ready to help countries that may be affected by any spillover effects from a Russia-Ukraine conflict and…

Argentina’s Fernandez set for China, Russia tour after IMF accord

BUENOS AIRES (Reuters) - Argentina's President Alberto Fernandez will begin an overseas tour on Tuesday including visits to Russia and China, a trip that comes amid tensions over a possible…