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IMF’s statement holds crucial importance because it comes at a time when the current government is doing a crackdown against workers and leaders of Imran Khan’s PTI

IMF tells Pakistan to resolve political disputes in line with ‘Constitution and rule of...

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IMF sets out preconditions for Pakistan to secure bailout In an unusual move, the International Monetary Fund (IMF) on Tuesday urged Pakistan to resolve its...
The visit in February sparked speculation that the US was planning to set up a military base in Sri Lanka

US has no plans of setting up military base in Sri Lanka: US Ambassador...

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Chung puts to rest rumors of a military base in Sri Lanka Rejecting the media speculations, the US Ambassador to Sri Lanka Julie J Chung...
The IMF facility would enable the island nation to obtain bridging finance from markets and other lending institutions such as the ADB and the World Bank

IMF only option available to Sri Lanka to overcome the economic crisis, says President...

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IMF only hope Sri Lankan President Ranil Wickremesinghe on Tuesday emphasized that seeking the International Monetary Fund (IMF) bailout package was the only option available...
Already a lot of industries have closed down, and if those industries don't restart soon, some of the losses will be permanent

Pakistan’s economy at risk of collapse; Pak rupee reaches all-time low after devaluation

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Pakistani rupee hits a record low of 255.43 against the US dollar British publication Financial Times has warned that Pakistan's economy is at risk of collapse...
India to suggest ways and means for Sri Lanka to restructure its debt, and privatize?

MEA S Jaishankar to be in Colombo on Thursday

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The two-day visit is expected to see some announcements External Affairs Minister S Jaishankar is expected to visit Colombo on 19th January, Thursday, for two...
In a special notification issued by the Sri Lankan Finance Ministry, the ban was imposed on a total of 300 items including chocolates, perfumes, makeup, and shampoo among several other products

Sri Lanka bans the import of 300 items of consumer goods to stabilize the...

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Crisis-stricken Sri Lanka slaps import ban on a wide range of consumer goods with immediate effect Facing chaos in the economy, the Sri Lankan government...
China confirms that Sri Lanka has permitted its satellite and missile tracking ship to dock at the Hambantota port, but it has chosen to withhold the specifics of the negotiations with Colombo

China silent on details of talks with Sri Lanka as its high-tech ship set...

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Beijing evade questions about the specific mission of the high-tech vessel China on Monday said Sri Lanka has allowed its satellite and missile tracking ship...
In the coming months, the US will continue to support Sri Lankans as they revive their economy, combat food insecurity, and promote public health and education, the Embassy had said

US delegation meets Sri Lankan President Gotabaya Rajapaksa to discuss the economic crisis, revival...

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Top US delegation visits Sri Lanka to help island nation avert crisis A high-level US delegation on Monday met Sri Lankan President Gotabaya Rajapaksa and...
Sipping fewer cups a day would cut Pakistan's high import bills, Federal Minister for Planning Ahsan Iqbal said

Pakistan Federal Minister asks people to drink fewer cups of tea to save precious...

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Pakistanis asked to drink less tea to cut imports Pakistan Federal Minister for Planning and Development Ahsan Iqbal has urged Pakistanis to drink less tea as...
India today is a fascinating global investment destination due to its sustained commitment to economic reforms and improvement in the ease of doing business

India: A bright spot in the global economic arena, says President of World Economic...

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India is the main driver of global economy amid post-pandemic & Ukraine War On the sidelines of the World Economic Forum's (WEF) Annual Meeting, Borge...

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