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Poorest nations to cut $220b public spending amid crushing debt:Oxfam
October 10, 2023

Poorest nations to cut $220b public spending amid crushing debt:Oxfam

More than half (57 percent) of the world’s poorest countries, home to 2.4 billion people, are having to cut public...
IMF US$3 billion bailout for Pakistan
July 13, 2023

IMF US$3 billion bailout for Pakistan

  *Pakistan’s’ economic reform program aims to support immediate efforts to stabilise the economy and guard against shocks while creating...
Ex-Pakistani PM claims US plotted against him after Russia deal
June 12, 2023

Ex-Pakistani PM claims US plotted against him after Russia deal

Imran Khan has said he rebuffed US pressure to condemn Moscow amid its operation in Ukraine. Pakistan’s former prime minister...
What Adam Smith would think about AI? : Gita Gopinath
June 10, 2023

What Adam Smith would think about AI? : Gita Gopinath

Artificial intelligence is by no means guaranteed to benefit humans and we must consider its negative effect on employment and...
300,000 Sri Lankans left for jobs overseas in 2022: The Economist
April 3, 2023

300,000 Sri Lankans left for jobs overseas in 2022: The Economist

  MELBOURNE, 3 April 2023: About 300,000 Sri Lankan have left the country for jobs overseas in 2022, says The...
Sri Lankans struggle to afford food as IMF approves bailout
March 22, 2023

Sri Lankans struggle to afford food as IMF approves bailout

Sri Lanka has secured $2.9 billion from the International Monetary Fund — a lifeline for the debt-ridden country. But for...
IMF predicts 6.1 % Real GDP growth for India in 2023-24
December 24, 2022

IMF predicts 6.1 % Real GDP growth for India in 2023-24

WASHINGTON, DC, December 22, 2022: The International Monetary Fund (IMF) has projected Real GDP to grow at 6.1 % in...
IMF team proposes $1,177 million (SDR 894 m) bailout for Pakistan
July 14, 2022

IMF team proposes $1,177 million (SDR 894 m) bailout for Pakistan

MELBOURNE, 14 July 2022: Pakistan is likely to get $1,177 million (SDR 894 million) from the International Monetary Fund (IMF),...
IMF Sri Lanka mission amid unpredictable crisis
May 27, 2022

IMF Sri Lanka mission amid unpredictable crisis

Washington, DC, May 26, 2022: An International Monetary Fund (IMF) team led by Mr. Peter Breuer and Mr. Masahiro Nozaki...
What’s happening in Sri Lanka and how did the economic crisis start?
April 14, 2022

What’s happening in Sri Lanka and how did the economic crisis start?

The island nation of Sri Lanka is in the midst of one of the worst economic crises it’s ever seen....