When Russia invaded Ukraine, Ahuja notes, $300 billion in reserves were frozen, SWIFT access was cut, and brands fled ...

The International Monetary Fund has approved a $1 billion bailout to cash-strapped Pakistan. This authorisation comes even as ...

Find a way to deescalate, US Secretary of State Marco Rubio said in an unprecedented call to Pakistan Army Chief Asim Munir ...

The IMF had reviewed the extended fund facility (EFF) lending programme ($1 billion) and also considered a fresh resilience ...

The International Monetary Fund has disbursed $2.4 billion to Pakistan under new economic and climate resilience programmes, ...

India criticises IMF's $1 billion loan to Pakistan, fearing it may support terrorism amid ongoing tensions.- Watch Video on ...

India has long maintained that Islamabad diverts aid—meant for welfare and reform—towards bolstering its military or ...

The disbursement, approved on Friday under the Extended Fund Facility (EFF), raises total payouts under the programme to $2.1 ...

India abstained from the vote because the voting system does not allow for a formal “no” vote. The members can only vote “yes” or abstain. There is no provision to vote against a loan or proposal.

Pakistan came to the brink of default in 2023, as a political crisis compounded an economic downturn and drove the nation's ...

Gene Hackman’s Trusted Confidant Speaks Out: 'I Knew Something Was Wrong...' ...

Ghana's debt burden will ease sharply this year as the economy expands and the government reins in spending after a debt crisis, Barclays Plc said.