Colombo: Sri Lanka’s finance minister’s aide stated on Tuesday that the country had requested immediate financial assistance from the International Monetary Fund (IMF) and that the global lender could accept it after an initial reluctance. Island residents have taken to the streets to express their displeasure with the government’s handling of their finances and rising … Read more
WASHINGTON: The International Monetary Fund said Thursday it will extend its flexible access to emergency funding for an additional 18 months to help nations severely impacted by the Covid-19 pandemic. The IMF’s executive board agreed on Monday to “temporary increases to the cumulative access limits under its emergency financing instruments” through June 2023, the Washington-based crisis … Read more
The State Bank of Pakistan (SBP) has received $1.39 billion from the International Monetary Fund (IMF) under the Rapid Financing Instrument (RFI). The central bank Tweeted, “SBP has received $1.39bn under Rapid Financing Instrument by the IMF.” #SBP has received $1.39 bn under Rapid Financing Instrument by the #IMF. — SBP (@StateBank_Pak) April 22, 2020 … Read more
