![]() | 'Withdrawal restrictions, currency shortage': Lebanese protesters try to storm Beirut headquartersThe protest was called for by retired soldiers and depositors who have had limited access to their savings after local banks imposed informal capital controls amid the crisis. |
![]() | IMF bailout just beginning of long, more difficult journey: Sri Lankan President WickremesingheSri Lanka defaulted on its $46 billion foreign debt last April after nearly exhausting its foreign exchange reserves, making it almost impossible for importers to source vital goods. |
![]() | Sri Lanka bailout conditional on tackling corruption: IMFThe International Monetary Fund approved its long-delayed rescue programme on Monday after China, the South Asian nation's biggest bilateral lender, offered debt relief assurances. |
![]() | Pakistan seeks US help to secure 'lenient treatment' from IMFPakistan's economy is in dire straits. The foreign exchange reserves fell to a critically low level of USD 2.9 billion a few weeks ago. |
![]() | US President Biden proposes to double economic support fund to cash-strapped PakistanThe State Department’s budgetary proposal plans to give Pakistan USD 82 million for fiscal 2024, beginning in October, The support was USD 39 million in 2022. |
![]() | The fall and fall of PakistanIslamist policies, political and military corruption, and a terrorism problem of its own creation has brought India’s rogue neighbour to the brink of destruction |
![]() | Pity thy neighbour?: Pakistan economic crisisPakistan is going through its worst crisis in the last few decades. Their economy is crumbling, and their Forex reserves are said to last for only three more weeks. |
![]() | Pakistan government halts clearance of bills, salaries amidst economic crisis: ReportPakistan's foreign exchange reserves, which fell to a critically low level of USD 2.9 billion a few weeks ago, have now risen closer to USD 4 billion. |
![]() | Economic crisis: How Sri Lanka sleepwalked over a debt cliffSri Lanka's economic crisis and sovereign default were the result of long-lasting fiscal indiscipline, weak institutions, lack of transparency and accountability and short-sighted economic policies. |
![]() | 'Unable to make ends meet': Crumbling Pakistan economy puts children's futures on holdFather and daughter walk to work each day to save on transport costs -- a familiar story in Pakistan, where millions of families are feeling the brutal effects of an economy on the brink of collapse. |
![]() | Pakistan government orders Foreign Office to slash missions abroad as part of austerity measures: ReportIn a directive titled "Rationalisation of Foreign Mission Abroad" issued by the Prime Minister's Office on Tuesday, Sharif also demanded a well-considered proposal/plan from the foreign ministry. |
![]() | The bluff and bluster of a bankrupt nationThe Frankenstein that Pakistan fed and nurtured has begun to devour it, even targeting those in uniform. |
![]() | No deal as 'cash-strapped' Pakistan fails to reach consensus with IMF on bailout packagePakistan's economy is in dire straits, stricken by a balance-of-payments crisis as it attempts to service high levels of external debt amid political chaos and deteriorating security. |
![]() | IMF says 'considerable progress' made as Pakistan visit ends"Considerable progress was made during the mission on policy measures to address domestic and external imbalances," the IMF statement said. |
![]() | Cash-strapped Pakistan reaches deal with IMF over stalled bailout packageThe two sides discussed all aspects of the ailing economy of Pakistan and the fund insisted on tough conditions, including an increase in electricity and gas prices and raising new taxes. |
![]() | The begging bowl syndrome and PakistanThe people’s new-found fury is no longer aimed at just the political class but increasingly, the all-powerful Army. |
![]() | European economy in crossfire as US-China economic rivalry intensifiesThe IRA has sent chills down the spines of European leaders, who fear the generous support will encourage firms to shift production to the United States. |
![]() | Pakistan 'will have to agree' to IMF conditions for bailout: PMPakistan's economy is in dire straits, stricken by a balance of payments crisis as it attempts to service high levels of external debt, amid political chaos and a deteriorating security situation. |
![]() | Pakistan economic crisis: Oppn may create hurdles in govt's decisions, says IMFCash-strapped Pakistan and the IMF are currently in talks for the completion of a programme review for a bailout package. |
![]() | Supporting grassroots entrepreneurs is essential to revitalising Sri Lankan economyThe government should think of making macro-level interventions and adopt robust policy measures that it has never tried before. |
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