World Bank’s Banga says more bilateral debt forgiveness needed
WASHINGTON: World Bank President Ajay Banga said on Thursday that bilateral creditors need to provide more debt forgiveness to poor ...
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World Bank says 26 poorest nations in worst financial shape since 2006
WASHINGTON: The world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at ...
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Country urged to enhance AML/CFT framework
ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan for continued enhancements in the Anti-Money Laundering and Counter Terrorist Financing ...
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Sri Lankans vote in a presidential election that will decide how it recovers from economic crisis
COLOMBO, Sri Lanka (news agencies) — Sri Lankans began voting Saturday in a presidential election that will determine the course ...
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Aurangzeb says Pakistan has secured debt rollover commitments from China, Saudi Arabia and UAE
Pakistan has secured commitments from China, Saudi Arabia and the United Arab Emirates to rollover debt for a year, said ...
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SBP reduces key policy rate by 100bps, takes it to 19.5%
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has reduced the key policy rate by 100 ...
Read moreIMF’s economic view: Brighter outlook for China and India but tepid global growth
WASHINGTON (news agencies) — The International Monetary Fund on Tuesday upgraded its economic outlook this year for China, India and ...
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Kenya’s president warns of huge consequences after his effort to address an $80 billion debt fails
NAIROBI, Kenya (news agencies) — The ballooning debt in East Africa’s economic hub of Kenya is expected to grow even ...
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Sri Lanka’s economic crisis and debt deal with bilateral creditors
COLOMBO: Sri Lanka signed an agreement with its bilateral creditors led by Japan and India, Sri Lankan president’s office said ...
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