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Sri Lanka, IMF

IMF, bilateral creditors back Sri Lanka on $12.5 billion bondholder debt rework

Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary Fund, the finance ministry said on Friday, a huge boost to the island nation's fragile economy.

Barron's · 12h

Sri Lanka Approves Controversial Foreign Debt Deal

Sri Lanka's new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said Saturday.

Daily Journal · 1d

IMF asks Sri Lanka to protect hard-won gains

Sri Lanka's painful austerity measures were "bearing fruit" and must be sustained, the International Monetary Fund said Friday as the country's new president sought changes to its $2.9 billion bailout.

Reuters on MSN · 2d

Sri Lanka to move forward with third review of near $3 billion IMF bailout

Sri Lanka plans to move ahead with the third review of its nearly $3 billion programme of support from the International Monetary Fund, the new government said on Thursday, as the island nation seeks to emerge from its worst financial crisis in decades.

Barron's · 1d

Sri Lanka's New President Seek Changes To IMF Deal

Sri Lanka's new president Thursday urged the IMF to consider "alternative means" to continue with a $2.9 billion bailout that aided his country in the wake of a sovereign default but imposed painful austerity.

IMF, Ghana

Reuters · 1d

IMF and Ghana reach staff-level deal on $3 bln loan-programme review

International Monetary Fund staff and officials in Ghana have reached an agreement on their third review of the West African country's $3 billion IMF loan programme, the fund said on Friday.

Bloomberg L.P. · 1d

Ghana, IMF Reach Staff-Level Deal on $360 Million of Funding

Ghana is close to receiving another $360 million disbursement from the International Monetary Fund as it reached a staff-level agreement with the Washington-based lender on the third review of an extended credit facility program.

International Monetary Fund · 1d

IMF Reaches Staff-Level Agreement on the Third Review of the Extended Credit Facility with Ghana

An International Monetary Fund (IMF) staff team, led by Mr. Stéphane Roudet, Mission Chief for Ghana, held meetings in Accra from September 24 to October 4, 2024, to discuss progress on reforms and the authorities’ policy priorities in the context of the third review of Ghana’s three-year program under the Extended Credit Facility.

IMF Pushes El Salvador To Narrow Bitcoin Law For Funding

The International Monetary Fund stated that El Salvador needs to limit the scope of its Bitcoin Law in order to get funding.

IMF Says Bitcoin Remains Key Element in El Salvador Program Talks

(Reuters) - Program talks between the International Monetary Fund and El Salvador focus on strengthening reforms, while ...

New Sri Lanka Leader Meets IMF, Completes Deal Consultation

Sri Lanka’s new president stuck to his campaign promises of reducing taxes and providing other relief to citizens in his ...

cryptonews3h

IMF Urges El Salvador to Scale Back Bitcoin Law in Ongoing Negotiations

The IMF urges El Salvador to tighten its Bitcoin policies and enhance regulatory oversight to mitigate financial risks amid ...

IMF endorses RBA high interest rates and warns a further hike might be needed if the inflation fight stalls

The International Monetary Fund has endorsed the Reserve Bank’s tough monetary policy – while warning rates might need to ...

International Monetary Fund1d

IMF Staff Completes 2024 Article IV Mission to the Philippines

An International Monetary Fund team led by Ms. Elif Arbatli Saxegaard conducted discussions on the Philippine economy for the 2024 Article IV Consultation from September 18-October 2, 2024.

The Africa Report1dOpinion

Opinion: Why Africa is far from the IMF’s biggest beneficiary

While loans granted to Africa by the IMF have almost tripled this year in comparison with 2023, in the 2024 financial year ...

Arise9h

IMF, World Bank, WHO Step Up Cooperation on Pandemic Preparedness

The IMF, World Bank, and WHO have united on cooperation principles to enhance pandemic preparedness and strengthen global ...

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