Sri Lanka’s $2.9 billion IMF bailout is going through its third review – Trendy Blogger

Sri Lanka’s .9 billion IMF bailout is going through its third review

 – Trendy Blogger

The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on Saturday, but stressed that the country’s economy remains fragile. The International Monetary Fund announced in a statement that it would release about $333 million, bringing the total amount disbursed under the rescue plan to about $1.3 billion. He pointed … Read more

The IMF Board will take a decision on the progress of Pakistan’s bailout plan – Trendy Blogger

The IMF Board will take a decision on the progress of Pakistan’s bailout plan

 – Trendy Blogger

ISLAMABAD: The International Monetary Fund has decided to submit the results of its unscheduled visit to Pakistan to its Executive Board for a decision, citing delays in the implementation of the $7 billion programme. In an official statement at the conclusion of its five-day visit, the IMF stated that “based on the preliminary findings of … Read more