Articles

  • 2 weeks ago | news.bloomberglaw.com | Malavika Kaur Makol |Anusha Ondaatjie

    The International Monetary Fund reached a staff level agreement with Sri Lanka, paving the way toward unlocking the next tranche of funds under an existing $3 billion loan program. The conclusion of the fourth review will give the nation access to about $344 million after approval from the IMF’s executive board, the Washington-based lender said in a statement on Friday.

  • 2 weeks ago | financialpost.com | Malavika Kaur Makol |Anusha Ondaatjie

    Advertisement 1The International Monetary Fund reached a staff level agreement with Sri Lanka, paving the way toward unlocking the next tranche of funds under an existing $3 billion loan program. Article content(Bloomberg) — The International Monetary Fund reached a staff level agreement with Sri Lanka, paving the way toward unlocking the next tranche of funds under an existing $3 billion loan program. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.

  • 2 weeks ago | bloomberg.com | Malavika Kaur Makol |Anusha Ondaatjie

    Sri Lanka has followed tight fiscal guidelines under the IMF bailout, including restructuring most of its debt with bondholders. (Bloomberg) -- The International Monetary Fund reached a staff level agreement with Sri Lanka, paving the way toward unlocking the next tranche of funds under an existing $3 billion loan program.

  • 4 weeks ago | bloomberg.com | Kamran Haider |Malavika Kaur Makol

    Fitch Ratings upgraded Pakistan to ‘B-’ from ‘CCC+’ with a stable outlook. (Bloomberg) -- Fitch Ratings upgraded Pakistan’s credit rating, citing confidence that the South Asian country will be able to sustain reforms under a loan program with the International Monetary Fund. The credit assessor upgraded Pakistan to ‘B-’ from ‘CCC+’ with a stable outlook. Other countries with a similar rating include Angola, El Salvador and Iraq.

  • 1 month ago | news.bloombergtax.com | Malavika Kaur Makol |Kerim Karakaya

    Emerging-market stocks erased their gains for the year in one of their worst days since the global financial crisis, as the escalating trade conflict fueled a flight to safer assets. MSCI’s main emerging equity index dropped as much as 8.4% on Monday, its biggest intra-day move since 2008, while an index for emerging market currencies also slipped.

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