IMF to Release $700 Million Bailout Tranche to Pakistan in January The International Monetary Fund (IMF) has announced the disbursement of a $700 million bailout package to Pakistan in January. This substantial aid comes as part of the ongoing Extended Fund Facility (EFF) program aimed at stabilizing Pakistan’s economy amidst economic challenges exacerbated by the…
IMF Approves $337 Million Second Tranche Loan for Sri Lanka The International Monetary Fund (IMF) has given the green light for a second tranche loan of $337 million to Sri Lanka, marking a significant milestone in the country’s economic stabilization efforts. This move comes as part of the IMF’s Extended Fund Facility (EFF) arrangement, aimed…
IMF Raises India’s FY24 GDP Growth Forecast to 6.3% In a significant development for the Indian economy, the International Monetary Fund (IMF) has raised its GDP growth forecast for India in the fiscal year 2024 to 6.3%. This positive revision comes as a boost to the aspirations of millions of students preparing for various government…
