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BAILOUT NEWS

The IMF's uncomfortable balancing act in Pakistan

August 27, 2025 4:27 pm

The recent bailout underscores how the international system continues to accommodate a geopolitically pivotal yet structurally fragile state

Pakistan seeks reprofiling of over USD 27 billion debt with friendly nations: Finance Minister

July 29, 2024 6:08 pm

Finance Minister Muhammad Aurangzeb after returning from Beijing told the media on Sunday that talks have been going on with China, Saudi Arabia and the UAE for a re-profiling of USD 27 billion.

IMF says 'significant progress' made in talks with Pakistan on new bailout package

May 24, 2024 6:45 pm

Pakistan has made a formal request for a fresh bailout package between USD 6 and USD 8 billion under the EFF, with the possibility of being augmented through climate finance.

IMF doubts cash-strapped Pakistan's repayment capacity as support team arrives in Islamabad

May 11, 2024 6:29 pm

IMF support team reached Pakistan on Friday to hold talks with officials after Islamabad requested a fresh bailout package under the Extended Fund Facility (EFF).

Uncertainty over impending elections could risk Sri Lanka's economic recovery: ADB

April 12, 2024 6:49 pm

The island nation is set to face a presidential election in the last quarter of this year, while the parliamentary election is due mid-next year.

What is an IMF bailout, when is it provided to a country, and what are the lending conditions?

March 28, 2023 8:32 pm

Sri Lanka secured a $3 billion bailout from the International Monetary Fund amid the worst economic crisis the island nation has faced since independence. Here is how IMF bailouts work.

As Punjabi varsity struggles to pay salary, govt extends help of Rs 20 crore

July 23, 2020 11:06 am

Sources said that after an audit report by Punjab Audit Department, it has come to light that the university was overstaffed and despite that it had recruited 600 more employees including sweepers and lift men during the last fiscal.

IL&FS misses more debt payments, showing takeover no instant fix

October 05, 2018 11:06 pm

IL&FS failed to service principal and interest on loans from banks, inter-corporate deposit and commercial papers totaling 339 million rupees ($4.6 million) due for the period from Sept. 30 to Oct. 4, it said in an exchange filing.

In bad company

October 03, 2018 12:08 am

IL&FS crisis underlines it: There is no alternative to corporate governance reforms.

New Greek prime minister Tsipras to name his cabinet

September 22, 2015 8:58 pm

Several positions will be reserved for members of Tsipras' junior coalition partner, the right-wing populist Independent Greeks.

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