Sri Lanka’s economy has “completely collapsed” and is facing a far more serious situation beyond the mere shortages of fuel, gas, electricity and food, Prime Minister Ranil Wickremes...

An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, as the country’s cabinet cleared a constitutional amendment to dilute presidential powers that could assuage...

Sri Lankan Prime Minister Ranil Wickremesinghe on Monday held talks with a visiting IMF team on an economic programme that could be supported by the global lender's lending arrangement for the cas...

Pakistan will continue to be on the "Grey List" of countries under increased monitoring of the Financial Action Task Force (FATF), a statement from the global money laundering and terrorist ...

The IMF has said that it is concerned by the use of food and fertilizer export restrictions by some nations which can exacerbate global price increases and market volatility and welcomed India's r...

  Sri Lankan Prime Minister Ranil Wickremesinghe has urged IMF chief Kristalina Georgieva to send a team to Colombo "as soon as possible" so that a staff-level agreement could be final...

The IMF is in the process of revising India’s growth projection for 2022, which could be lower than its earlier forecast of 8.2 per cent, amid risks of global stagflation. “The Fund is cu...

The International Monetary Fund has assured support to debt-ridden Sri Lanka in its efforts to mitigate the current economic crisis and termed the initial discussions with the delegation led by the co...

Jerome H. Powell, the chair of the US Federal Reserve, signaled on Thursday that the central bank was prepared to raise interest rates rapidly starting in May as it tries to cool down the economy and ...

The World Bank is ready to provide emergency support to Sri Lanka and protect the vulnerable people amidst the unprecedented economic crisis in the country, a media report on Wednesday quoted a senior...