KARACHI, Pakistan (AA) – Pakistan is expected to receive the second tranche of a $3 billion bailout package from the International Monetary Fund (IMF), the loaning agency’s Managing Director Kristalina Georgieva has said. “I expect an agreement of the review to come within this week,” Georgieva told Bloomberg Television in an inter...
Marrakesh, Morocco — AFP Israel’s war on Gaza has cast a shadow over the IMF-World Bank annual meetings in Morocco, with warnings that it has darkened the outlook for an already sluggish global economy. The global lenders are holding their gathering, which brings together finance ministers and central bankers from around the world,...
KARACHI, Pakistan (AA) – The International Monetary Fund (IMF) has urged cash-strapped Pakistan to increase its income through taxing the country’s rich, and protect the vulnerable in order to ensure economic stability. The call was reiterated by IMF Managing Director Kristalina Georgieva who met Pakistan’s caretaker Prime Minister...
RABAT, Morocco (AA) – The International Monetary Fund (IMF) will provide Morocco with a $1.3 billion loan following the Sept. 8 earthquake that killed thousands in the North African country. “The IMF concluded a staff-level agreement with Morocco to provide $1.3 billion in financing over the long term,” IMF Managing Director Krista...
