The Latest Breaking News from International Monetary Fund

ISLAMABAD: Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth US$3 billion announced by the IMF in Washington late Thursday.

The International Monetary Fund has agreed to provide $3 billion to Pakistan — a long-awaited relief to bail out the impoverished country’s ailing economy

An International Monetary Fund report on Lebanon’s economic situation released Thursday warns that without reforms, the small, crisis-ridden country will continue to see triple-digit inflation

Banks closed to prevent rush on desposits as IMF bailout deal is put to parliament

NATO chief Jens Stoltenberg and Ukraine's President Volodymyr Zelensky are the key figures at a European Union summit underway in Brussels this Thursday, highlighting the importance of protecting the EU's eastern flank from Russian aggression and bolstering support for Tunisia to combat illegal migration across the Mediterranean.

Central bank outlines measures to restructure local debt as part of efforts to meet conditions of IMF bailout.

As inflation reaches record 38 percent in May and IMF bailout package awaited, the economic crisis affects celebrations.

Editorial: For the first time since Covid, businesses are most to blame for the UK’s high inflation rates. But ministers are doing little about it

Christine Lagarde says without a shift in corporate behaviour, interest rates will need to stay higher for longer

Pakistan’s prime minister says he hopes the International Monetary Fund will make its decision in a day or two on the fate of the much-needed $6 billion bailout package for his country

Analysts say successive governments have opted to kick the can down the road rather than take serious action.