The IMF has approved a $350 million disbursement to Sri Lanka under its $2.9 billion bailout, bringing total support to $1.74 billion. Despite earlier opposition, the NPP-led government continues to ...

Bhalla is a former Executive Director at the International Monetary Fund (IMF). He gave an exclusive interview to IANS, where ...

The IMF has completed the fourth review of Sri Lanka’s USD 2.9 billion bailout programme, allowing the country to draw a USD 350 million tranche from the four-year facility. Amid the island’s ...

The global lender found that 54% of electricity subsidies go to the top 40% income group, who typically live in larger homes and use more electricity due to higher ownership of appliances and air ...

The Bangladesh Bank is set to discontinue its 14-day repo facility from September, a move expected to reshape liquidity management in the banking sector and influence treasury bill and bond yields.

Sri Lanka is working on starting e-invoices which will be directly linked to the tax office to digitalize the value added tax ...

Sri Lanka is working on starting e-invoices which will be directly linked to the tax office to digitalize the value added tax ...

Second, prudent fiscal management is on the back of a massive rise in non-tax revenue from the rise in collections under ...

President Trump declared his China deal ‘done’ after trade talks in London on June 10. And while the sarcastic, old ...

California remained the world’s fourth-largest economy as 2025 started by a narrow margin.

Spain will redirect an additional $1.9 billion in Special Drawing Rights to the International Monetary Fund as part of an ...