Pakistan hopes to seal key IMF bailout agreement soon

By Ariba Shahid KARACHI, Pakistan (Reuters) -Pakistan’s debt continues to be sustainable, International Monetary Fund (IMF) managing director Kristalina Georgieva said on Thursday, after the government reiterated it had completed all requirements to receive a critical bailout from the IMF. Pakistan has less than a month’s worth of foreign exchange reserves and is awaiting a…

Read More
Japan, India And France Announce Common Platform For Sri Lanka Creditors

Japan, India And France Announce Common Platform For Sri Lanka Creditors

By Leika Kihara and Jorgelina do Rosario WASHINGTON (Reuters) -Japan, India and France on Thursday announced a common platform for talks among bilateral creditors to coordinate restructuring of Sri Lanka’s debt, a move they hope would serve as a model for solving the debt woes of middle-income economies. It remains uncertain, however, whether Sri Lanka’s…

Read More

Japan, India and France announce common platform for Sri Lanka creditors

By Leika Kihara and Jorgelina do Rosario WASHINGTON (Reuters) -Japan, India and France on Thursday announced a common platform for talks among bilateral creditors to coordinate restructuring of Sri Lanka’s debt, a move they hope would serve as a model for solving the debt woes of middle-income economies. It remains uncertain, however, whether Sri Lanka’s…

Read More