Jamaica secures $6.7 billion in agency aid for post-Melissa recovery
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Jamaica secures $6.7 billion in agency aid for post-Melissa recovery
Jamaica has lined up as much as $6.7 billion in support from global development agencies to finance a three-year rebuilding effort after Hurricane Melissa. Melissa, one of the strongest storms on record to make landfall in the Caribbean, unleashed catastrophic flooding and landslides with some 30 i»»»
Kyrgyzstan and Islamic Development Bank discuss construction of Kambarata HPP-1 - | 24.KG
The Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev met with the President of the Islamic Development Bank (IsDB) Dr. Muhammad Sulaiman Al Jasser. The talks took place at the Spring Meetings of the International Monetary Fund and the World Bank. The press service of the Cabine»»»
Debt inflows plunge 55pc in July-October
ISLAMABAD: Pakistan’s foreign assistance inflows fell by more than 55 per cent to about $2.7 billion in the first four months (July-October) of the current fiscal year, apparently because of delays in securing a bailout from the International Monetary Fund (IMF) and subsequent $1bn disbursements. L»»»
IsDB Chairman meets with Finance Ministers of Gambia and MontenegroRelated NewsComments.
Chairman of the Islamic Development Bank (IsDB), Dr. Mohammad Al-Jasser, met with The Gambia's Minister of Finance and Economic Affairs, on the sidelines of The Annual Meetings of the World Bank Group and International Monetary Fund (IMF) in Marrakech, Morocco. The two sides reviewed the projects b»»»
Iran’s Economy Minister Attends WBG Meeting in Morocco
TEHRAN (Tasnim) – Iran’s economy minister has traveled to Morocco to take part in the annual meeting of the World Bank Group (WBG). - Economy news - Ehsan Khandouzi, who has visited Morocco for the World Bank Annual Meeting, took part in the session of the Development Committee attended by 25 membe»»»
Pakistan seeks $11 billion aid from China, Saudi Arabia to keep IMF bailout programme on track: Report
Pakistan is reportedly seeking around $11 billion from China and Saudi Arabia to fill external and domestic resource gaps and ensure economic stability until a new government is formed. The caretaker government is also focusing on expanding the tax net to sectors such as retail, agriculture, and re»»»
IMF doesn’t formulates country's budget: MA Mannan
DHAKA, June 15, 2023 (BSS) - Planning Minister MA Mannan today said the International Monetary Fund (IMF) is not monitoring, influencing or formulating country's budget rather like other organisations; it just gives loans to the country. "If anyone thinks that we are trapped by the IMF and they are»»»
Free-falling rupee threat to national security; Sri Lanka-like scenario emerging: FPCCI chief
FPCCI president Irfan Iqbal Sheikh has maintained that the free-falling rupee has reached a point where it has become a threat to national security as LCs for petroleum imports are being opened at a much higher rate than that of intra-bank rate, and a grave law & order situation might emerge in cas»»»
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