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    Tag:IMF

    IMF Urges Faster Progress in Sri Lanka’s State-Owned Enterprise Reforms amid Policy Reversals

    Papageorgiou's comments come in the wake of political shifts that have disrupted previous reform strategies. The new administration under President Anura Kumara Dissanayake has halted privatization efforts initiated by the previous government, led by Ranil Wickremesinghe.

    Sri Lanka to Amend IMF-Backed Electricity Act Amid Policy Shift

    While the previous government’s reforms aimed at increasing transparency, efficiency, and private sector involvement, the Dissanayake administration appears to be prioritising a different approach, potentially curbing or modifying privatisation efforts.

    Pakistan, IMF Agree on $1.3 Billion Fund for Resilience, Sustainability

    By adhering to its reform commitments and leveraging RSF funding, Pakistan aims to build a sustainable future while addressing critical challenges in fiscal policy, energy, and climate adaptation.

    IMF Delegation Arrives in Pakistan for Climate Funding Talks

    The visit is seen as part of ongoing efforts to align Pakistan’s financial policies with international climate commitments, ensuring sustainable economic reforms in the face of mounting environmental challenges.

    IMF Urges Maldives to Cut Spending; Tighten Monetary Policy to Manage Debt and Currency

    According to the IMF, the Maldivian government faces the critical challenge of balancing fiscal discipline with economic growth. The IMF feels that while reforms may be difficult, they are essential to ensure macroeconomic stability and sustainable development in the years ahead.

    IMF Chief Reaffirms Support for Pakistan’s Reforms in Meeting with Shehbaz Sharif

    Georgieva praised Pakistan’s efforts in implementing the IMF-supported program, acknowledging the country’s improving economic performance with rising growth and declining inflation. She recognized Pakistan’s economic recovery and noted that it is on a positive trajectory.

    Pakistan Eyes Expansion in Chinese Capital Markets and Hong Kong Listings

    Pakistan is taking significant steps to deepen its financial and economic engagement with China, aiming to tap into the world’s second-largest capital market and expand corporate opportunities in Hong Kong.

    Sri Lanka Engages IMF for Restructuring of State Owned Enterprise; Prioritises Poverty Alleviation and Rural Development

    SOEs, including SriLankan Airlines, Sri Lanka Telecom, and Ceylon Petroleum Corporation, have long been plagued by mismanagement and inefficiencies, burdening taxpayers.

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    Vice President Calls for Farmer-Led Agri-Business Revolution at Goa’s ICAR-CCARI Meet

    Dhankhar urged farmers to see themselves as entrepreneurs with the potential to drive rural economies. He underscored the importance of participating in the input chain of agriculture (fertilizers, pesticides, machinery) and the output chain including storage, processing, and retail.
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    Sri Lanka: NEXT Workers Demand Answers, Consultation Over Abrupt Factory Closure

    Anto Marcus, Secretary General of the Free Trade Zones and General Services Employees Union, confirmed that the company failed to consult workers as mandated by their collective agreement.

    China Urges Investment Climate Reforms as Interest in Bangladesh Grows

    China has grown into one of Bangladesh’s most significant economic partners. In FY 2023–24, Bangladesh imported goods worth $16.637 billion from China, accounting for 26.4 per cent of the country’s total imports, indicating the growing demand for Chinese products.

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    Vice President Calls for Farmer-Led Agri-Business Revolution at Goa’s ICAR-CCARI Meet

    Dhankhar urged farmers to see themselves as entrepreneurs with the potential to drive rural economies. He underscored the importance of participating in the input chain of agriculture (fertilizers, pesticides, machinery) and the output chain including storage, processing, and retail.

    Sri Lanka: NEXT Workers Demand Answers, Consultation Over Abrupt Factory Closure

    Anto Marcus, Secretary General of the Free Trade Zones and General Services Employees Union, confirmed that the company failed to consult workers as mandated by their collective agreement.