Tag: Extended Fund Facility

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IMF board enables disbursement of about $500 mln to Ukraine – Statement

Business GC NewsDesk GC NewsDesk -
Key TakeawaysThe IMF Board has approved a nearly $500 million disbursement to Ukraine under the Extended Fund Facility program.The disbursement aims to stabilize the...

Omar hits out at IMF for reimbursing Pak for devastating border areas in J&K

Inside Kashmir GC NewsDesk GC NewsDesk -
Key TakeawaysJammu and Kashmir Chief Minister Omar Abdullah criticizes IMF for granting loan to Pakistan, enabling it to devastate border areas in J&K.The IMF's...

IMF completes 3rd review under 48-month Extended Fund Facility with SL

Business GC NewsDesk GC NewsDesk -
Key TakeawaysSri Lanka's economic growth averaged 4.3 percent since growth resumed in the third quarter of 2023.The IMF's review found that Sri Lanka's performance...

Sri Lanka reaches staff-level agrmt with IMF on 1st review of EFF arrangement

Current Affairs GC NewsDesk GC NewsDesk -
Key TakeawaysThe staff‑level agreement unlocks about $330 million for Sri Lanka’s economic program.Inflation has dropped to 1.3%, a steep fall from the 70% peak in...