A grand effort led by the Wolfensohn-run World Bank that involved debt cancellation—and advocacy by rock-star Bono—did little ...

The COVID-19 pandemic has weakened the fiscal positions of local governments in China, while the recent stress in the Chinese property market has further compounded this issue, calling for stronger ...

The prime minister also acknowledged China’s critical role during the negotiations with the International Monetary Fund (IMF). However, he stressed the need to develop in various fields ...

Worries that China’s external surpluses result from industrial policies reflect an incomplete view, says the IMF ...

Sri Lanka had reached agreements with external commercial creditors and China Development Bank (CDB) to restructure ...

Sri Lanka is preparing for its first national election since the financial default of 2022. Scheduled for September 21, 2024, ...

Sri Lanka’s president said reopening talks with the International Monetary Fund over a bailout program would represent the ...

Contrary to wide-held views that the International Monetary Fund (IMF) and China are the current leading creditors to Ghana, ...

Greets Chinese government, people on 75th anniversary, emphasizing China’s status as a global power and a vital partner in ...

Sri Lanka still faces significant economic challenges despite Wickremesinghe government’s gains through IMF-led policy ...

China is now Africa’s biggest trading partner, with 20% of exports going to China and 16% of imports coming from there, according to the International Monetary Fund (IMF).

Finance Minister Ali Pervez Malik said that Pakistan must meet all IMF conditions to secure the next loan tranche ...