With time running out, an IMF group travels to Sri Lanka, in the midst of country crisis
An IMF delegation will arrive in Sri Lanka on Monday to discuss a rescue proposal, but time is running out for a country that is just days away from running out of fuel and months away from receiving any relief funds. Sri Lanka is in the midst of its biggest financial crisis since its 1948 […]
IMF chief urges G20 action to reverse global economy’s dangerous divergence
By Administrator_India Capital Sands Group of 20 countries should take strong policy actions to reverse a “dangerous divergence” that threatens to leave most developing economies languishing for years, the head of the International Monetary Fund said. IMF Managing Director Kristalina Georgieva said “much stronger international collaboration” was needed to accelerate the rollout of Covid-19 vaccines in poorer countries, including […]