Over 20 countries have received more than $240 billion in bailouts from the Chinese government since 2000, says a new report, making the case that China’s bets appear to have gone badly wrong
The International Monetary Fund (IMF) is refusing to release the USD 1.1 billion tranche under the USD 7 billion loan facility unless crucial decisions are made by the government and implemented.
Pakistan has implemented a series of policy measures including increased taxes, higher energy prices, and increasing interest rates to the highest in 25 years to unlock the IMF funding.