The International Monetary Fund's executive board on Friday approved a four-year $15.6 billion financing package for Ukraine as part of a $115 billion total international support package, as Russia's invasion stretched into a second year, the IMF said.
Pakistan on Thursday kicked off outsourcing of operations and land assets at three major airports to be run through a public private partnership, a finance ministry statement said, a move to generate foreign exchange reserves for its ailing economy.
U.S. Treasury Secretary Janet Yellen on Wednesday said she expected the U.S. nominee to head the World Bank, former Mastercard CEO Ajay Banga, to be elected as president of the multilateral development bank.
China spent $240 billion bailing out 22 developing countries between 2008 and 2021, as more have struggled to repay loans spent building "Belt & Road" infrastructure, according to a study.