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The International Monetary Fund's board approved a $3 billion bailout programme for Pakistan which will immediately disburse about $1.2 billion to help stabilise the South Asian ailing economy, the lender said on Wednesday. ....
An Argentine team is traveling on Tuesday to the United States to meet with officials from the International Monetary Fund (IMF) to negotiate terms to relax the agreement between the two, a source at Argentina's economy ministry said. ....
After pivoting Turkey away from Western allies, President Tayyip Erdogan has changed tack with moves that have pleased the U.S. and upset Russia, a turnaround seen aimed partly at reversing his country's economic downturn and boosting foreign investment. ....
Sri Lanka cut its key interest rates for the second consecutive month on Thursday as inflation tapered after last year's devastating economic crisis and the focus returned to reviving economic growth following a bailout from the International Monetary Fund (IMF). ....
Argentina's central bank is set to hold its benchmark interest rate steady at 97% in the near term with optimism that monthly inflation will slowly ease, two bank sources said on Thursday, a boost for the government ahead of primary elections next month. ....