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Sri Lanka Aims for Faster IMF Funds
Colombo, March 25 Sri Lanka is hoping to receive two installments of its bailout package from the IMF when the IMF team arrives here to complete its mission, Central Bank Governor Nandalal Weerasinghe said on Wednesday.An International Monetary Fund (IMF) team will arrive here on Thursday and... - K
Mojtaba Khamenei Appointed as Iran’s New Supreme Leader, Report Says
Assembly of Experts Selects Mojtaba Hosseini Khamenei Mojtaba Hosseini Khamenei, the second son of Ayatollah Ali Khamenei, has been appointed as Iran’s new Supreme Leader, according to a report by Iran International.The report states that the decision was made by Iran’s Assembly of Experts... - K
Bank of Korea Holds Interest Rate at 2.5% as Growth Outlook Improves and Housing Risks Persist
Bank of Korea Maintains Benchmark Rate for Sixth Straight MeetingSeoul, February 26: The Bank of Korea kept its benchmark interest rate unchanged at 2.5 percent on Thursday, signaling a cautious approach as policymakers balance stronger economic growth with mounting financial stability... - K
Joblessness and Austerity: Pakistan Faces Structural Economic Challenges
New Delhi, February 14 – Pakistan's fragile economy has received temporary relief after the United Arab Emirates extended $2 billion in maturing loans for one month at an interest rate of 6.5 per cent.The extension covers two separate $1 billion loans that matured in mid-January 2026. However...