IMF News

Bank of Korea Governor Reassures on Adequacy of Foreign Exchange Reserves

Bank of Korea Governor Rhee Chang-yong reassures on the adequacy of Korea's foreign exchange reserves, aligning with IMF's qualitative assessment. He also discusses the impact of p...

Sri Lanka's Innovative Debt Restructuring: Governance and Macroeconomic Linked Bonds

Sri Lanka's debt restructuring involves $12.55 billion in international bonds, introducing innovative instruments linked to economic growth and governance. These include Governance...

Pakistan's Central Bank Cuts Key Rate by 200 Basis Points: Fifth Consecutive Reduction

Pakistan's central bank cuts key policy rate by 200 basis points to 13%, its fifth consecutive reduction since June, aiming to revive the economy as inflation eases. The aggressive...

El Salvador's $1.3B IMF Loan: Bitcoin Reforms and Fiscal Adjustments

El Salvador is close to securing a $1.3 billion loan agreement with the IMF, subject to Bitcoin reforms and fiscal adjustments. This could unlock additional funds from the World Ba...

Pakistan's Inflation Rate Drops to 23.1% in February, Offering Hope for Economic Stability

Pakistan's consumer price index rose 23.1% in February from the same month last year, marking the slowest annual inflation rate since June 2022. The country has been struggling wit...