Pakistan completes prior actions for IMF staff-level agreement, securing $1.2bn disbursement to avert sovereign default through unprecedented policy measures.
Sri Lanka postpones local elections amid opposition protest
Sri Lanka faces opposition protests and uncertainty as it postpones local elections due to lack of government funding and the move raises concerns about the country’s democracy and future under its new president.
IMF to end talks with Pakistan
Pakistan expects to conclude IMF staff-level talks soon, unlocking funds to battle economic crisis and the fiscal adjustments demanded are likely to fuel record-high inflation.