IMF accused of ‘shifting goalposts’ on Pakistan’s economic bailout, causing frustration for government officials
IMF Urges Wealth Redistribution in Pakistan
The IMF urges Pakistan to tax high earners and subsidize only the poor to avoid debt restructuring and also continue for the release of $1.1bn in bailout funds, as IMF Urges Wealth Redistribution.
Pakistan fails to reach an IMF staff-level pact
IMF lauded the progress made by Pakistan on policy measures to address imbalances but Pakistan fails to reach IMF staff level pact…
![Sri Lankan protesters storm PM Ranil Wickremesinghe 's office, demanding he resign [Rafiq Maqbool/AP]](https://southasiatimes.org/wp-content/uploads/2022/04/383712639-320x179.webp)
Sri Lanka: The Great Economic Recession
Sri Lanka is witnessing the worst economic crisis in history. Varying hypotheses exist as to what brought this calamity over Sri Lanka. Internal economic policies coupled with systemic factors pushed Sri Lanka into a debt pile it does not seem to be coming out of.
IMF Predicts Growth to Reduce by 4.7% in the Economies of the Middle East and Central Asia
IMF Forecasts for the Middle East & Central Asia IMF recently briefed the world about the economic outlook of the Middle East and Central Asia. The fund has forecasted a reduction of 4.7%. A two percentage further increase in decline than April forec
