CAIRO] Saudi Arabia’s credit rating was upgraded by S&P Global Ratings for the first time in two years, as the kingdom’s efforts to diversify the economy from oil pay off. Read more at The Business ...

While many signs point to ongoing structural decline, recent policy shifts and economic activity indicate a possible slow ...

To manage costs, the ministry has advised regular audits of the power plants’ production capacities to reduce payments for capacity charges to Independent Power Producers (IPP). It has also recommende ...

KARACHI: The rising demand due to higher debt servicing and repatriation of profits by foreign investors built pressure on the local currency, which saw the US dollar breaching the Rs280 and Rs281 ...

President Anura Kumara Dissanayake yesterday assured that the Government is fully aware of the challenges faced by all professional groups and is committed to addressing them sensitively while ...

The claim that the US dollar’s attractiveness is an exorbitant burden rather than an exorbitant privilege is unpersuasive, ...

Market sentiment was further lifted by Moody's upgrade of Pakistan's banking sector outlook and reports of the IMF lowering ...

In line with the standard procedures for members whose Article IV consultations with the International Monetary Fund (IMF) are delayed, on March 14, 2025 the Executive Board was briefed by staff on ...

The IMF Executive Board completed the fifth review under the Extended Credit Facility (ECF) Arrangement for Nepal, providing the country with access ...

A selection of the stories that caught our eye over the last seven days in Argentina.

South Africa ranks last among 49 countries in the IMF's ease of doing business index, highlighting excessive regulation and ...

The IMF Executive Board completed the fifth review under the Extended Credit Facility (ECF) Arrangement for Nepal, providing the country with access to SDR 31.4 million (about US$ 41.8 million).