imf bailouts Archives

Explained: What does IMF’s .4 billion package mean for Pakistan?

Explained: What does IMF’s $2.4 billion package mean for Pakistan?

Topnewsplus3 hours ago03 mins

Putting fears of a raging war to rest – as both India and Pakistan have announced a full and immediate ceasefire following Operation Sindoor in the aftermath of the Pahalgam attack by Pakistan, here’s in brief what the latest IMF’s $2.4 billion package mean for Pakistan International Monetary Fund (IMF) amidst the India-Pakistan war on…

What are IMF bailouts? How do they work?

Topnewsplus7 hours ago05 mins

IMF bailouts are funds and finances extended to nations in crisis by the International Monetary Fund (IMF). Detailing a bit about the IMF, its website says that it is a global organization that works to achieve sustainable growth and prosperity for all of its 191 member countries. It does so by supporting economic policies that…