Tag Archives: International Monetary Fund

CAIRO (AP) — The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country’s economy which is hit by a staggering shortage of foreign currency and soaring inflation. In a statement late Friday, the board …

ISLAMABAD (AP) — Pakistan’s imprisoned former Prime Minister Imran Khan is writing a letter to the International Monetary Fund urging it to link any talks with Islamabad to an audit of the country’s recent election, which his party alleges was rigged, an official from his party said Friday. Senator Ali Zafar, a top leader from Khan’s Pakistan Tehreek-e-Insaf party, or …