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World Bank readies Sri Lanka aid package, IMF calls loan talks ‘fruitful’

World Bank readies Sri Lanka aid package, IMF calls loan talks ‘fruitful’

2/2 © Reuters. FILE PHOTO – Demonstrators shout slogans against Sri Lanka’s President Gotabaya Rajapaksa, near the Presidential Secretariat, amid the country’s economic crisis, in Colombo, Sri Lanka, April 23, 2022. REUTERS/Navesh Chitrakar 2/2 By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Saturday it held “fruitful technical discussions” with Sri Lanka…

Argentina will not modify $45 billion debt with IMF -finance minister

Argentina will not modify $45 billion debt with IMF -finance minister

© Reuters. FILE PHOTO – Demonstrators sit near the National Congress as the senate debates the government’s agreement with the International Monetary Fund (IMF), in Buenos Aires, Argentina March 17, 2022. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Argentine economy minister Martin Guzman said late on Friday that a $45 billion debt deal with the International…

India wants to be friends with West but needs Russian help to defend borders, says Finance Minister -Bloomberg

India wants to be friends with West but needs Russian help to defend borders, says Finance Minister -Bloomberg

© Reuters. FILE PHOTO – India’s Finance Minister Nirmala Sitharaman holds up a folder with the Government of India’s logo as she leaves her office to present the federal budget in the parliament in New Delhi, India, February 1, 2022. REUTERS/Anushree Fadnavis MUMBAI (Reuters) – India wants to be strong friends with the “liberal world”…

Indonesia’s Indrawati, former World Bank COO, joins chorus calling for reforms at World Bank

Indonesia’s Indrawati, former World Bank COO, joins chorus calling for reforms at World Bank

2/2 © Reuters. Indonesian Finance Minister Sri Mulyani Indrawati answers questions during an interview at the World Bank in Washington, U.S., April 22, 2022. REUTERS/Evelyn Hockstein 2/2 By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Indonesian Finance Minister Sri Mulyani Indrawati on Friday joined a growing chorus of officials calling for reforms aimed at…

Colombia presidential candidates agree need for pension reform

Colombia presidential candidates agree need for pension reform

3/3 © Reuters. FILE PHOTO: Colombian presidential candidate Gustavo Petro arrives at a meeting of members of the Historical Pact coalition to define the vice-presidential formula, in Bogota, Colombia, March 22, 2022. REUTERS/Luisa Gonzalez/File Photo 2/3 By Nelson Bocanegra CARTAGENA (Reuters) – Candidates most likely to win Colombia’s presidential elections on Friday agreed for the…

As dominant creditor, China must ‘step up’ on debt restructuring, Indonesia’s Indrawati says

As dominant creditor, China must ‘step up’ on debt restructuring, Indonesia’s Indrawati says

© Reuters. Indonesian Finance Minister Sri Mulyani Indrawati answers questions during an interview at the World Bank in Washington, U.S., April 22, 2022. REUTERS/Evelyn Hockstein By Andrea Shalal and David Lawder WASHINGTON (Reuters) – As the world’s dominant creditor, China must demonstrate leadership in addressing the growing debt problem facing many low-income and emerging market…