Finance ministers and delegations from various countries, including Ukraine, Greece, and Finland, are attending the International Monetary Fund and World Bank Spring Meetings in Washington. The discussions are focused on global economic stability, funding, and ongoing reforms.
A former Finance Minister of Sri Lanka has publicly criticized the Central Bank's regulatory oversight, following a significant fraud incident at the National Development Bank (NDB).
Maria Karystianou has accused H. Sevastidis of complicity in a cover-up ahead of the Tempi trial, while the Greek Finance Minister has announced that the state will not challenge court damages related to the Tempe train tragedy.
An International Monetary Fund (IMF) mission has started technical-level discussions with the State Bank of Pakistan in Karachi for the third review of the $7 billion Extended Financing Facility.
Pakistan's finance minister stated the country is committed to repaying a $3 billion loan from the UAE and is exploring all options to either replace the funding or manage the repayment. The government is also considering establishing a strategic fuel reserve.
Pakistan's Finance Minister is soliciting input for the upcoming national budget, with various chambers proposing measures such as lower policy rates, the abolition of Section 7E, and enhanced regional linkages.
Representatives from Pakistan’s fan industry met with the finance minister to seek policy interventions aimed at reducing raw material exports, promoting value addition, and encouraging energy-efficient fan production.
Pakistan's Finance Minister Aurangzeb announced a targeted relief package for deserving segments, including the government absorbing a Rs69 billion burden on petroleum products to minimize public impact.
Serbia's public debt reached 39 billion euros at the end of January, accounting for 41.3 percent of the gross domestic product, according to the Finance Ministry.