report in ECONOMYNEXT, Mar 27, 2023– A swap with the People Bank of China is to be extended for another three years from 2024, according to documents released with the approval of a deal with the International Monetary Fund. “…[T]he PBoC has indicated that it will consider renewing its swap arrangement with the CBSL in 2024 for another three years, if there is no significant situation change,” according to program documents. According to projections in…
Posts tagged as “international”
By Mohammad Farshad Daryosh in TOLOnews, March 25,2023 at 7:49 PMThe Islamic Emirate spokesperson said that “some countries that failed in Afghanistan” over the past 20 years are preventing the current Afghan government from interacting with the international community. The Islamic Emirate spokesman Zabihullah Mujahid said a number of countries are still eager to interact with the current Afghan government. “The countries that failed in Afghanistan, and the countries that shamefully left, they did not…
By Nisthar Cassim in Daily FT, Mar 22, 2023The International Monetary Fund (IMF) on Monday described Sri Lanka’s recent past strategy as a “brutal experiment” and dismissed the notion that the multilateral donor agency was the force behind tough austerity measures. “We understand the hardships faced by the people. It is due to the crisis and the IMF is there to lesson a bit but the adjustment will be a harsh one,” Breuer said responding…
Report in The Guardian, Mar 21, 2023The International Monetary Fund has approved Sri Lanka’s request for a $2.9bn bailout, raising hopes for an easing of its economic crisis. The IMF’s board confirmed it had signed off on the loan, clearing the way for the release of funds and kicking off a four-year programme designed to shore up the economy. The IMF managing director, Kristalina Georgieva, warned that Colombo must continue pursuing tax reform and greater…
By Mohammad Farshad Daryosh in TOLOnews Online, March 20,2023 at 8:29 PMAt the turn of the solar year, no country has officially recognized the interim government of the Islamic Emirate, however, its diplomats have been sent to some consulates and embassies of regional countries. The Afghanistan consulate in Istanbul and the Afghan embassy in Tehran were handed over to the Islamic Emirate. “The leadership of the Ministry of Foreign Affairs decided to send a team…
by Prithvi Man Shrestha in The Kathmandu Post, March 17, 2023The International Monetary Fund (IMF) has asked Nepal Rastra Bank to have some of the country’s largest commercial banks audited by international auditing firms as it is suspicious about the quality of loans provided by them, a senior central bank official said. Representatives of the IMF’s Article IV mission called for the audit to bring clarity about the state of the asset quality during a…
By Banafsha Binesh in ToloNews, Mar 8, 2023 at 7:35 PMWomen held a protest in Kabul on International Women’s Day, calling for women’s access to education and work. The protestors called for the removal of restrictions imposed women in Afghanistan. “It is March 8 but women in Afghanistan have no rights to celebrate this day. We are the women who are imprisoned in the country. The restrictions are worsened day-by-day,” said Jolia Parsa, a member…
by Nizamuddin Rezahi in Khaama Press, Mar 6, 2023Amnesty International on Sunday asked the United Nations Human Right Council to create an independent fact-finding mechanism to investigate the violations and abuses committed by the caretaker regime in Afghanistan. To support the victims, the evidence against human rights violations must be gathered, and provided at the international level, according to Amnesty International. Amnesty International, in its statement, has highlighted killings, arbitrary detentions, and violations against ordinary…
report in Daily Mirror online, Mar 2, 2023Premier Li Keqiang told the head of the International Monetary Fund that China is open to participating in multilateral efforts to help heavily indebted nations “in a constructive manner,” China Central Television reported. “China is willing to take part in resolving relevant countries’ debt issues,” Li said in a phone call Wednesday with IMF Managing Director Kristalina Georgieva, according to CCTV. “China maintains that all sides should take…
By Nizamuddin Rezahi in Khaama Press,Feb23, 2023The government of Turkiye plans to hand over the Consulate General of Afghanistan in Istanbul to the Taliban diplomats, according to Afghanistan International. It is also stated that the employees of the Afghan Consulate in Istanbul were told to prepare for the handover of the diplomatic mission to the Taliban officials, according to official sources. It is believed that the Taliban have introduced Gul Mohammad Zadran as the group’s…
report in The Morning, Feb 21, 2023Marking the sixth anniversary of the struggle of the relatives of missing persons, on the 2,190th day, a massive protest involving more than a hundred relatives was held yesterday (20) in Kilinochchi, during which Association for Relatives of Enforced Disappearances President Yogarasa Kanagaranjani urged the international community to identify those responsible for the enforced disappearances of their loved ones by producing them before the International Criminal Court (ICC). Addressing…