Pakistan Secures $3 Billion Loan from IMF to Avert Default

Pakistan Secures $3 Billion Loan from IMF to Avert Default

Kristalina Georgieva and Shehbaz Sharif Last week the Pakistani Prime Minister met with the Managing Director of the IMF – now the agreement has followed. (Photo: via REUTERS) Lahore Pakistan averted default at the last minute. The government agreed on Friday with the International Monetary Fund (IMF) on a new loan of three billion dollars. … Read more

Great! Not only to China, this is the result of Jokowi paying RI’s debt

Jakarta, CNBC Indonesia – The Indonesian government has a foreign debt (ULN) in May 2022 of US$ 406.3 billion. However, this number decreased compared to April which was US$ 410.1 billion. The decline in debt was caused by a decrease in the external debt position of the public sector (Government and Central Bank) and the … Read more

Threatened to be like Sri Lanka, these 4 Asian countries are on the verge of the worst economic crisis – Head of the International Monetary Fund (IMF) warns other countries in Asia are at the same risk Sri Lankawhich faces economy Crysis worst and sparked massive protests that led to the overthrow of its president. “Countries with high debt levels and limited policy space will face additional pressure. Look at Sri Lanka as … Read more

Paid by Jokowi, Indonesia’s Debt to China Shrinks to this amount

Jakarta, CNBC Indonesia – Indonesia’s government debt to foreign countries or external debt is reported to have decreased. This is revealed from data presented by Bank Indonesia, Friday (15/7/2022). Bank Indonesia (BI) reported that May’s external debt fell by US$ 3.8 billion from the previous month to US$ 406.3 billion or around Rp. 6,094 trillion … Read more

US Dollar Rage Again, Beware of Swelling RI’s Foreign Debt!

Jakarta – Dollar AS getting crazier. Many of the country’s currencies were under pressure from Uncle Sam’s money, including the rupiah which had weakened when the US dollar reached Rp. 15,000. If dollar AS stronger, what impact will the community have? CELIOS Director Bhima Yudhistira Adhinegara revealed that the actual impact that would be felt … Read more

Russia defaults on debt for the first time since 1998

loading… President Vladimir Putin. Russia defaulted on its foreign debt for the first time since 1998. Photo/REUTERS MOSCOW – Russia has failed to pay foreign debt for the first time since 1998. It came after the country missed a Sunday deadline to make $100 million in interest payments. Russia does have the money and is … Read more

Indonesia’s Foreign Debt Drops to IDR 5,935 Trillion in the Fourth Quarter of 2021

JAKARTA, – Bank Indonesia (BI) recorded the position of foreign debt Indonesia’s external debt has decreased in the fourth quarter of 2021, either on a quarterly or annual basis. Indonesia’s external debt position at the end of the fourth quarter of 2021 was recorded at 415.1 billion US dollars, equivalent to Rp. 5,935 trillion … Read more