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Finance Minister Dr Mohammed Amin Adam has disclosed that the bilateral creditors, through the Official Creditor Committee, have distributed the...
The Kenyan shilling has continued its slump against major world currencies which has boosted customers that hold cash in foreign currency in banks.
Sri Lanka's Parliament approved the USD 3 billion IMF bailout package to revive the economy hit hard by economic and humanitarian crises, triggering public protests. The article discusses the parliamentary debate and approval, President Wickremesinghe's remarks, debt restructuring, and the program's access to financing from IMF and other organizations.