Will Saudi Arabia bail out Pakistan?
In 2018, Pakistan started facing a balance of payments crisis due to a large current account deficit. The forex reserves held by State Bank of Pakistan reached $9.88B in September 2018 and kept reducing...
Tagged: Bailout
As Greece emerges from bailout, what you need to know
Greece officially emerges from the eurozone’s record bailout today, after almost a decade of rescue packages, austerity and public spats with its lenders. The European Union, the European Central Bank and the International Monetary...
Economic Monitoring to Continue: Greece exits final bailout
After multiple years of debt crisis, Greece has successfully finished their final leg of the three-year instalment driven bailout program, finally being able to regain a fair deal of control over their finances, which...
