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| KARACHI |
Pakistan hopes to receive the last tranche of a 596 million dollar standby facility from the International Monetary Fundnext month following talks with an IMF team this week, officials said Monday.
"The IMF board will give its approval for the release of the fourth and final instalment of the SBA (standby arrangement) in September," a finance ministry official said.
But to fully stabilise its battered economy Pakistan is hoping for a much larger long-term package from international agencies, officials and analysts said.
A five-member IMF team is currently holding talks in Islamabad ahead of the release of the last 130 million dollars of the standby facility, which was agreed in November.
The deal broke a two-year ... |
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| VANCOUVER, British Columbia |
Hundreds of anti-globalization activists gathered here this week for the 2001 Civicus Assembly met Thursday with a top official of the World Bank, one of the agencies most widely condemned by the militants.
Mats Karlsson, the vice president for external affairs and the United Nations, was the sole agency official to respond to the invitation from assembly organizers, ... |
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| BANGKOK |
(CNN) -- One of the FBI's 10 most-wanted fugitives, an alleged pedophile, was arrested in Bangkok Tuesday, a United States embassy official has confirmed.
Eric Franklin Rosser, 49, a professional jazz and concert pianist, was ... |
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| WASHINGTON |
| Diplomats from the U.S., Germany and Australia have been denied extended visas and are preparing to leave Afghanistan without having seen eight Western aid workers being held on charges of proselytizing, the State Department has said. ... |
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| KAMPALA |
Rich countries should pay taxes on profits their companies earn from operations in poor countries, Malaysian Prime Minister Mahathir Mohamad said at an international investment conference here.
"I think it is only fair that ... |
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| COLOMBO |
Sri Lanka announced Tuesday it would seek international loans as the government admitted a sharp economic slowdown following the Tamil rebel attack against the country's only international airport.
Treasury Secretary P.B. ... |
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| NEW DELHI |
A mother poisoned to death her five children and then committed suicide Thursday to escape a life of dometic violence and poverty in the eastern Indian state of Bihar, a report said.
The Press Trust of India said the police have sent all the bodies for post mortem after the tragedy in the district of Muzaffarpur.
There were no details given about the whereabouts of the woman's husband. |
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| MONTREAL |
About eight percent of Canadians, just under 2.5 million people, were forced to limit the quality or quantity of their diet at least once in 1998-99 because of poverty, Statistics Canada reported.
In a survey released Wednesday, ... |
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