Lebanon’s already troubling economy is facing a debt burden, as currently facing a March 9 deadline that requires Lebanon to pay $1.2 billion in Eurobonds.

Lebanon reportedly plans to ask for a 7-day grace period for a 1.2 billion-dollar Eurobond due on March 9.

Lebanon reportedly approves asset management company Lazard to restructure the country’s debts, in an attempt to alleviate its deepening economic crisis.

A team of experts from the International Monetary Fund (IMF) travels to Lebanon to provide the debt-ridden country with advice on how to alleviate a deepening economic crisis.

The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow.

Thousands of people protest in Argentina against their government’s dealings with the International Monetary Fund (IMF), as Buenos Aires opens week-long talks with the US-based organization in an attempt to seek relief from its foreign debt burden.

Thousands of protesters descended on Buenos Aires on Wednesday to demonstrate against the International Monetary Fund (IMF) amid a scheduled meeting with the Argentine government.

Egypt is to cut the prices of subsidized food staples from next month.

Thousands of people have taken to the streets of Buenos Aires to protest the austerity measures.

Pakistan has been hit by a nationwide strike by traders and business people.