The International Monetary Fund (IMF) has revised Pakistan's foreign loan requirement to USD 25 billion for this fiscal year, reducing it by USD 3.4 billion, The Express Tribune newspaper reported, adding that it also lowered Pakistan's economic growth projection to just 2 per cent.
While lauding the International Monetary Fund’s (IMF’s) economic prediction for India from this year, NK Singh, Chairman of 15th Finance Commission of India has said that the projection will “continue to grow further.”
"The meeting of the House of Representatives and the National Assembly has been called to be held at 4 pm on May 7, 2023," a release from the Office of the President states. Earlier, the Parliament session ended on April 28.
Pointing to India having zero risk of recession compared to some major Western countries and to its growth projections, Zerodha founder Nikhil Kamath has said that Indians who have graduated from well-known colleges in the United States and are considering starting a venture, all indicati
The Economic Survey document said the growth projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the IMF, the Asian Development Bank and the Reserve Bank of India.
The World Bank's revision of Indian GDP growth projections from 6.4 per cent to 6.9 per cent in the current fiscal year is one among the many affirmations Indian policies and reforms have received in recent times.
Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account deficits, has further worsened by severe flooding.
Islamabad [Pakistan], October 8 (ANI): The World Bank has estimated that Pakistan's GDP growth will slow down from 5 per cent in the fiscal year 2022 to around 2 per cent in the fiscal year 2023 following one of the most devastating floods in the country's history.
Beijing [China], September 29 (ANI): The World Bank on Tuesday slashed China's 2022 economic growth projection to 2.8 per cent, pointing to Beijing's "zero-COVID" policy and housing market crisis.
New Delhi [India], September 21 (ANI) The Asian Development Bank (ADB) lowered India's GDP growth projection for the year 2022-23 to 7 per cent from the earlier 7.2 per cent based on higher-than-expected inflation and monetary tightening.
New Delhi [India], July 22 (ANI): The Asian Development Bank has reduced India's Gross Domestic Product estimate for the current financial year 2022-23 to 7.2 per cent from its earlier projection of 7.5 per cent, citing higher-than-expected inflation will erode consumers' purchasing power.