Former German President Horst Kohler passed away at the age of 81 in Berlin after a brief but serious illness, the office of current German President Frank-Walter Steinmeier said in a statement on Saturday.
The IMF retained its growth rate projects for India in its latest World Economic Outlook (WEO) and expects India to grow at 7 per centi n the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26).
As the country continues to battle a crippling economy, Pakistan Prime Minister Shehbaz Sharif discussed the new bailout package with the International Monetary Fund (IMF) chief Georgieva on the sidelines of the World Economic Forum Special Meeting in Riyadh, Geo News reported.
IMF chief Kristalina Georgieva raised concerns over the potential deepening of inequality and urged governments to take proactive measures in a Sunday blog post.
International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Wednesday said the agreement for the release of the second tranche, amounting to USD 3 billion under the Standby Arrangement (SBA) with Pakistan is expected this week, Dawn reported.
Taking to X, the Pakistan interim prime minister said that during the meeting, they emphasized extending their mutual commitment towards bolstering economic stability and growth in Pakistan.
From Japanese PM Fumio Kishida's wife Yuko Kishida to IMF chief Kristalina Georgieva, several top foreign dignitaries donned traditional Indian ensembles at the G-20 Dinner hosted by President Droupadi Murmu on Saturday night.
“While this progress is important and welcome, the debt restructuring process still needs to be speedier and more effective. The costs of delays in reaching an agreement on needed debt treatments are borne acutely by borrower countries and their people, who are least able to bear th
The 2023 Spring Meetings will be held in Washington, D.C., from April 10-16 under the theme "The Way Forward: Building Resilience and Reshaping Development''.
The International Monetary Fund (IMF) has said the global economy is estimated to grow less than 3 per cent in 2023, with India and China expected to account for half of global growth during the year.
Kristalina Georgieva urged for a strong push for regulation and added, "if regulation fails, if you're slow to do it, then we should not take off the table or banning those assets, because they may create financial stability risk..."