Search For "imf"
PM Modi and other G20 leaders pose for a family photo at Summit
Updated : 1 year, 4 months ago IST
Prime Minister Narendra Modi along with G20 leaders gather for a family photo at the 19th G20 Summit in Rio de Janeiro on Tuesday.
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Pakistan seeks Saudi, Chinese support to bridge USD 5 billion funding gap
Updated : 1 year, 4 months ago IST
Pakistan is relying on assurances from Saudi Arabia and China to address a USD 5 billion external financing gap, with hopes of securing a debt rescheduling agreement with China and deferred oil payments from Saudi Arabia, despite initial delays, the Express Tribune reported on Thursday. Read More
Pakistan faces IMF scrutiny as bailout program reviews may shift to quarte
Updated : 1 year, 4 months ago IST
The International Monetary Fund (IMF) is considering a return to a quarterly review process for Pakistan's USD 7 billion bailout package, following some initial setbacks. However, Pakistani officials have stated that no final decision has been made yet.
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IMF raises concerns on Pakistan again, flags solarisation, power demand ch
Updated : 1 year, 4 months ago IST
The IMF has raised concerns over Pakistan's declining electricity demand due to rising solar panel installations and surplus imported gas caused by weak economic demand. During talks on Pakistan's USD 7 billion bailout, the IMF highlighted the need for better strategies to manage these chall
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IMF to begin review Egypt's loan programme on Tuesday
Updated : 1 year, 4 months ago IST
Egyptian Prime Minister Mostafa Madbouly announced on Sunday that the International Monetary Fund's (IMF) fourth review of Egypt's loan programme is scheduled for Tuesday.
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Strengthening BRICS: Russian Foreign Minister Sergey Lavrov on the Summit'
Updated : 1 year, 4 months ago IST
In a comprehensive overview, Russian Foreign Minister Sergey Lavrov reflects on the recent BRICS summit in Kazan and the organisation's growing influence. Lavrov emphasises the importance of expanding the group to include new members and establishing a category for partner countries. He h
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IMF calls on Pakistan to implement mini-budget to address revenue gap foll
Updated : 1 year, 4 months ago IST
The International Monetary Fund (IMF) has called on Pakistan to introduce a mini-budget after the nation's Federal Board of Revenue (FBR) failed to meet its tax collection targets, as reported by ARY News, citing sources on Saturday.
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IMF expects Austrian economy to improve by 1.1% in 2025
Updated : 1 year, 4 months ago IST
The International Monetary Fund (IMF) has forecasted an improvement in Austria's economy next year, with real GDP growth projected at 1.1 per cent compared to the current economic situation.
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IMF's Gita Gopinath praises 'Om Jai Jagdeesh Hare' played at White House D
Updated : 1 year, 4 months ago IST
In the video posted by Gopinath on X, the White House was beautifully adorned with marigold flowers, and many guests were seen wearing traditional Indian attire.
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Pakistan's 7 billion USD bailout deal with IMF in doldrums
Updated : 1 year, 4 months ago IST
The key assumptions used to finalise Pakistan's USD 7 billion deal with the International Monetary Fund (IMF) has gone haywire within a month of its approval, leaving the authorities concerned with an option either to renegotiate the package or keep suffocating the economy through more taxes
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OPEC Fund enhances global partnerships with substantial financing commitme
Updated : 1 year, 4 months ago IST
At the 2024 World Bank-IMF Annual Meetings, the OPEC Fund for International Development announced nearly half a billion dollars in financing commitments to partner countries, aligning with global development goals in energy, climate resilience, and socio-economic advancement.
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Pakistan requests additional USD 1.4 billion loan from China amid ongoing
Updated : 1 year, 4 months ago IST
In a bid to tackle persistent external financing issues, Pakistan has formally requested an additional loan of 10 billion yuan (USD 1.4 billion) from China. This appeal comes amidst ongoing fiscal pressures and follows the utilisation of an existing trade finance facility.
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