Search For "imf"
Pakistan power regulatory body hikes power tariff by 20 pc
Updated : 1 year, 9 months ago IST
The new tariff of PKR 5.72 per unit will take effect on July 1. This adjustment is expected to generate an additional PKR 485 billion in revenue for Discos, bolstering the government's position in securing an IMF bailout slated for July.
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Pak: Imran Khan's party terms PML-N govt's federal budget "poisonous"
Updated : 1 year, 9 months ago IST
The party, making a sharp attack at the Pakistan Muslim League-Nawaz (PML-N)-led government, termed the Finance Bill 2025 presented by it in the National Assembly as a "poisonous budget" and a "bundle of contradictions", according to Geo News.
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Privatisation of SriLankan Airlines is part of IMF program, says CEO Richa
Updated : 1 year, 9 months ago IST
SriLankan Airline CEO Richard Nuttall said that the government is on its way to privatise several state-owned enterprises as part of the International Monetary Fund (IMF) program and one of those is the flag carrier of the island nation.
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Pakistan: Upcoming budget could further worsen situation for general publi
Updated : 1 year, 9 months ago IST
Amid rising inflation and debt, the Pakistani economy continues to be majorly dependent upon relief packages from international lending organizations like the IMF.
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Financial stability challenges need to be discussed, IMF MD echoed RBI's D
Updated : 1 year, 9 months ago IST
Georgieva, while welcoming the participants of the 23rd annual conference, invoked the need to supervise the dynamic financial sector. "Changes are being driven by many factors--from economic developments to geopolitics to climate--and by the force of ever-accelerating technological advancem
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Projected recovery in global economy will boost India's growth; FY24 GDP l
Updated : 1 year, 9 months ago IST
Despite the challenges faced by the global economy, including geopolitical tensions and extreme weather events, global growth remains resilient, supported by easing inflationary pressures and strong employment conditions.
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UK recovering faster than expected after slipping into technical recession
Updated : 1 year, 10 months ago IST
With growth recovering faster than expected, the UK economy is approaching a soft landing, following a mild technical recession in 2023, said the International Monetary Fund (IMF).
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India to emerge as an economic superpower amid impending global economic l
Updated : 1 year, 10 months ago IST
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth this year. Escalation of the recent conflict in the Middle East, financial stress, persistent inflation and slowdown in international trade are downside risks for the global growth.
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IMF calls for energy sector reforms in Pakistan as discussions conclude
Updated : 1 year, 10 months ago IST
In a statement, the IMF disclosed that discussions with Pakistani authorities were successfully concluded on Thursday, marking the culmination of deliberations initiated by an IMF team led by mission chief Nathan Porter upon their arrival in Pakistan on May 13.
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Pakistan to complete prior actions through parliamentary nod by Jun 30 for
Updated : 1 year, 10 months ago IST
Pakistan and IMF have reached a broad understanding on action points, their timelines and backup plans that the government would comply with through parliamentary sanction of budgetary measures and related legislation in the Finance Bill 2024-25.
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India to emerge as an economic superpower amid looming global economic lan
Updated : 1 year, 10 months ago IST
The digital revolution in India is another sector where the country has taken the lead, many countries have adopted India's UPI for financial transactions
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IMF asks Pakistan to 'impose' tax on monthly pensions, says 'new bailout p
Updated : 1 year, 10 months ago IST
The International Monetary Fund (IMF) mission has asked the Pakistani authorities to impose a tax on monthly pensions exceeding Rs 100,000, reported ARY News, citing sources.
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