The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.
The United Nations upwardly raised India's economic growth projections for 2024 from 6.2 per cent to 6.9 per cent mainly driven by strong public investment and resilient private consumption, joining IMF that recently upped the country's growth forecast.
Finance Minister Nirmala Sitharaman asked for a greater push to manufacturing sector. Speaking at the CII Annual Business Summit 2024 in Delhi on Friday, Sitharaman said many suggest India has bigger opportunity in services but we can't ignore manufacturing and it must be pushed with greater
Asia remains the engine of economic growth and it is on track to deliver 60 per cent of global growth this year, said IMF Deputy Managing Director Okamura.
Nathan Porter, head of the IMF's Mission to Pakistan, leads the mission team engaging with the Pakistani delegation led by Finance Minister Muhammad Aurangzeb.
Power plants are increasingly turning to long-term coal imports, taking advantage of a market with ample liquidity and availability. This shift came after the National Electric Power Regulatory Authority (NEPRA) streamlined spot imports through procurement guidelines, leading to a significan
The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP), the independent candidates backed by Pakistan Tehreek-e-Insaf (PTI) received more votes than other political groups in the general elections held
The International Monetary Fund (IMF) mission is expected to meet Pakistan authorities next week to further discuss the "next phase of engagement", Dawn reported citing, an official from the global lender.
The International Monetary Fund (IMF) has urged Pakistan to bring "strong cost-side reforms" to restore the viability of the country's energy sector, reported ARY News.
An International Monetary Fund (IMF) team arrived in Pakistan on Friday, to hold talks as they requested a longer and larger size of bailout package under the Extended Fund Facility (EFF), reported Geo News.