An International Monetary Fund (IMF) mission is set to visit Pakistan this month regarding a new loan program and to discuss policies and reforms, reported Samaa TV.
Prominent members of the Sikh community from 20 states attended the All India Sikh Conclave, organised by the Indian Minorities Foundation (IMF), at the Constitution Club in New Delhi on Sunday on the theme 'Role of the Sikh community in nation-building and progress'.
The State Bank of Pakistan (SBP) has received around USD 1.1 billion from the International Monetary Fund (IMF), a day after the global lender approved the last tranche of Pakistan under the USD 3 billion Stand-By Arrangement (SBA).
Economic growth in the Asia Pacific region is better than previously projected but is expected to slow from 5 per cent in 2023 to 4.5 per cent in 2024, according to IMF's Regional Economic Outlook for Asia and Pacific.
This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave off a sovereign default, particularly as the existing arrangement is set to expire this month.
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.
In contrast to a cautious assessment of the global scenario, the Indian economy continues to exhibit strong economic performance with broad-based growth across sectors, the Ministry of Finance asserted.
"Within six years, India has achieved an 80 per cent financial inclusion rate, a feat that would have taken decades without such digital infrastructure," said Permanent Representative to the United Nations, Ruchira Kamboj.
Amidst expressions of appreciation for the government's recent strides, concerns over political instability loomed large during the hour-long meeting at the CM House in Karachi
Al Hussaini emphasised the significance of the topics being discussed during the 2024 Spring Meetings, and their role in promoting dialogue among stakeholders.
India is on a sustained growth path driven by consumption and public investments, India's economic performance stands out against a backdrop of global uncertainties said Krishna Srinivasan IMF Director, Asia and Pacific Department in an Exclusive interview to ANI. "Growth at 6.8% in 2024-