The growth in emerging markets and developing economies is still expected to pick-up with year-on-year growth expected to accelerate from 3.1 percent in 2022 to 4.1 percent this year and the next.
IMF’s Chief Economist and Director Pierre-Olivier Gourinchas has said restrictions imposed by India on exports of certain varieties of rice are likely to exacerbate volatility on food prices in the rest of the world.
The International Monetary Fund has predicted that India's economy will grow at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger dom
Total revenues included AED63.5 billion of tax revenues, AED3.9 billion of revenues from social contributions, and AED48.2 billion of other revenues from property income, sales of goods and services, fines and penalties, and transfers not elsewhere classified
Pakistan's Army Chief Syed Asim Munir underlined the need to make the country self-reliant to end the dependency on foreign loans, which recently the cash-strapped nation secured with the International Monetary Fund (IMF).
Even though Pakistan has been able to secure an International Monetary Fund (IMF) bailout, the road ahead is not going to be easy, as after electricity rates, Islamabad is planning to jack up gas prices as well by over 45 per cent in line with IMF's demand
“We support the arrangement. It provides a breathing space” to Pakistan, Horst said in a conversation with Washington-based Pakistani journalists on Friday.
According to official information made accessible to The News, Pakistan must pay back the Kingdom of Saudi Arabia USD 195 million for the current month. According to The News International, Pakistan is required to repay China around USD 363 million in guaranteed bilateral loans, including
According to the proposal, the government recommended an increase of PKR 3 per unit for the non-protected residential consumers using 1 to 100 units which will take the current per unit cost from PKR 13.48/unit to 16.48/unit. Similarly, for the residential consumers using above 700 units, th
The Islamabad airport would be outsourced for 15 years to improve its ‘operational activities’, Pakistan Minister for Aviation, Khawaja Saad Rafique said in the National Assembly, Geo News reported on Friday.