An International Monetary Fund (IMF) team conducted a staff visit to Bangladesh's capital city Dhaka from April 25 to May 7, 2023, to discuss recent macroeconomic developments and implementation of its program.
Pakistan will need another IMF programme once this one ends. For that, Islamabad needs to bridge the trust gap with the lender, Dawn reported. Despite assistance from the UAE, Saudi Arabia and China, the financing gap of up to USD 2bn remains. Further, the IMF seems averse to combining the r
Calling SCO a platform of mutual understanding and security, Pakistan Foreign Minister Bilawal Bhutto Zardari on Friday said that the potential of peace can be unlocked when great powers play the role of peacemakers, as he addressed the SCO-CFM meet in Goa.
India's manufacturing industry is taking giant strides; the IT services are dubbed the best in the world; the country is fast emerging as one of the most attractive investment destinations on the planet, and her thriving service sector is witnessing unprecedented demand.
Amidst very high inflation and extremely low forex reserves, the International Monetary Fund (IMF) bailout plan for Pakistan looks dicey, unless the country makes a strong case for debt sustainability, reported Daily Times.
The IMF report said that India and China, the two largest emerging market economies of the Asia-Pacific are expected to contribute around half of global growth this year, with the rest of Asia and Pacific contributing an additional fifth.
A few days back, IMF released its much-awaited World Economic Outlook report 'A Rocky Recovery' which had predicted that India would grow 5.9 per cent this year.
The Pak army and military establishment have failed to maintain neutrality among the political parties and always try to become a king-maker by lodging and un-lodging political leaders from the seat of power. The military establishment often hatches conspiracy against the governments which l
According to the ADB Annual Report 2022, released on Monday, out of total disbursement of over USD 31.8 billion to 40 countries, Pakistan received loans of USD 5.58 billion.
In its flagship World Economic Outlook report, the International Monetary Fund (IMF) projected that India would be the fastest-growing economy in the world, despite confronting considerable challenges such as financial sector turmoil, inflationary pressures, effects of the Russia-Ukraine
At the launch of IMF book on India's Financial System, Antoinette M Sayeh said, "The country has impressed the world in fostering financial inclusion through its public digital infrastructure. Just a decade ago, local shops were filled with people buying and selling goods with cash. Today, f