Search For "imf"
PM Modi's idea of 'Sadbhawana' finds way to global stage
Updated : 2 years, 11 months ago IST
Taking forward Prime Minister Narendra Modi's idea of 'Sadbhawna' (world peace) across the world, the NID Foundation New Delhi came together with Indian Minorities Foundation (IMF) and Namdhari Sikh Society to jointly organize an event in Melbourne, Australia.
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Pakistan govt borrows PKR 239 billion credit from State Bank of Pakistan:
Updated : 2 years, 11 months ago IST
According to the State Bank of Pakistan Act amended in 2022 on the dictation of the International Monetary Fund (IMF), government borrowing from the central bank is banned.
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New Saudi Arabia reluctant to spend on unstable countries like Pakistan
Updated : 2 years, 11 months ago IST
Even if Pakistan wins Saudi Arabian support for the resumption of its IMF programme, it will only be a temporary respite. The truth is that Pakistan will not be able to secure any major package of economic support from Saudi Arabia today or in the foreseeable future because the model for suc
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Pakistan: IMF restraints hopes of early deal, foreign banks reluctant due
Updated : 2 years, 11 months ago IST
In a statement, Nathan Porter, IMF Mission Chief to Pakistan, said that the IMF "looks forward to obtaining the necessary financing assurances as soon as possible to pave the way for the successful completion of the 9th Extended Fund Facility (EFF) review".
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World Bank suggests Pakistan end subsidies amid "dangerous" fiscal deficit
Updated : 2 years, 11 months ago IST
To improve Pakistan's economy, the World Bank, in its review report, has recommended several suggestions to the country to counter the problem -- starting with the end of subsidies.
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UAE participates in MENAP Finance Ministers and Central Bank Governors Mee
Updated : 2 years, 11 months ago IST
The meeting was held on the sidelines of the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, DC from 10th to 16th April, and discussed key strategic issues and economic growth in the region, in addition to future prospects and fisca
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Amid reeling economic crisis, Pak govt hikes petrol price for next 15 days
Updated : 2 years, 11 months ago IST
Ishaq Dar, the finance minister, revealed on Saturday that the federal government has decided to raise the cost of petrol by Rs 10 per litre for the ensuing 15 days, Geo News reported.
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"IMF has no excuse to delay loan, country was not created to act like begg
Updated : 2 years, 11 months ago IST
Shehbaz Sharif also expressed his gratitude to Saudi Arabia and the United Arab Emirates. The UAE had committed a loan of USD 3 billion. He lauded the efforts of Foreign Minister Bilawal Bhutto, Finance Minister Ishaq Dar and Chief of the Army Staff Asim Munir for making efforts in this r
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IMF seeks more Pak assurances before releasing bailout package
Updated : 2 years, 11 months ago IST
The International Monetary Fund (IMF) has "welcomed" Pakistan's confirmation of having secured crucial bilateral support from key partners and said it looked forward to receiving further "financing assurances as soon as possible", which would help conclude the much-delayed ninth review of a
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UAE participates in International Monetary and Financial Committee meeting
Updated : 2 years, 11 months ago IST
The meeting discussed the latest developments in the international monetary and financial system, and ways to achieve stability and global economic recovery.
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New UNESCO report reveals USD 97bn barrier to reaching education targets
Updated : 2 years, 11 months ago IST
The paper "Can countries afford their national SDG4 benchmarks?" by the Global Education Monitoring (GEM) Report of the UN Educational, Scientific and Cultural Organisation (UNESCO) was written as input for the spring meetings of the World Bank and the International Monetary Fund (IMF).
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Other countries can harness digital public infrastructure at scale and at
Updated : 2 years, 11 months ago IST
During a session -- Digital Public Infrastructure: Stacking Up the Benefits -- of the IMF-WB Spring Meeting, the Infosys chairman said, "It has proved that it helped both in resilience against vulnerabilities and pandemics as well as it enables economic growth" and added that, "We know it
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