Search For "imf"
FM Nirmala Sitharaman to attend Spring Annual Meetings of IMF-World Bank
Updated : 2 years, 11 months ago IST
Union Finance Minister Nirmala Sitharaman is to embark today on an official visit to the United States where she will attend Spring Annual Meetings of the IMF-World Bank. She will begin her official visit to the US from April 10.
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There's a real danger that Pakistan could default on debt: US think tank
Updated : 2 years, 11 months ago IST
The cash-strapped nation is reeling with the repercussions of a deepening political crisis, which initially began in April last year when former prime minister Imran Khan was ousted through a vote of a no-confidence motion, and the derailment of the USD 6.5 billion International Monetary Fun
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Pakistan: Several persons killed in stampedes at flour distribution centre
Updated : 2 years, 11 months ago IST
Many stampedes have occurred at flour distribution centres in Pakistan provinces during the month of Ramzan, resulting in deaths of several individuals, including women and children, reported Asian Lite International.
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Pakistan Finance Minister Ishaq Dar cancels trip to US amid 'domestic stat
Updated : 2 years, 11 months ago IST
Pakistan's Minister for Finance and Revenue Ishaq Dar has cancelled his visit to the United States despite Islamabad making efforts to pursue the International Monetary Fund (IMF) to release a loan tranche, The Express Tribune reported.
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Pakistan's politicians are failing their most vulnerable people
Updated : 2 years, 11 months ago IST
No attempt was made to reduce wasteful government spending or energy usage. No attempt was made to win back external creditors who have dumped Pakistani assets, unnerved by highly irresponsible comments from key policymakers. Promises made to the IMF were broken and wild accusations were hur
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IMF chief says India, China to account for half of global growth in 2023
Updated : 2 years, 11 months ago IST
The International Monetary Fund (IMF) has said the global economy is estimated to grow less than 3 per cent in 2023, with India and China expected to account for half of global growth during the year.
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World Bank reduces Pakistan's growth forecast to 0.4 per cent
Updated : 2 years, 11 months ago IST
Increasing interest rates and uncertainty in financial markets have further enhanced pressure on Pakistan's economy, with future economic prospects heavily reliant on structural reform.
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World Bank says Pakistan urgently needs foreign loans to avoid "public deb
Updated : 2 years, 11 months ago IST
The World Bank in its flagship report 'Pakistan Development Update' warned Pakistan regarding serious dangers to its economic and debt viability while predicting almost flat economic growth.
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India's Tax agency plays key role in promoting adoption of digital public
Updated : 2 years, 11 months ago IST
The working paper 'Stacking up the Benefits Lessons from India's Digital Journey" said that the core tax administration operations rely heavily on DPI initiatives, where Aadhaar is expected to revolutionize tax administration compliance activities by promoting the consistency of registers
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India's journey highlights lessons for other countries embarking on own di
Updated : 2 years, 11 months ago IST
The working paper 'Stacking up the Benefits Lessons from India's Digital Journey" said that India's stack's development is guided by a foundational building blocks approach, and a focus on supporting innovation across the ecosystem.
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India has built a world-class digital infrastructure: IMF
Updated : 2 years, 11 months ago IST
India has developed a world-class digital public infrastructure (DPI) to support its sustainable development goals with its journey having lessons for other countries embarking on their own digital transformation, IMF has said in a working paper, noting that digitalization has supported f
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Sri Lanka to see degrowth in 2023, gradual recovery expected next year: AD
Updated : 2 years, 11 months ago IST
Sri Lanka's economy is estimated to contract again in 2023 before it begins a gradual recovery in 2024, as the country navigates an unprecedented economic crisis, according to Asian Development Bank.
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