Search For "imf"
IMF director describes Sri Lanka as 'warning sign' for countries with high
Updated : 3 years, 8 months ago IST
Bali [Indonesia], July 17 (ANI): Highlighting the ongoing political turmoil in Sri Lanka, International Monetary Fund Managing Director Kristalina Georgieva on Saturday warned countries with high debt levels to take lessons from Sri Lanka and said that it is a warning sign for nations with l
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Pakistan assures IMF over China's CPEC energy deals
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 17 (ANI): In an attempt to stabilise the country's economy, Pakistan has assured the International Monetary Fund (IMF) that it would try to receive concessions from China-Pakistan Economic Corridor (CPEC) power plants.
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Pakistan to receive USD 1.17 billion tranche: IMF
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 16 (ANI): The International Monetary Fund (IMF) said that Pakistan will receive USD 1.7 billion tranches in the coming three to six weeks, after reaching the staff-level agreement earlier this week.
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Faced with 'darkening' outlook, IMF set to downgrade global growth
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): Faced with a "darkening" economic outlook, the International Monetary Fund (IMF) is set to further downgrade global growth for both 2022 and 2023 in its World Economic Outlook Update to be released later this month.
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Pakistan, IMF reach agreement on USD 6 bn Extended Fund Facility loan
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 14 (ANI): The International Monetary Fund (IMF) has said that it had reached a staff-level agreement with Pakistan on the combined seventh and eighth reviews for a USD 6 billion Extended Fund Facility (EFF) loan facility.
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Pakistan's external debt servicing rises to USD 10.886 billion
Updated : 3 years, 8 months ago IST
Karachi [Pakistan], July 13 (ANI): Pakistan's external debt servicing rose to USD 10.886 billion in the first three quarters of 2021-22 compared to USD 13.38bn in the entire FY21.
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Pakistan's foreign policy at a crossroads: ASPI
Updated : 3 years, 8 months ago IST
Canberra [Australia], July 13 (ANI): Pakistan's foreign policy is in disarray as no country has come to offer it extraordinary support amid rising inflation and a balance-of-payments crisis.
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Prolonged Russia-Ukraine conflict to intensify Pakistan's economic woes
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 12 (ANI): Pakistan, which is reeling under high inflation, sliding forex reserves, widening current account deficit and depreciating currency, is bracing for the worst economic woes due to the prolonged Russia-Ukraine conflict.
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No loan from IMF despite Pakistan 'dancing to its tune', says Interior Min
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 11 (ANI): Pakistan's Interior Minister Rana Sanaullah on Sunday said that the International Monetary Fund (IMF) had not released the tranche for the USD 6 billion bailout package under its extended fund facility, even though it had made the country "dance to its
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South Asian nations tying luck to China's infrastructure projects and fail
Updated : 3 years, 8 months ago IST
Washington [US], July 11 (ANI): Sri Lankan Prime Minister Ranil Wickremesinghe had recently accepted the fact that the island nation is participating in negotiations with the International Monetary Fund (IMF) as a "bankrupt country."
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Pakistan government's debt up by more than 15 per cent: Report
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 9 (ANI): Amid the worsening economic situation in the country, the Pakistan government's total debt has increased by 15.3 per cent in the first 11 months of the fiscal year FY22.
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Preparing India for the future workplace
Updated : 3 years, 8 months ago IST
New Delhi [India], July 8 (ANI/PNN): After a two-year hiatus due to the Covid-19 pandemic, the global job ecosystem faces multiple threats, among them the fear of an oncoming recession that the International Monetary Fund (IMF) predicted to be of the same magnitude as The Great Depression.
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