First Deputy Managing Director at the International Monetary Fund (IMF), Gita Gopinath, called for a need for a solid information architecture for the banking sector when it comes to funding climate infrastructure projects.
IMF chief Kristalina Georgieva raised concerns over the potential deepening of inequality and urged governments to take proactive measures in a Sunday blog post.
Amid the crippling economic woes in Pakistan, the Executive Board of the International Monetary Fund (IMF) completed its first review of the country's economic reform programme and allowed the immediate disbursement of USD 700 million, ARY News reported on Thursday.
The Indian economy is projected to grow at 6.3 per cent in the current financial year and the next, the International Monetary Fund (IMF) said in a report.
The Executive Board of the International Monetary Fund (IMF) came up with a ringing endorsement of India's growth story after concluding the Article IV consultation with New Delhi, commending the nation's robust economic growth, resilient financial sector, and notable progress in formalis
It reported citing a notification from the Pakistan Ministry of finance, the new prices of petrol are PKR 267.34 and PKR 276.21 for HSD. The State Bank reported the dollar had settled at PKR 283.51 on Thursday after losing against the local currency. Dealers said the market stayed calm even
International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer has said the country needs to enter into agreements with its official and private creditors before the second review of the Extended Fund Facility (EFF), which is expected to be concluded by the end of the firs
The International Monetary Fund (IMF) has revised Pakistan's foreign loan requirement to USD 25 billion for this fiscal year, reducing it by USD 3.4 billion, The Express Tribune newspaper reported, adding that it also lowered Pakistan's economic growth projection to just 2 per cent.
International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Wednesday said the agreement for the release of the second tranche, amounting to USD 3 billion under the Standby Arrangement (SBA) with Pakistan is expected this week, Dawn reported.
The Pakistani government is actively engaged in discussions with the Industrial and Commercial Bank of China (ICBC) and the Bank of China, seeking a combined loan of USD 600 million.
The International Monetary Fund (IMF) has urged Pakistani authorities to bring agriculture, real estate, and retail sectors into the tax net, Geo News reported.