According to the sources, Pakistan has been asked to present a repayment plan for a USD 3.7 billion loan to the IMF in June as well as needs to demonstrate stronger support from friendly nations in order to meet the commitment.
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.
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
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
New Delhi [India], April 26 (ANI/PNN): Our world has seen sweeping tides of volatility since 2020. From the advent of a worldwide pandemic to geopolitical-based warfare which derailed the economy of many countries worldwide and caused chaos and unrest. A consequence of the aforementioned unr
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.
Bangalore (Karnataka) [India], April 17 (ANI/ATK): The cryptocurrency landscape has been transforming in 2023, with regulatory changes, market developments, and crucial events shaping the sector. Binocs, a leading expert in crypto tax regulations, has published a comprehensive report on the