Search For "international monetary fund"
IMF projects Indian economy to grow 6.1 pc in 2023; global growth to dip t
Updated : 3 years, 1 month ago IST
According to the update, IMF said growth in India is set to decline from 6.8 per cent in 2022 to 6.1 per cent in 2023 before picking up to 6.8 per cent in 2024, with resilient domestic demand despite external headwinds.
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IMF team arrives Pakistan to discuss ninth review
Updated : 3 years, 1 month ago IST
According to a Pakistani television broadcast citing the sources, Pakistan and the IMF, who arrived today, will hold technical talks for the first four days, wherein economic data from different departments will be reviewed.
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US Representatives introduce Bill promoting Taiwan's IMF membership
Updated : 3 years, 1 month ago IST
The United States House of Representatives introduced a Bill calling on Washington to support Taiwan's participation in the International Monetary Fund (IMF) as a member, Focus Taiwan reported.
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China's debt moratorium offer to Sri Lanka not sufficient for IMF to appro
Updated : 3 years, 1 month ago IST
The IMF needs more assurances from China to secure IMF board approval for the bailout package for Sri Lanka.
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Pakistani rupee sees highest 1-day fall in 20 years
Updated : 3 years, 1 month ago IST
The foreign exchange companies had removed a cap on the Pakistani rupee-dollar exchange rate. This was a key demand of the IMF as part of a programme of economic reforms it has agreed on with the debt-laden South Asian nation.
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IMF delegation to visit Pakistan next week for talks on 9th review: offici
Updated : 3 years, 1 month ago IST
According to the statement released by the IMF, the international fund organization Resident Representative for Pakistan Esther Perez Ruiz said: "At the request of the authorities, an in-person Fund mission is scheduled to visit Islamabad [from] January 31 - February 9 to continue the dis
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Ahead of polls, Pak govt scared of losing popularity due to IMF deal
Updated : 3 years, 1 month ago IST
Pakistan is currently under the grip of a massive economic crisis, as a result of which the deal with the International Monetary Fund (IMF) becomes very important for the South Asian nation, according to Dawn.
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International Monetary Fund demands more details on Pakistan's budget
Updated : 3 years, 1 month ago IST
A government official said that the remaining loan repayment requirements and external financing of managing the current account deficit to the tune of USD 8 to USD 10 billion cannot be raised of the stalled IMF programme.
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Is Pakistan going to default on debt servicing like Sri Lanka?
Updated : 3 years, 1 month ago IST
The economic turmoil in Pakistan has reached alarmingly close to that of Sri Lanka, which had faced a similar situation prior to its default. Pakistan is now standing at the same juncture. Merely a few days or weeks at the most are left for the imminent disaster if some kind of a miracle doe
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China plays catch-up with India in Sri Lanka; fails
Updated : 3 years, 1 month ago IST
This development comes a few days after India backed the island nation's efforts to secure a loan from the global lender, as the country seeks assurances that debt will be restructured as per the IMF programme.
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Pakistan's economic crisis going from bad to worse: Report
Updated : 3 years, 1 month ago IST
On January 6 the Forex reserves in the State Bank of Pakistan (SBP) touched the lowest mark of USD 4.343 billion just enough for two weeks. The recurring economic crises in Pakistan are primarily caused by a persistent fiscal deficit, which is a result of the government's tendency to overspe
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Pakistan's virtual talks with IMF likely from next week
Updated : 3 years, 1 month ago IST
Amid a reeling economic crisis and falling foreign exchange reserves, virtual talks between Pakistan and International Monetary Fund (IMF) are likely to commence next week, Geo News reported.
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