Search For "international monetary fund"
India's powerful digital stack explained
Updated : 3 years, 3 months ago IST
Digital India is a force to be reckoned with. Whether it is through the efficient transfer of funds at the individual level or the massive distribution of government assistance to the most vulnerable
Read More
Sri Lanka likely to miss IMF deadline: Report
Updated : 3 years, 3 months ago IST
The Sri Lankan newspaper said if the country missed the December IMF deadline, it would have to wait for March 2023 to secure a USD 2.9 billion loan from the IMF in eight equal tranches.
Read More
Pakistan's total debt surges to Rs 12 trillion in first quarter
Updated : 3 years, 4 months ago IST
In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillion which is more than the same period of last fiscal year, accounting for Rs 50.49 trillion.
Read More
Pakistan's default risk increases sharply amid uncertainty about talks wit
Updated : 3 years, 4 months ago IST
The credit-default swaps increased and reached 75.5 per cent on Wednesday from 56.2 per cent, Dawn cited data circulated by research firm Arif Habib limited.
Read More
Global economic growth outlook "gloomier", says IMF ahead of G20 summit
Updated : 3 years, 4 months ago IST
In a report titled 'G20 report on Strong, Sustainable, Balanced, and Inclusive Growth', IMF said continued fiscal and monetary tightening is likely needed in many countries to bring down inflation and address debt vulnerabilities and it expects further policy tightening in many G20 economies
Read More
EU proposes 18-billion-euro support package for Ukraine
Updated : 3 years, 4 months ago IST
This stable, regular and predictable financial assistance - averaging EUR1.5 billion per month - will help cover a significant part of Ukraine's short-term funding needs for 2023, which the Ukrainian authorities and the International Monetary Fund estimate at EUR3 to EUR4 billion per month.
Read More
COP27: Getting back to Net Zero; IMF lists 3 key priorities for climate mi
Updated : 3 years, 4 months ago IST
This year's COp27 summit will be even more crucial in the backdrop of several extreme weather events -- typhoons in Bangladesh, unprecedented floods in Pakistan, heatwaves in Europe, wildfires in North America, dry rivers in China, and droughts in Africa.
Read More
As economic situation looks gloomy in Pakistan, IMF advises strict measure
Updated : 3 years, 4 months ago IST
The International Monetary Fund has called on Pakistan to impose additional taxes worth PKR 600 billion
Read More
"India, a bright spot in a dark horizon"
Updated : 3 years, 4 months ago IST
New Delhi (India), October 23 (ANI): "A bright spot in a dark horizon", "A logistical marvel", "A leader in digitalisation" ... are some words of praise coming out of Washington DC for the Indian economic model.
Read More
Pak FM Dar urges IMF to modify its policy support amid catastrophic floods
Updated : 3 years, 5 months ago IST
Washington [US], October 17 (ANI): Pakistan Finance Minister Ishaq Dar on Sunday urged the International Monetary Fund (IMF) and multilateral donors to modify its policy support amid catastrophic floods.
Read More
Avoid unidimensional view of Indian subsidies: FM Sitharaman to World Bank
Updated : 3 years, 5 months ago IST
Washington [US], October 15 (ANI): Union Finance Minister Nirmala Sitharaman has said that despite this year's projected growth rate of 7 per cent for the Indian economy, India remains concerned about the global economic outlook and geopolitical environment.
Read More
"Chor, Chor", Pakistan Finance minister heckled at US airport
Updated : 3 years, 5 months ago IST
Washington [US], October 14 (ANI): Pakistan's newly appointed finance minister Ishaq Dar was "welcomed" by angry protestors with chants of "liar" and "chor" (thief) at the Washington airport in the US as he arrived in the country to attend meetings of the World Bank and the International Mon
Read More