Search For "international monetary fund"
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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Pandemic, supply disruptions pose risk to food security; urgent actions ne
Updated : 3 years, 8 months ago IST
Washington [US], July 16 (ANI): The Covid-19 pandemic, its resultant interruption in international supply chains, the ongoing conflict in Ukraine severely disrupting food, fuel and fertilizer markets, countries across the world now need to strengthen safety nets, facilitate trade, boost food
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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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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 to borrow PKR 5.5 trillion from international lenders
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 10 (ANI): Pakistan would borrow Pakistani Rupees (PKR) 5.5 trillion from international lenders in the current fiscal year to maintain their foreign exchange reserves, repay the previous loans and finance of current account deficit.
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Bangladesh protests as China attempts to steal credit for Padma Bridge
Updated : 3 years, 8 months ago IST
Dhaka [Bangladesh], July 8 (ANI): In the run-up to the inauguration of the bridge over the river Padma, Bangladesh has protested vehemently against an attempt by China to steal credit for its construction.
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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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IMF intends to ban Pakistan from seeking more Chinese loans: Reports
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 6 (ANI): The International Monetary Fund (IMF) intends to ban Pakistan from borrowing more from China, according to reports.
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