State Bank of Pakistan receives USD 1.1 billion funding from IMF

The State Bank of Pakistan (SBP) has received around USD 1.1 billion from the International Monetary Fund (IMF), a...

Growth in Asia-Pacific expected to slow in 2024: IMF

Economic growth in the Asia Pacific region is better than previously projected but is expected to slow from 5 per...

Pak struggles with soaring inflation, widening wage disparities

The government's decision to devalue the currency by over 50 per cent within a year and eliminate subsidies as part...

IMF approves USD 1.1 bn tranche for Pakistan's bailout package

This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF,...

Pak PM Shehbaz Sharif discusses new bailout package

As the country continues to battle a crippling economy, Pakistan Prime Minister Shehbaz Sharif discussed the new...

Decision to seek bailout from IMF shows "we have failed": Abbasi

He said that people often ask about relief in the annual budget. However, governments starts borrowing for everything.

"Within 6 years, India achieved 80 pc financial inclusion rate"

"Within six years, India has achieved an 80 per cent financial inclusion rate, a feat that would have taken decades...

Finance Minister expects Pak airlines privatisation by June

Finance Minister Muhammad Aurangzeb said on Sunday that the privatization of Pakistan International Airlines (PIA)...

UAE calls for int'l collaboration to solve global challenges

Al Hussaini emphasised the significance of the topics being discussed during the 2024 Spring Meetings, and their...

UAE stresses importance of uniting global efforts

The UAE concluded its participation in the 2024 Spring Meetings of the International Monetary Fund and the World...

Asia will account for 60% of global growth in 2025: IMF

Asia, led by India, is poised to make a significant contribution to global growth, with projections indicating that...

India to remain global growth driver in foreseeable future: IMF E

Krishnamurthy V Subramaniam, the Executive Director of the International Monetary Fund (IMF), predicted that...