Pakistan last week signed a USD 3 billion loan programme with the IMF, following the revival of the USD 7 billion programme that was officially ending prematurely the same day.
While lauding the International Monetary Fund’s (IMF’s) economic prediction for India from this year, NK Singh, Chairman of 15th Finance Commission of India has said that the projection will “continue to grow further.”
New Delhi [India], July 27: In a parallel reminiscent of China's economic rise in 2007, the Indian economy has recently crossed the $3.5 trillion mark, according to Moody's. Projections from the International Monetary Fund (IMF) suggest that India's economy will surpass $3.7 trillion this ye
The growth in emerging markets and developing economies is still expected to pick-up with year-on-year growth expected to accelerate from 3.1 percent in 2022 to 4.1 percent this year and the next.
The International Monetary Fund has predicted that India's economy will grow at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger dom
Total revenues included AED63.5 billion of tax revenues, AED3.9 billion of revenues from social contributions, and AED48.2 billion of other revenues from property income, sales of goods and services, fines and penalties, and transfers not elsewhere classified
Pakistan's Army Chief Syed Asim Munir underlined the need to make the country self-reliant to end the dependency on foreign loans, which recently the cash-strapped nation secured with the International Monetary Fund (IMF).
Even though Pakistan has been able to secure an International Monetary Fund (IMF) bailout, the road ahead is not going to be easy, as after electricity rates, Islamabad is planning to jack up gas prices as well by over 45 per cent in line with IMF's demand
“We support the arrangement. It provides a breathing space” to Pakistan, Horst said in a conversation with Washington-based Pakistani journalists on Friday.
After the International Monetary Fund (IMF) approved a 9-month stand-by-arrangement (SBA) of USD 3 billion, Pakistan has received sight of relief but it needs to realise that the country has to do everything to increase tax revenue so that it can come out of the economic crisis.