Search For "international monetary"
Soaring inflation hits Pakistanis hard during Ramzan
Updated : 3 years, 1 month ago IST
During every Ramzan inflation increases by 500 per cent and this has not changed in the last 75 years. The rise of inflation during Ramzan in Pakistan is very strange because, in countries where the Muslim population is one per cent or even less, the governments supply up to 75 per cent reli
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Nirmala Sitharaman, World Bank chief discuss empowering women leaders
Updated : 3 years, 1 month ago IST
Sitharaman, who is on a week-long visit to the US, outlined initiatives to bolster the economic status of women during the IMF/World Bank Spring meetings. She appeared to highlight how the Modi Govt has been working with the idea of women-led development and not just women-centric develop
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"Very important area": Nirmala Sitharaman on strengthening of global finan
Updated : 3 years, 1 month ago IST
Describing the Global Financial Architecture as a "very important area", Union Finance Minister Nirmala Sitharaman said that through India's G20 Presidency, several sessions will be taking place to get into the details of how we want to look at the financial architecture itself.
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IMF projects India to be fastest growing economy in the world
Updated : 3 years, 1 month ago IST
The International Monetary Fund (IMF) in its flagship World Economic Outlook projected that India will be the fastest growing economy in the world amid financial sector turmoil, high inflation, ongoing effects of the Russia-Ukraine war, and three years of COVID.
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IMF lowers global growth forecast to 2.8 per cent, says recovery 'on track
Updated : 3 years, 1 month ago IST
The International Monetary Fund (IMF) on Tuesday lowered its growth forecast for the global economy to 2.8 per cent and also said that the recovery of the global economy from both the pandemic and Russia's invasion of Ukraine remains 'on track'.
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Int'l Trade Union Confederation calls WBG, IMF to overhaul multilateral sy
Updated : 3 years, 1 month ago IST
In a statement to the spring meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), the International Trade Union Confederation (ITUC) and its Global Unions partners are calling for the International Financial Institutions (IFIs) to overhaul the multilateral system
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Nirmala Sitharaman arrives in US for a week-long official visit; Here's it
Updated : 3 years, 1 month ago IST
During her stay, Sitharaman will be attending the 2023 Spring Meetings of the World Bank and the International Monetary Fund (IMF), along with G20 meetings, Investor/ Bilateral meetings, and other associated meetings.
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UAE participates in the WB-IMF Spring Meetings
Updated : 3 years, 1 month ago IST
Mohamed Bin Hadi Al Hussaini stated that the ministry is keen on attending and participating in such international events, engaging in the international decision-making process and unifying efforts to serve the countries of the region and the world.
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Toxic acids from China-funded Norochcholai Coal Power Plant could affect M
Updated : 3 years, 1 month ago IST
The development comes as China is making a comeback in Sri Lanka as Beijing first gave its consent on conditionalities for the International Monetary Fund to lend money to the island nation. Reports have emerged that indicate that China's Sinopec has committed to invest in Sri Lanka's Hamban
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International Monetary Fund deal is on track, says Pakistan Finance Minist
Updated : 3 years, 1 month ago IST
"We are now only awaiting the confirmation of a USD 1bn commitment from one friendly country. After that, all their requirements to conclude the staff-level agreement will be complete. Following that, it takes two more weeks to take the matter into the board meeting," he assured his people.
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There's a real danger that Pakistan could default on debt: US think tank
Updated : 3 years, 1 month ago IST
The cash-strapped nation is reeling with the repercussions of a deepening political crisis, which initially began in April last year when former prime minister Imran Khan was ousted through a vote of a no-confidence motion, and the derailment of the USD 6.5 billion International Monetary Fun
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Pakistan Finance Minister Ishaq Dar cancels trip to US amid 'domestic stat
Updated : 3 years, 1 month ago IST
Pakistan's Minister for Finance and Revenue Ishaq Dar has cancelled his visit to the United States despite Islamabad making efforts to pursue the International Monetary Fund (IMF) to release a loan tranche, The Express Tribune reported.
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