Search For "international monetary"
China plays catch-up with India in Sri Lanka; fails
Updated : 3 years, 4 months ago IST
This development comes a few days after India backed the island nation's efforts to secure a loan from the global lender, as the country seeks assurances that debt will be restructured as per the IMF programme.
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Pakistan's economic crisis going from bad to worse: Report
Updated : 3 years, 4 months ago IST
On January 6 the Forex reserves in the State Bank of Pakistan (SBP) touched the lowest mark of USD 4.343 billion just enough for two weeks. The recurring economic crises in Pakistan are primarily caused by a persistent fiscal deficit, which is a result of the government's tendency to overspe
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Pakistan's virtual talks with IMF likely from next week
Updated : 3 years, 4 months ago IST
Amid a reeling economic crisis and falling foreign exchange reserves, virtual talks between Pakistan and International Monetary Fund (IMF) are likely to commence next week, Geo News reported.
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War of words between China and US over Sri Lanka debt
Updated : 3 years, 4 months ago IST
The Chinese Embassy in Sri Lanka slammed the US recently after an American diplomat called China a 'spoiler' to Sri Lanka's negotiations with the International Monetary Fund (IMF) in a recent interview.
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"Only option is to seek IMF support", Sri Lankan President on economic col
Updated : 3 years, 4 months ago IST
Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund (IMF).
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Pak rupees hit new low vs USD, slides to Rs 227.88 a dollar
Updated : 3 years, 4 months ago IST
The fresh drop came after the government failed to make any headway in its talks with the International Monetary Fund (IMF) for the revival of its stalled USD 6.5 billion loan programme.
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UN seeks funds for Pakistan after last year's devastating floods
Updated : 3 years, 4 months ago IST
United Nations Secretary-General Antonio Guterres on Monday sought "massive investments" for Pakistan to help it recover from damage caused by devastating floods that ravaged the country last year.
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IMF delegation to meet Pak Finance Minister to discuss outstanding issues
Updated : 3 years, 4 months ago IST
An International Monetary Fund (IMF) delegation will meet Pakistan Finance Minister Ishaq Dar on the sidelines of the upcoming Geneva conference on Climate Resilient Pakistan on January 9. The IMF delegation will discuss outstanding issues with Dar, an IMF spokesperson said on Sunday, Pakist
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India will have to invest significant share of its GDP to improve rural ro
Updated : 3 years, 4 months ago IST
The IMF in a book -- South Asia's Path to Resilient Growth -- said gradually raising rural access to 90 per cent by 2030 would require about 2.4 million additional km of all-weather roads which is an increase of 39 per cent in road length.
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Policies need to create congenial climate for attracting new private inves
Updated : 3 years, 4 months ago IST
Speaking on raising productivity during a conference held by the International Monetary Fund, Reserve Bank of India Governor Shaktikanta Das on Friday said while sustained and broad-based economic recovery remains the current policy focus, it is necessary to undertake deep structural reforms
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Financial inclusion appears to be positively correlated with per capita in
Updated : 3 years, 4 months ago IST
The IMF's book -- South Asia's Path to Resilient Growth -- launched on Friday said financial inclusion is a multidimensional concept, with implications for growth and financial and economic stability. "Staff research has shown potentially significant growth benefits from financial inclusion,
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IMF delegation to travel to Pakistan in 2-3 days to finalise ninth review:
Updated : 3 years, 4 months ago IST
Sharif made the remarks while addressing Hazara Electric Supply Company's (HESC) inaugural ceremony in Islamabad.
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