Search For "international monetary"
South Asian region contributes 15% to global growth, led by India and Bang
Updated : 3 years, 4 months ago IST
The Governor was speaking at a conference, organised by the International Monetary Fund (IMF), on Friday. He was talking along the lines of the South Asian region's macroeconomic challenges and policy priorities. The governor also said, "The priority for South Asian region, including Indi
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Pakistan will enter default without IMF programme: Imran Khan
Updated : 3 years, 4 months ago IST
Khan while addressing a press conference with Sania Nishtar, a Pakistan Senate member, said that the nation should brace for a new wave of inflation.
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Pakistan spent Rs 2.2 trillion on interest on debt, defence from July-Nove
Updated : 3 years, 5 months ago IST
In the July-November period of the current fiscal year, an 83 per cent rise was seen in the interest cost on the Rs 50 trillion federal government debt stock. And in which, Finance Ministry paid Rs 1.7 trillion in interest cost, up by Rs 763 billion, sources said.
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No other option but to implement IMF program: Shehbaz Sharif
Updated : 3 years, 5 months ago IST
The Prime Minister of Pakistan Shehbaz Sharif calls it a painful reality but said that there is no other option but to implement IMF program
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IMF asks Pakistan to meet demands within three weeks to revive loan progra
Updated : 3 years, 5 months ago IST
To pave the way for a staff-level agreement and release of $1 billion tranche under the Extended Fund Facility (EFF), a timeframe of two to three weeks has been given for implementing "all required actions".
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Economic indicators suggest Pakistan's economic situation would worsen in
Updated : 3 years, 5 months ago IST
Pakistan's economic downfall will continue as the economic indicators point a economic crisis in near future
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Year Ender: Sri Lanka witnesses economic, political crisis and mass protes
Updated : 3 years, 5 months ago IST
People of Sri Lanka demanded the resignation of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa as they blamed their government for the mismanagement of the country's economy.
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Pakistan seeks increase in budget deficit from IMF
Updated : 3 years, 5 months ago IST
Pakistan is also considering imposing the flood Levy on those higher income brackets who are earning lofty profits in recent years and also said adjuster will be used to hike the budget deficit target envisaged at 4.9 per cent of GDP on eve of the budget for 2022-23.
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RBI Deputy Guv Rabi says whatever data on crypto is available is misleadin
Updated : 3 years, 5 months ago IST
"Data is not available. Whatever data is available is misleading. And making regulations in the absence of adequate information carries a high probability of us ending up with the wrong set of prescriptions," T Sankar said at a virtual conference hosted by the International Monetary Fund (IM
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Pakistan's total external debt stocks by 2021 stood at USD 130.43 billion:
Updated : 3 years, 5 months ago IST
In its latest report "International Debt Report 2022, Updated International Debt Statistics," the World Bank said that the total external debt stocks were at USD 130.433 billion by 2021.
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Sri Lanka envoy meets Sitharaman, thanks India's unprecedented emergency a
Updated : 3 years, 5 months ago IST
Sri Lanka High Commissioner to India, Milinda Moragoda on Tuesday met with Union Finance Minister Nirmala Sitharaman and thanked her for the brief emergency assistance India has provided to the island nation throughout its difficult period.
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Pakistan to repay foreign debt, old dues
Updated : 3 years, 5 months ago IST
According to The Express Tribune citing Optimus Capital Management, Pakistan is scheduled to pay the foreign debt and bear debt servicing costs worth USD 26.3 billion over the 12-month period (November to October).
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