Search For "international monetary"
Pakistan Minister Ishaq Dar rules out taking dictations from IMF on managi
Updated : 3 years, 5 months ago IST
IMF demanded additional information, including details of shelved development projects that have now been taken up again as a top priority of the government, The Express Tribune reported.
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Pakistan faces currency crisis danger, says Nomura
Updated : 3 years, 6 months ago IST
Apart from Pakistan, the Japanese bank said that there were seven countries including Egypt, Romania, Sri Lanka, Turkey, the Czech Republic, and Hungary now at a high risk of currency crises.
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Pakistan's economy in free fall: POREG
Updated : 3 years, 6 months ago IST
Looking at its falling economy, investors had also started losing their confidence in Pakistan's ability to pay back the loans. Neither, the creditors nor the market is impressed.
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India's powerful digital stack explained
Updated : 3 years, 6 months ago IST
Digital India is a force to be reckoned with. Whether it is through the efficient transfer of funds at the individual level or the massive distribution of government assistance to the most vulnerable
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Sri Lanka likely to miss IMF deadline: Report
Updated : 3 years, 6 months ago IST
The Sri Lankan newspaper said if the country missed the December IMF deadline, it would have to wait for March 2023 to secure a USD 2.9 billion loan from the IMF in eight equal tranches.
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Pakistan's total debt surges to Rs 12 trillion in first quarter
Updated : 3 years, 6 months ago IST
In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillion which is more than the same period of last fiscal year, accounting for Rs 50.49 trillion.
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Pakistan's default risk increases sharply amid uncertainty about talks wit
Updated : 3 years, 6 months ago IST
The credit-default swaps increased and reached 75.5 per cent on Wednesday from 56.2 per cent, Dawn cited data circulated by research firm Arif Habib limited.
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Global economic growth outlook "gloomier", says IMF ahead of G20 summit
Updated : 3 years, 6 months ago IST
In a report titled 'G20 report on Strong, Sustainable, Balanced, and Inclusive Growth', IMF said continued fiscal and monetary tightening is likely needed in many countries to bring down inflation and address debt vulnerabilities and it expects further policy tightening in many G20 economies
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Huge loans that countries owe to China may actually never get repaid, says
Updated : 3 years, 6 months ago IST
Writing for the InsideOver publication, Federico Giuliani, said that three-fifths of the world's developing countries are now having considerable trouble repaying loans or have already fallen behind on their debts.
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EU proposes 18-billion-euro support package for Ukraine
Updated : 3 years, 6 months ago IST
This stable, regular and predictable financial assistance - averaging EUR1.5 billion per month - will help cover a significant part of Ukraine's short-term funding needs for 2023, which the Ukrainian authorities and the International Monetary Fund estimate at EUR3 to EUR4 billion per month.
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COP27: Getting back to Net Zero; IMF lists 3 key priorities for climate mi
Updated : 3 years, 6 months ago IST
This year's COp27 summit will be even more crucial in the backdrop of several extreme weather events -- typhoons in Bangladesh, unprecedented floods in Pakistan, heatwaves in Europe, wildfires in North America, dry rivers in China, and droughts in Africa.
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As economic situation looks gloomy in Pakistan, IMF advises strict measure
Updated : 3 years, 7 months ago IST
The International Monetary Fund has called on Pakistan to impose additional taxes worth PKR 600 billion
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