Search For "international monetary"
Pakistan fails to strike agreement with IMF under USD 6 billion Extended F
Updated : 4 years, 7 months ago IST
Islamabad [Pakistan], October 17 (ANI): Unable to reconcile and evolve consensus on the Memorandum of Economic and Financial Policies (MEFP), the International Monetary Fund (IMF) and Pakistan have so far failed to strike a staff-level agreement under USD 6 billion Extended Fund Facility (EF
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Electricity to become more expensive in Pakistan as govt hikes power tarif
Updated : 4 years, 7 months ago IST
Islamabad [Pakistan], October 16 (ANI): Pakistani government on Friday increased the base power tariff by Pakistani Rs 1.39 per unit to fulfil the International Monetary Fund (IMF) demand to stay in its programme, local media reported.
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India's economic reforms seen as a "positive step" by Biden administration
Updated : 4 years, 7 months ago IST
Washington [US], October 16 (ANI): Union Finance Minister Nirmala Sitharaman on Wednesday said India's strategic economic reforms have been welcomed by the Biden administration and leaders from the corporate sector in the US.
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IMF, World Bank should boost policies to tackle debt vulnerabilities: Yell
Updated : 4 years, 7 months ago IST
Washington [US], October 14 (ANI/Sputnik): The International Monetary Fund (IMF) and the World Bank should take additional steps to help address debt vulnerabilities, US Treasury Secretary Janet Yellen said on Thursday.
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Global economic recovery is continuing, but fault lines opened up by pande
Updated : 4 years, 7 months ago IST
Washington [US], October 13 (ANI): The International Monetary Fund (IMF) on Tuesday noted that although the global economic recovery is continuing, the fault lines opened up by the Covid-19 pandemic are looking "more persistent."
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Indian economy to grow at 9.5 pc in 2021, 8.5 pc in 2022: IMF
Updated : 4 years, 7 months ago IST
New Delhi [India], October 12 (ANI): India is poised to grow at 9.5 per cent in 2021 and 8.5 per cent in 2022, according to the latest projections by the International Monetary Fund.
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IMF board seeks more details on probe into World Bank report on China
Updated : 4 years, 7 months ago IST
Washington [US], October 9 (ANI): The International Monetary Fund (IMF) will request additional details of the ongoing probe into the activities of the organization's Managing Director Kristalina Georgieva when she was the World Bank's CEO.
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IMF demands Pakistan increase electricity tariff
Updated : 4 years, 7 months ago IST
Islamabad [Pakistan], October 8 (ANI): The International Monetary Fund (IMF) has demanded Pakistan hike its electricity tariff.
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IMF executive board, director discuss probe into World Bank report on Chin
Updated : 4 years, 7 months ago IST
Washington [US], October 7 (ANI): The International Monetary Fund (IMF) Executive Board and the organisation's Managing Director Kristalina Georgieva on Wednesday (local time) discussed China-related data-rigging scandal during Georgieva's tenure at the World Bank, IMF spokesperson Gerry Ric
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Pakistan: Talks on reviving USD 6 billion IMF package next week
Updated : 4 years, 7 months ago IST
Islamabad [Pakistan], October 4 (ANI): Pakistan and International Monetary Fund (IMF) are set to resume talks next week on the revival of the USD 6 billion derailed programme. Both sides would try to find the middle ground on the debatable issue of an increase in electricity prices.
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China's hidden debt, a major problem for borrowers
Updated : 4 years, 7 months ago IST
Beijing [China] October 3 (ANI): Different countries owe at least USD 385 billion amount of debt to China which has slipped through scrutiny of international lenders such as the World Bank and the International Monetary Fund (IMF).
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Paris Club extends Pakistan's debt payment deadline to December
Updated : 4 years, 8 months ago IST
Paris [France], September 26 (ANI): The Paris Club of creditor countries has announced that it was extending the deadline for Pakistan to service its debt, so that the country can meet its resources to combat the COVID-19 pandemic.
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