Search For "monetary"
IMF urges Lebanon to implement "agreed-upon" reforms
Updated : 3 years, 10 months ago IST
Beirut [Lebanon], May 2 (ANI/Xinhua): The International Monetary Fund (IMF) is willing to help Lebanon overcome its severe crisis, said IMF Managing Director Kristalina Georgieva, emphasizing the importance of implementing reforms in a timely manner.
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Soaring oil prices may worsen 'corporate vulnerabilities' in Pakistan
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 1 (ANI): The International Monetary Fund (IMF) has warned that the soaring oil prices in the global market amid the ongoing Ukraine-Russia war may worsen "corporate vulnerabilities" in Pakistan, reported local media.
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IMF projects lower growth in Central Asia, uneven recovery in Middle East
Updated : 3 years, 10 months ago IST
Washington [US], April 27 (ANI/Sputnik): The Caucasus and Central Asia region (CCA) is projected to experience lower economic growth in 2022 compared to last year, while the recovery in the Middle East and North Africa (MENA) region is expected to remain uneven, the International Monetary Fu
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Will not resign, says Sri Lankan PM Rajapaksa amid economic crisis
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 27 (ANI): Amid the ongoing economic crisis, Sri Lanka's Prime Minister Mahinda Rajapaksa on Tuesday said he will not step down from his post.
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Sri Lanka minister says country in talks with China for debt refinancing
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 26 (ANI): After talks with International Monetary Fund (IMF) amid the ongoing economic crisis in the country, Sri Lanka's Mass Media Minister Nalaka Godahewa on Tuesday said that the country is in talks with China as well for refinancing its debt.
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Pakistan's abandoned Masih minority stages protest against youth's kidnapp
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], April 26 (ANI): Pakistan's Masih minority community staged a demonstration outside police station Sukkur in Sindh province against the country's disregard for the community and the kidnapping of Aftab Masih, one of the community members, even when the court decision wa
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IMF advises Sri Lanka to tighten monetary policy to overcome debt crisis
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 26 (ANI): International Monetary Fund (IMF) official on Tuesday advised Sri Lanka to tighten its monetary policy, raise taxes and adopt flexible exchange rates to overcome its debt crisis, according to a media report.
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RBI imposes Rs 1.12 crore monetary penalty on Bank of Maharashtra
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 25 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions related to Know Your Customer (KYC).
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IMF team to visit Pakistan in May to discuss subsidies
Updated : 3 years, 10 months ago IST
Washington [US], April 25 (ANI): The International Monetary Fund (IMF) announced that it will be sending a mission to Pakistan next month after a team of the international lender held discussions with Pakistan Finance Minister Miftah Ismail in Washington.
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Rights activist claims Pakistan saddled with economic, political mess left
Updated : 3 years, 10 months ago IST
London [UK], April 24 (ANI): London-based rights activist said that Pakistan's new regime led by Prime Minister Shehbaz Sharif is burdened by the economic and political mess left behind by his predecessor Imran Khan.
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Pakistan FM claims ex-PM Imran Khan pushed economy into 'subsidy' trap
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], April 24 (ANI): Accusing former Pakistan Prime Minister Imran Khan of setting a trap for his successors by announcing heavy subsidies on fuel weeks before his ouster, Finance Minister Miftah Ismail has said that the government will have to withdraw the subsidies to revi
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Pakistan: Shehbaz Sharif battles sinking economy amid deficit spike, Imran
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], April 24 (ANI): While Pakistan's economy is already in shambles, the newly-elected Prime Minister Shehbaz Sharif has a heavy task on hand, battling the sinking economy as the country's current account deficit shot up to USD 1.03 billion in March 2022, and his predece
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