Search For "monetary"
Pakistan Peoples Party acquires most debt from IMF, PTI leads in interest
Updated : 1 year, 7 months ago IST
A report by the Pakistan Federal Ministry of Economic Affairs disclosed that the previous government led by the Pakistan Peoples Party has borrowed the maximum from International Monetary Fund (IMF), with a loan of over USD 7.72, The Express Tribune reported.
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India to become USD 55 trillion economy by 2047 if it grows at 8 pc annual
Updated : 1 year, 7 months ago IST
KV Subramanian, Executive Director of the International Monetary Fund (IMF) and former Chief Economic Advisor of India, said on Thursday that India could become a USD 55 trillion economy by 2047 if it maintains an 8 per cent annual growth rate.
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Fed maintains rate at 5.25-5.5 pc for the 8th consecutive term
Updated : 1 year, 7 months ago IST
The Federal Reserve, in its latest meeting, decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per cent for the eighth time. In its statement, the Fed observed that job gains in the U.S. economy have moderated, while the unemployment rate has increased slightly but rema
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Jamaat-e-Islami chief warns govt of boycotting electricity bills across na
Updated : 1 year, 7 months ago IST
He warned that delay in addressing the demands of JI, including the elimination of contracts with independent power producers (IPPs), will cost the rulers dearly, potentially sparking a larger crisis.
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Pakistan fears mount as loan talks with China face uncertainty
Updated : 1 year, 7 months ago IST
On Friday, Finance Minister Muhammad Aurangzeb met with Pan Gongsheng, the governor of China's central bank, to discuss bilateral financial cooperation, according to a statement from the People's Bank of China.
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Pakistan Tehreek-e-Insaf organises rallies seeking release of jailed leade
Updated : 1 year, 7 months ago IST
The protests, organised at the provincial assembly level, saw local PTI lawmakers and leaders taking prominent roles in addressing the crowds. In Peshawar, demonstrations were conducted across all 13 provincial assembly constituencies, with a notable gathering in the Namak Mandi area led by
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RBI has proposed a higher liquidity coverage ratio for retail deposits
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding liquidity standards, as announced in the April monetary policy.
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Hard to implement IMF deal as political pressure surges in Pakistan: Exper
Updated : 1 year, 7 months ago IST
The current fiscal year's tax-laden budget and the Supreme Court's ruling on reserved seats have shifted the focus of politics to the economy, further posing doubts over Pakistan's ability to meet the new International Monetary Fund (IMF) conditions for a USD 7 billion loan, reported Dawn.
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PML-N supremo Nawaz Sharif Nawaz says "nation not being treated well", adm
Updated : 1 year, 8 months ago IST
Pakistan Muslim League-Nawaz (PML-N) President, Nawaz Sharif criticised the actions of the previous administration on Saturday, stating that the nation "is not being treated well, which was achieving development goals and getting rid of the International Monetary Fund (IMF)," according to Ge
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Pakistan to draw foreign investment, seek loan rollovers: Foreign Minister
Updated : 1 year, 8 months ago IST
The economically crippled country has relied heavily on IMF programmes for years, at times nearing the brink of sovereign default and having to turn to countries such as the United Arab Emirates (UAE) and Saudi Arabia to provide it with financing to meet external financing targets set by the
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As Pakistan aims to double its exports, data proves otherwise
Updated : 1 year, 8 months ago IST
Pakistan's Commerce Ministry is intending to double its exports to USD 60 billion within the next three years, however, the data does not showcase any such growth prospects in the country.
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IMF further raises India's growth projection to 7% for 2024; country faste
Updated : 1 year, 8 months ago IST
The International Monetary Fund (IMF), in its latest outlook, has raised India's growth projections for 2024 from 6.8 per cent earlier to 7 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economies
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