Search For "monetary"
IMF's 'Pakistan' dilemma in lending: Report
Updated : 2 years, 12 months ago IST
Pakistan has implemented a series of policy measures, including higher taxes, higher energy prices, and raising interest rates to their highest level in 25 years in order to unlock funding from the IMF's stalled USD 6.5 billion lending programme
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Political, financial, humanitarian crises put Pakistan on brink
Updated : 2 years, 12 months ago IST
The political drama over the arrest of former prime minister Imran Khan has given a clear idea about the priority of Pakistan's policymakers when the country is struggling with economic downfall. It appears Pakistan gets stuck in a severe political crisis as the country approaches the nation
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Indian stocks in green with focus on US monetary policy outcome
Updated : 2 years, 12 months ago IST
Sensex and Nifty settled 0.7-0.8 per cent higher than the previous session, with most of the Nifty sectoral indices rising.
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Of Sri Lanka's total USD 3-bln IMF package, USD 330-mln to be immediately
Updated : 2 years, 12 months ago IST
Sri Lanka has been facing a severe economic crisis as a result of past policy missteps and economic shocks.
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Sri Lankan President expresses gratitude to IMF for approving Sri Lanka's
Updated : 2 years, 12 months ago IST
"I thank the IMF for approving Sri Lanka's program under the Extended Fund Facility. We are committed to full transparency in our efforts to achieve sustainable levels of debt and our reform agenda. The IMF program is critical to achieving this vision," the Sri Lankan President tweeted on M
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Is Pakistan prepared as IMF swings towards inclusive growth?
Updated : 2 years, 12 months ago IST
Pakistan has had a low labour force participation rate over the past 20 years, and its investment rate has been at 15 per cent of GDP, significantly below the strongest performers in the area, The Express Tribune reported.
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US Centcom chief expresses trust in Pakistan's nuclear agenda amid politic
Updated : 2 years, 12 months ago IST
The US general's statement is a relief ahead of Finance Minister Ishaq Dar's remarks last week in the Senate regarding the International Monetary Fund (IMF) bailout programme.
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RBI imposes monetary penalty on IGH Holdings over non-compliances
Updated : 3 years ago IST
The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 11.25 lakh on IGH Holdings Private Limited, Mumbai (the company) for some non-compliance with the provisions of RBI Act, among some others.
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Pakistan's economy now depends on Gulf states to bail out crisis
Updated : 3 years ago IST
The International Monetary Fund's (IMF) condition that Pakistan secure confirmation from bilateral partners of the Gulf region to bridge the gap of USD 6 billion is simply an attempt to ensure its credibility. Non-materialisation may result in Islamabad sliding into default. The IMF review m
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Indian stocks close week in green; Focus now on US monetary policy next we
Updated : 3 years ago IST
Benchmark stock indices in India settled in the green on Friday, tracking positive cues from overseas markets which improved after the recent slump -- following the collapse of Silicon Valley Bank and aftereffects on some other banks.
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Pakistan wait for nod from Gulf states to unlock IMF loan: Report
Updated : 3 years ago IST
All eyes are now on the UAE, Qatar, and the Kingdom of Saudi Arabia (KSA) to save Pakistan's struggling economy
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Chinese bank to refinance USD 500 million loan for Pakistan
Updated : 3 years ago IST
The Pakistani authorities are running from pillar to post to get 100 per cent confirmation from friendly donor countries and multilateral creditors before moving toward striking a staff-level agreement with the International Monetary Fund (IMF). It was an unwritten condition from the IMF tha
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