Search For "monetary"
Policy tightening has ways to go as global inflation above targets: Singap
Updated : 3 years ago IST
Ravi Menon, Managing Director of the Monetary Authority of Singapore said most central banks have shifted to a more moderate pace of monetary policy tightening in line with inflation coming off its peak, however, he believes the tightening cycle has some ways to go as the inflation numbers a
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Sri Lankan President welcomes financial assurances from creditors, highlig
Updated : 3 years ago IST
Wickremesinghe stated that he and Sri Lanka's Central Bank Governor signed the agreement and sent it to IMF. He noted that a response from IMF is expected this month followed by funds from World Bank and Asian Development Bank.
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IMF board to consider approval of Sri Lanka's bailout package on March 20
Updated : 3 years ago IST
IMF noted that the financial assurances from creditors paves the way for consideration of approval of the state-level agreement reached on September 1.
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Pakistan at the deep end of economic crisis
Updated : 3 years ago IST
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) recently said Pakistan had been asked by the IMF "to take steps to be able to function as a country" and not get into a dangerous place where it needs debt restructuring, the Greek City Times reported.
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Pakistan's central bank increases interest rate by 300 basis points to 20
Updated : 3 years ago IST
Pakistan's Central Bank increased the interest rate by 300 bps taking the total increase to 1,050 bs since January 2022 to counter rising inflation.
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Pak govt accepts one more IMF demand, imposes power surcharge from next fi
Updated : 3 years ago IST
Pakistan's government has taken the decision to generate PKR 335 billion more in revenue over the next fiscal year to finance the power sector's debt and liabilities.
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Indian stock indices in red Thursday early trade
Updated : 3 years ago IST
Indian stock indices traded in the red on Thursday morning, largely due to persistent weak global cues.
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Snapping 7-day losses, Indian stock indices gather some steam
Updated : 3 years ago IST
Till Friday, the stocks declined over concerns that global growth will continue to slow in 2023 due to monetary policy tightening by various central banks to control inflation.
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Global economic growth will continue to slow in 2023: Moody's
Updated : 3 years ago IST
Moody's Investors Service expects global growth to continue to slow in 2023 over a cumulative monetary policy tightening by various central banks.
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FM Sitharaman discusses debt restructuring with heads of World Bank, IMF
Updated : 3 years ago IST
Sitharaman co-chaired debt roundtable jointly with IMF MD Kristalina Georgieva and World Bank chief David Malpass. The G20 delegations also had a meeting with tech innovators at IISc.
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IMF chief says world should have more regulation for private cryptocurrenc
Updated : 3 years ago IST
Kristalina Georgieva urged for a strong push for regulation and added, "if regulation fails, if you're slow to do it, then we should not take off the table or banning those assets, because they may create financial stability risk..."
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Pakistan PM asks ministers, advisers to let go of salaries, benefits as pa
Updated : 3 years ago IST
According to Dawn, the belt-tightening comes as the government is trying to resume a stalled loan programme of the International Monetary Fund (IMF) to secure funds worth USD 1 billion. The premier said an agreement with the Fund was in its final stages.
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