Sun, Sep 10, 2023
The G20 summit also pledged to strengthen and reform multilateral development banks, while accepting a proposal to regulate cryptocurrencies more tightly worldwide.
Sat, Aug 12, 2023
The IMF is all set to conduct the first review of the USD 2.9 billion bailout to Sri Lanka from September 11-19, state minister of finance Ranjith Siyambalapitiya said on Saturday and declared that the country has successfully fulfilled the nine conditions set by the global lender.
Wed, Jul 26, 2023
IMF on rice export from India 2023: The International Monetary Fund has said it would encourage India to remove restrictions on export of a certain category of rice, which, it said, would have an impact on global inflation.
Tue, Jul 25, 2023
The IMF on Tuesday projected a growth rate of 6.1 per cent for India in 2023, which is a 0.2 percentage point upward revision compared with the April projection.
Sun, Jul 09, 2023
The Deputy High Commissioner said that the past three years have demonstrated the close links between the people of India and Sri Lanka.
Mon, Jul 03, 2023
Pakistan will move to the fourth place in this list when it receives another USD 3 billion in the next nine months under the Stand-By Arrangement made with the Washington-based global lender on Thursday.
Fri, Jun 30, 2023
"The economy has faced several external shocks such as the catastrophic floods in 2022 that impacted the lives of millions of Pakistanis and an international commodity price spike in the wake of Russia's war in Ukraine," the BBC quoted Nathan Porter, IMF's mission chief for Pakistan, as saying in a statement issued on Friday.
Thu, Jun 01, 2023
This comes after Prime Minister Shehbaz Sharif's telephone conversation with Kristalina Georgieva, the managing director of the Washington-based lender, the previous weekend.
Tue, May 16, 2023
The IMF official said the country's economic prospects hinge quite critically on the implementation of the economic reform program it had agreed in particular for five key areas
Fri, Apr 28, 2023
Despite facing formidable challenges, India stands tall and steadfast, emerging as a beacon of resilience in the global economy., says IMF.
Wed, Apr 19, 2023
Debt-ridden Pakistan has shared its plan with the IMF to secure an additional USD 3 billion to meet the mandatory financing assurances laid by the global lender for it to release the country's stalled bailout plan, it emerged on Wednesday.
Sat, Apr 15, 2023
Finance Minister Sitharaman underlined the learning from the pandemic that digitalisation, especially digital public infrastructure (DPI) is a positive-catalyst for the global economy and how India`s DPI revolutionised access and created a vibrant entrepreneurial ecosystem.
Thu, Apr 13, 2023
In the last two years, global debt posted the steepest decline in decades and stood at 92 per cent of GDP at the end of last year, which is still about 8 percentage points above pre-pandemic projections.
Wed, Apr 12, 2023
IMF has reduced India's growth rate forecast for 2023-24 from 6.1% to 5.9%. Why did IMF reduce India's growth forecast? What will be its impact on the market? Know the complete details in this video.
The revision in Pakistan's growth prospects is in line with similar 0.4 per cent and 0.6 per cent projected last week by the World Bank and the Asian Development Bank, respectively.
According to the Finance Ministry, Sitharaman congratulated Gopinath for accelerating India`s work on the Global Sovereign Debt Roundtable along with the World Bank and reiterated New Delhi`s commitment to foster efforts to address growing debt vulnerabilities.
Tue, Apr 11, 2023
In its annual outlook, the IMF has cut India's growth projection from its earlier rate of 6.1 per cent. Meanwhile, China's growth rate is projected to be 5.2 per cent in 2023 and 4.5 per cent in 2024 against its growth rate of three per cent in 2022
The Washington-based financial institution said ageing populations would be one factor likely to lower inflation.
Thu, Apr 06, 2023
IMF chief said growth is expected to remain around 3 per cent for the next five years, calling it "our lowest medium-term growth forecast since 1990, and well below the average of 3.8 per cent from the past two decades."
The government of India estimates that, up to March 2021, about 1.1 per cent of GDP in expenditure was saved due to the digital infrastructure and other governance reforms
Wed, Mar 08, 2023
The International Monetary Fund on Tuesday welcomed the progress made by Sri Lanka in taking some decisive policy actions to address its economic woes and obtaining financing assurances from all their major creditors, including China, India and the Paris Club.
Tue, Feb 21, 2023
Facing a severe economic crisis amid depleting forex reserves, Pakistan will raise taxes on a bunch of luxury imports and services to unlock the next tranche of the International Monetary Fund (IMF) loan
Fri, Feb 03, 2023
Pakistan Economic Crisis: Pakistan's central bank said on Friday that its foreign exchange reserves have dropped by 16.1 per cent to USD 3.09 billion at the end of the last fiscal week, the lowest in nearly 10 years.
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