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International Monetary Fund (IMF)

IMF slaps 11 more conditions on Pakistan, flags tensions with India as big risk

IMF slaps 11 more conditions on Pakistan, flags tensions with Ind...

Sun, May 18, 2025

The Staff Level report, which the IMF released on Saturday, also said that "rising tensions between India and Pakistan, if sustained or deteriorate further, could heighten risks to the fiscal, external and reform goals of the programme".

A financial lifeline or cross-border terror fund? A summary of Pak’s IMF borrowing history

A financial lifeline or cross-border terror fund? A summary of Pa...

Sat, May 10, 2025

IMF approves $1.4 billion loan to Pakistan amidst ongoing economic crises, marking the latest in a long history of bailouts. Here's a look at Pakistan's repeated reliance on IMF support.

IMF clears $1 billion for Pakistan amid drone strikes on India; New Delhi warns of terror funding risk

IMF clears $1 billion for Pakistan amid drone strikes on India; N...

Sat, May 10, 2025

India abstains from vote, says IMF loans risk being diverted to fund cross-border terrorism; Pakistan celebrates ‘diplomatic win’

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IMF rejects Pakistan Federal Board of Revenue's request to reduce transaction taxes for property sector

IMF rejects Pakistan Federal Board of Revenue's request to...

Mon, Mar 24, 2025

The exact size of the funding under the RSF is not yet known, but it is expected that up to USD 1 billion will be provided under the Climate Resilience Fund (CRF). Pakistan's Finance Minister Muhammad Aurangzeb expressed hope on Friday that both sides would soon finalise the Staff Level Agreement.

Growth in India slowed more than expected: IMF

Growth in India slowed more than expected: IMF

Fri, Jan 17, 2025

Global headline inflation is expected to decline to 4.2 per cent in 2025 and to 3.5 per cent in 2026, converging back to target earlier in advanced economies than in emerging markets and developing economies, it added.

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

IMF says India's GDP growth to moderate to 7% in 2024 and 6....

Tue, Oct 22, 2024

India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, the International Monetary Fund (IMF) said on Tuesday.

Open to exploring more ways to increase India's collaboration with IMF: FM Nirmala Sitharaman

Open to exploring more ways to increase India's collaboratio...

Sat, Aug 17, 2024

During the meeting, Gopinath congratulated the Finance Minister on policy continuity in the fiscal consolidation path being followed by the Government of India.

IMF releases $336 million tranche to Sri Lanka amid 'knife-edged' path to debt sustainability

IMF releases $336 million tranche to Sri Lanka amid 'knife-e...

Thu, Jun 13, 2024

The IMF has disbursed the third tranche of USD 336 million from its USD 2.9 billion bailout package to Sri Lanka, despite the caution that the economy of the cash-strapped nation remains vulnerable.

IMF upgrades its forecast for China's economy, but says reforms are needed to support growth

IMF upgrades its forecast for China's economy, but says refo...

Wed, May 29, 2024

The IMF's report, issued late Tuesday, said the world's second-largest economy will likely expand at a 5% annual rate this year, based on its growth in the first quarter and recent moves to support the property sector.

IMF says 'significant progress' made in talks with Pakistan on new bailout package

IMF says 'significant progress' made in talks with Paki...

Fri, May 24, 2024

The IMF has said that “significant progress” has been achieved during talks with Pakistani officials towards reaching a staff-level agreement for an extended fund facility for the cash-strapped country.

Cash-strapped Pakistan makes formal request to IMF for another bailout

Cash-strapped Pakistan makes formal request to IMF for another ba...

Sat, Apr 20, 2024

Cash-strapped Pakistan also requested to dispatch the International Monetary Fund (IMF) review mission next month to firm up details of the next bailout package for three years under the Extended Fund Facility (EFF).

IMF applauds India for maintaining fiscal discipline in election year

IMF applauds India for maintaining fiscal discipline in election...

Fri, Apr 19, 2024

IMF recognised India for its fiscal discipline even in election year, as India emerges as one of the fastest major economies in the world

IMF tells Asian central banks not to follow Fed too closely

IMF tells Asian central banks not to follow Fed too closely

Fri, Apr 19, 2024

The IMF's staff analysis showed that U.S. interest rates have a "strong and immediate" impact on Asian financial conditions and exchange rates, Krishna Srinivasan, director of the lender's Asia and Pacific Department, said in a briefing on the region's outlook.

India to remain global growth driver in foreseeable future: IMF Executive Director

India to remain global growth driver in foreseeable future: IMF...

Wed, Apr 17, 2024

Subramaniam, India's former Chief Economic Adviser, said that the IMF has revised its projection for growth for India in 2024 to 7.8 per cent, which he emphasised reflects overall growth.

World moving towards recession but Indian economy expanding continuously: Experts on IMF report

World moving towards recession but Indian economy expanding conti...

Tue, Apr 16, 2024

According to IMF, countries with a demographic dividend could help support growth in the global workforce, in which nearly two in every three new entrants over the medium term will come from India and sub-Saharan Africa.

IMF reaches staff-level agreement with Sri Lanka for $337 million bailout

IMF reaches staff-level agreement with Sri Lanka for $337 million...

Thu, Mar 21, 2024

The IMF on Thursday said it has reached a staff-level agreement with Sri Lanka for the next phase that would enable it access to USD 337 million from the nearly USD 3 billion bailout approved in 2023 for the cash-strapped country.

IMF makes strong growth projections for India in 2024, says global 'soft landing' in sight

IMF makes strong growth projections for India in 2024, says globa...

Tue, Jan 30, 2024

The IMF's chief economist, Pierre-Olivier Gourinchas, stated that the global lender's updated World Economic Outlook indicated that a "soft landing" was imminent, but overall growth and global trade remained below the historical average.

IMF completes Sri Lanka's first review, allowing for disbursement of $337 million

IMF completes Sri Lanka's first review, allowing for disburs...

Wed, Dec 13, 2023

The Executive Board of the International Monetary Fund (IMF) has completed Sri Lanka's first review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the South Asian country to access about $337 million to support its economic policies and reforms.

India's macroeconomy sound, fiscally disciplined: International Monetary Fund

India's macroeconomy sound, fiscally disciplined: Internatio...

Sat, Oct 14, 2023

The overall macroeconomic environment in India is "pretty sound", it is fiscally disciplined and the central bank moved fast to bring inflation under control, said the International Monetary Fund (IMF).

IMF board to meet on July 12 to review Pakistan's loan agreement

IMF board to meet on July 12 to review Pakistan's loan agree...

Wed, Jul 05, 2023

Pakistan government and IMF reached a long-awaited staff-level agreement on June 29 to inject USD 3 billion into the ailing economy after months-long negotiations that pushed the country to the brink of default.

Who is Ajay Banga? Meet the Indian-American nominated to lead World Bank

Who is Ajay Banga? Meet the Indian-American nominated to lead Wor...

Fri, Feb 24, 2023

According to the White House, Banga has extensive experience leading successful organisations in developing countries and forging public-private partnerships to address financial inclusion and climate change.

Cash-strapped Pakistan's weekly inflation rise to 38.4%

Cash-strapped Pakistan's weekly inflation rise to 38.4%

Sat, Feb 18, 2023

The Sensitive Price Index (SPI), used to measure short-term inflation, rose to 38.42 per cent on a year-on-year (YoY) basis in the outgoing week, The Express Tribune newspaper reported, quoting the latest data of the Pakistan Bureau of Statistics.

International Monetary Fund says Ukraine to require at least $39.5-bn external financing in 2023

International Monetary Fund says Ukraine to require at least $39....

Sun, Dec 25, 2022

The Ukrainian economy, which was severely hit by the Russia-Ukraine conflict, is expected to shrink by between 32-35 per cent this year after a 3.4 per cent growth in 20

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