International Monetary Fund (IMF)
Who is Ajay Banga? Meet the Indian-American nominated to lead World Bank
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.
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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.
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India 'a bright spot on otherwise darker horizon': IMF Managing Director Kristalina Georgieva
Thu, Oct 13, 2022
Prominent among the structural reforms are the "remarkable success" in digitalisation in India, from digital ID to providing all services and support on the basis of digital access," she said. "This has indeed been a huge factor for India's success," she said.
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Russia Ukraine War Effect: IMF dims outlook for 2023 global economy
Tue, Oct 11, 2022
IMF Managing Director Kristalina Georgieva, noting the grim backdrop to this week's fall meetings of the IMF and the World Bank in Washington, warned that the "risks of recession are rising" around the world and that the global economy is facing a "period of historic fragility."
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Sri Lanka Interim Budget: President Ranil Wickremesinghe says negotiation with IMF on bailout package is in final stage
Tue, Aug 30, 2022
President Wickremesinghe, who is also the finance minister of the cash-strapped country, told Parliament that the interim budget will lay the foundation for changing the economic design which existed in the country so far.
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Pakistan hikes prices of petroleum products by Rs 30 per litre, Check why?
Fri, May 27, 2022
The government hiked fuel prices so that it can resume receiving aid from a $6 billion package signed with the International Monetary Fund (IMF) in 2019, the country`s finance minister Miftah Ismail said.
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FM Nirmala Sitharaman US Visit: IMF chief hails India for its well-targeted policy mix to keep economy resilient
Tue, Apr 19, 2022
During her conversation with the finance minister, the IMF MD stressed India’s commitment to support economic growth through capital expenditure. She also praised India for its nuclear policy.
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Days after Taliban take over, International Monetary Fund blocks Afghanistan’s access to emergency reserves
Thu, Aug 19, 2021
The International Monetary Fund (IMF) has announced to block Afghanistan`s access to the emergency reserve worth USD 460 million as the Taliban`s control over the country has drawn uncertainty for the country`s future, a media report said.
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Important for Indian govt to heed RBI's message on financial stability, says IMF Chief Economist
Mon, Dec 10, 2018
It is important for the Indian government to heed the RBI's message on financial stability, IMF's Chief Economist Maurice Obstfeld said Sunday, amidst reports of friction between the central bank and the Finance Ministry.
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Structural reforms helping India absorb global shocks, official says
Mon, Oct 15, 2018
Addressing the annual meeting of the International Monetary Fund (IMF) in Bali on Saturday, Economic Affairs Secretary S.C. Garg expressed hope that prudent policy measures being undertaken in India would also help it contain the stress triggered by the high oil prices.
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'India would also be adversely affected by a slowdown in global trade'
Wed, Sep 26, 2018
International Monetary Fund (IMF) hints that rising global trade tensions could have a negative impact on growth by creating uncertainty and thereby dampening investment, including foreign direct investment (FDI). However, IMF observes that a slowdown in global trade and lower oil prices could obviate the need to further rate hikes in India.
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