Page 4 of IMF

Pakistan to discuss Extended Fund Facility with IMF next month, says Finance Minister Muhammad Aurangzeb

“We have expressed our strong interests in an Extended Fund Facility with the IMF, but the quantum is not clear…

March 22, 2024 17:29 IST

India needs to grow at 8 pc on sustained basis to create sufficient jobs: KV Subramanian

“By growing at 8 per cent, we have the potential to create a lot of jobs, thereby reducing poverty and…

March 20, 2024 19:03 IST

IMF reaches staff-level agreement with Pakistan on releasing last tranche of $3 billion bailout

The release of the final tranche is subject to the approval of the IMF’s Executive Board, the global lender said.

Updated: March 20, 2024 11:55 IST

IMF criticises Pakistan finance ministry declaration that all targets have been achieved

A team from the International Monetary Fund has reached Islamabad to hold talks before releasing the much-needed final $1.1 billion…

Updated: March 15, 2024 12:43 IST

Focus on timelines, predictability at next sovereign debt roundtable, IMF chief Kristalina Georgieva says

Georgieva told Reuters she hoped to make progress on the issue when the roundtable – which includes debtor countries and…

Updated: February 28, 2024 09:00 IST

US Treasury Secretary Janet Yellen says global economy remains resilient, lauds US as growth driver

In excerpts of her remarks released by Treasury, Yellen said the International Monetary Fund and other forecasters had projected a…

Updated: February 27, 2024 11:12 IST

imf loans to pakistan, pakistan imf loans, imf, pakistan, world news

Pakistan says IMF conditions for USD 1.2 billion tranche met

The IMF would review the implementation of these targets during the loan negotiations under the second review of the USD…

February 25, 2024 17:40 IST

International Monetary Fund, IMF, topnews, latest news, business news, top news,

IMF raises India’s FY24 growth forecast to 6.7 per cent

The IMF’s estimate is also 30 bps lower than the RBI’s estimate of 7.0% for FY24. On the Fund’s projection,…

January 31, 2024 01:45 IST

Economy to grow at 7 per cent in FY25: Govt

Anantha Nageswaran said the Indian economy will become the third largest economy in the next three years with a $5…

January 30, 2024 01:45 IST

IMF, RBI, top news, latest news, business news, opinion article,

Is the IMF right on the rupee?

Movement over Dec 2022-Oct 2023 shows RBI may have been trying to keep the rupee weak.

December 26, 2023 04:30 IST

GDP, GDP growth, Indian economy, economic growth, investments, taxes, consumption, RBI, rate cut, inflation

India’s post Covid resilience highest among top 10 economies, expected to surpass $4 trillion by 2024-25, says PHD Chamber

The size of the Indian economy is expected to surpass $4 trillion by 2024-25, $5 trillion by 2026-27, and $7…

December 20, 2023 16:03 IST

Advanced economies' experience in their own history of money is also a very valuable experience, Georgieva said

IMF chief says rules, infrastructure needed to prevent crypto risks

Kristalina Georgieva said high crypto asset adoption could affect the effectiveness of monetary policy transmission

December 14, 2023 11:30 IST

IMF revises Pak’s foreign loan requirement to USD 25 bn: Report

Finance Secretary Imdadullah Bosal on Thursday said the interim government was comfortable that it would secure the needed financing to…

November 18, 2023 12:32 IST

Need a more effective role: Re-channelise these through MDBs, and rethink the quota system for allocation

SDRs are allocated based on a country’s IMF quota (akin to the paid-in share capital of a company), and a…

November 2, 2023 04:30 IST

India-China to contribute half of world’s growth in 2023, 2024: IMF

The upward revision of India’s FY24 growth forecast by 20 basis points by the IMF was done due to resilient…

October 19, 2023 05:00 IST

Pakistan’s Key CPEC Railway Project: IMF conditions threaten ambitious ML-1 upgrade – All you need to know

The framework agreement for ML-1 was signed in May 2017, with an estimated cost of USD 9.8 billion. However, the…

October 15, 2023 08:01 IST

Sri Lanka, debt revamp deal, economic crisis, IMF bailout, debt restructuring, bilateral creditors, overseas debt

IMF seeks more talks with Sri Lanka on review of bailout program

An IMF team completed its visit to Sri Lanka as part of its first review of the funding pact, saying…

September 28, 2023 09:57 IST

The Africa connection: India must step up development cooperation with the 55 countries of this continent

There are as many as seven African countries out of the 12 emerging and developing countries that are expected to…

September 16, 2023 06:25 IST

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Lotus blooms at Navi Mumbai

Business15 min ago

The Navi Mumbai International Airport, shaped like a lotus, blends tradition and modernity. The first phase, to be opened by PM Modi, has digital screens showing flight info and promoting Maharashtra and India’s culture. It aims to reduce passenger anxiety with technology, pre-booked parking, digital art, and a unique “Bombay Bond” food hall.

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