Page 9 of IMF

Pakistan, Pakistan news, Pakistan latest news, Pakistan economy, IMF, Shehbaz Sharif, IMF news

Pakistan will unwillingly accept strict conditions of IMF deal, says PM Sharif

Once the deal is signed, the lender will issue over a $1 billion tranche from the $6.5 billion bailout agreed…

Updated: February 24, 2023 19:26 IST

IMF, IMF MD, India, GDP, Growth, Kristalina Georgieva, Economy

‘Bright spot in world economy’: IMF MD Georgieva says, India to contribute 15% of global growth in 2023

According to Georgieva India has taken “a very brave step with the digital ID” that put the foundation for digitalization…

February 22, 2023 20:02 IST

Take steps to function as a country: IMF tells cash-starved Pakistan

In an interview with the German state broadcaster Deutsche Welle on the sidelines of the Munich Security Conference in Germany…

Updated: February 20, 2023 11:26 IST

Explainer:The impasse over Pakistan’s IMF bailout

Sarthak Ray takes a look at the bailout, why it is stuck, and what lies ahead for Pakistan.

Updated: February 13, 2023 07:52 IST

IMF delays bailout package for Pakistan, discussions to continue

Pakistan, whose foreign exchange has dropped below USD 3 billion, is in desperate need of financial assistance and a bailout…

Updated: February 10, 2023 13:58 IST

India is Sri Lanka’s biggest friend in time of crisis, says PM Dinesh Gunawardena

Sri Lanka declared bankruptcy last year and defaulted on its USD 51 billion foreign loans for the first time since…

Updated: February 8, 2023 13:29 IST

IMF giving Pakistan tough time over unlocking funds, PM Shehbaz Sharif says

Sharif made the comments in a meeting of civil and military leaders in the northwestern city of Peshawar he chaired…

Updated: February 3, 2023 13:23 IST

IMF, economic crisis, Pakistan, economic reforms, fiscal reforms, funding, import, fuel subsidies, local currency, interest rates, energy costs

Pakistan, IMF start talks to unlock crucial $7 billion bailout

Finance Minister Ishaq Dar met IMF Pakistan Mission Chief Nathan Porter, the finance ministry said, and briefed him on the…

January 31, 2023 16:40 IST

IMF upgrades its outlook for the global economy in 2023

The IMF, a 190-country lending organisation, foresees inflation easing this year, a result of aggressive interest rate hikes by the…

Updated: January 31, 2023 09:33 IST

Expecting slowdown in Indian economy to 6.1 % in 2023 from 6.8 % in 2022, says IMF

The IMF on Tuesday released the January update of its World Economic Outlook, according to which the global growth is…

Updated: January 31, 2023 10:52 IST

Inflation in India expected to come down to 5 % in 2023 and 4 % in 2024, says IMF

“Inflation in India as in other countries is expected to come down from 6.8 percent in 2022 to 5 percent…

Updated: January 31, 2023 10:52 IST

pakistan, pakistan economy, pakistan bailout, pakistan economic package,

Cash-strapped Pakistan’s rupee plunges amid talks with IMF

Analyst Ahsan Rasool says the rupee’s decline is a sign that Pakistan was close to securing the much-needed loan from…

January 26, 2023 16:42 IST

Sri Lanka thanks India for its generous support, assurances given to the IMF to restructure its debt

Jaishankar, who is here on a two-day visit, on Thursday met Sri Lanka’s top leadership, including his Sri Lankan counterpart…

Updated: January 20, 2023 10:27 IST

sri lanka, sri lankan economy, sri lanka debt

India’s response to Sri Lanka’s request for debt restructuring expected by January end: Wickremesinghe

Sri Lanka was hit by an unprecedented financial crisis in 2022 due to a severe paucity of foreign exchange reserves…

January 7, 2023 16:15 IST

Recession will hit a third of the world this year, warns IMF chief Kristalina Georgieva

It comes at a time when the ongoing conflict in Ukraine shows no signs of abating after more than 10…

Updated: January 2, 2023 15:07 IST

Gita Gopinath, IMF, G20, G20 presidency, G-20 deliberations, crypto

G20 under India can make good progress on crypto and climate finance: Gita Gopinath

About 44% of the funding for debt relief comes from the IMF and other multilateral institutions, and the remaining from…

December 16, 2022 01:30 IST

Role of green financing in supporting ESG goals of India

Extreme climate events of the past year evidence the urgency for climate funding, not only for mitigation but also adaptation…

Updated: December 5, 2022 18:33 IST

Pakistan, Pakistan news, Pakistan latest, Pakistan latest news, Pakistan economy, IMF, International Fund, Pakistan economy

Pakistan, IMF begin online talks on $7 billion loan review

Pakistan reserves stood at $7.8 billion as of Nov. 18, barely enough to cover imports for a month. The Pakistan…

Updated: November 28, 2022 21:42 IST

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The RBI’s same-day cheque clearance system faced challenges during its test run, revealing gaps in staff training and execution. The auto process failed due to scanning errors and insufficient training, causing delays and rejections. This highlights the importance of aligning people, processes, and habits in digital transformation.

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