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Latest Articles in imf
Pak Govt Accepts One More IMF Demand, Imposes Power Surcharge From Next Fiscal Year
The decision has been taken to generate PKR 335 billion more in revenue over the next fiscal year to finance the power sector's debt and liabilities, as per the news report
Read MoreAmid Economic Crisis, Pakistan Taxing Its Own Citizens For IMF Deal
The country's economy is currently in a "tailspin" due to the IMF's holdup in releasing financing
Read MoreGlobal Growth Likely To Fall From 3.4% In 2022 To 2.9% In 2023: IMF
Global inflation is expected to fall from 8.8 per cent in 2022 to 6.6 per cent in 2023 and 4.3 per cent in 2024, still above pre-pandemic (2017–19) levels of about 3.5 per cent
Read MorePoor Countries Will Require $500 Bn In External Financing By 2026: IMF
According to the IMF, the fiscal position of low-income countries is increasingly under stress as governments ramped up spending to address the impact of the pandemic and the war in Ukraine and protect the vulnerable from high food and fuel prices, resulting in increased debt vulnerabilities
Read MoreSri Lanka May Miss Next Month’s IMF Loan Deadline: Analysts
According to a Lankan newspaper, if the country misses the December IMF deadline, it will have to wait until March 2023 to receive a USD 2.9 billion loan from the IMF in eight equal instalments
Read MoreGlobal Economic Outlook Gloomier Than Projected Last Month: IMF
The global lender last month cut its global growth forecast for 2023 to 2.7 per cent from a previous forecast of 2.9 per cent
Read MoreSri Lanka’s Inflation Rate Eases To 66% Amid Economic Crisis
Easing inflation rate could be the result of the decrease in fuel price, which has lowered twice in October, however, the inflation rate is still higher than the previous year
Read MoreIMF Should Increase Resources For Emerging & Low-Income Countries: FM Sitharaman
The FM urged IMF to avail more resources for emerging nations to help safeguard global financial system
Read MoreAsia Sails Into Headwinds From Rate Hikes, War, China Slowdown: IMF
"Asia’s strong economic rebound early this year is losing momentum, with a weaker-than-expected second quarter," it said
Read MoreIMF Slashes India’s FY 2022-23 Growth Forecast To 6.8%
The United States (US) is likely to grow at 1 per cent while Russia, Italy, and Germany were forecast to suffer a decline in economic growth, the IMF said
Read MoreCrisis-Hit Sri Lanka Strikes Staff-Level Pact With IMF On Loan-Report
The island nation, struggling with its worst economic crisis in more than seven decades, had sought up to USD three billion from the IMF
Read MoreFormer CEA K Subramanian Appointed As Executive Director For India at IMF
Subramanian's term will begin from November and will continue for a period of three years or until further orders, whichever is earlier
Read MoreIMF Wants Stability In Sri Lanka To Resume Talks On Bailout Deal
Sri Lanka is going through a deepening political and economic crisis. President Gotabaya Rajapaksa has resigned, and Parliament Speaker Mahinda Yapa Abeywardenaon officially announced on Friday, after a week of dramatic developments and massive protests against the government for mishandling the economy that has bankrupted the country
Read MoreIMF Sets Tough Conditions For Pak To Revive $6 Bn Loan Facility: Report
The MEFP will form the basis for the staff level agreement that now Pakistani authorities will try to achieve at the earliest
Read MoreCash-Strapped PAK Secures Deal With IMF Ro Restore $6 Mn Package
We have now locked the budget in consultation with the IMF, Finance Minister Ismail told journalists
Read More