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He said Sri Lanka's bridging finance requirements would depend on an agreement with the IMF being reached

Concerned By Food, Fertiliser Export Restrictions: IMF Amid Ukraine War

It welcomed India's decision recently to relax its originally announced ban on wheat exports, and allow some shipments to proceed

IMF's Georgieva Names Krishna Srinivasan To Head Asia-Pacific Dept

Georgieva said over the years, he has built an outstanding reputation as a first-rate collaborator and trusted advisor in his relationships with Fund colleagues and country authorities alike

Pakistan, IMF Likely To Reach Agreement In June: Finance Minister

Giving the breakdown of the external financing requirement, Ismail said Pakistan is to repay USD 21 billion in foreign debt in the next fiscal year

Modi's $5 Tn Economy Dream Not Before FY29, IMF Data Hints

Abhishek Sharma

There are several experts who argued that the target was beyond reach keeping an eye on the ongoing Covid-19 pandemic

High Oil Prices Behind Inflation In India, Monetary Tightening Required: IMF

In the short run, we think a commodity fiscal stance is appropriate, supporting vulnerable households and putting focus on infrastructure investment, the IMF official said responding to a question

IMF Extends Stalled Bailout Package For Pakistan, Loan Now $8 Billion

The understanding was reached after the crucial talks between Pakistan's newly-appointed Finance Minister Miftah Ismail and IMF Deputy Managing Director Antoinette Sayeh in Washington, The Express Tribune reported, citing sources

India's High Growth Rate Positive News For World: IMF MD

India is also committed to lead in renewable energy with the International Solar Alliance, another area where the world needs more determination, more progress, she said

Regulating Crypto Assets, Digital Currency India's Priorities: IMF Official

Overall, the IMF is looking at India in a very positive fashion, Tobias Adrian, Financial Counselor and Director of the Monetary and Capital Markets Department told PTI on Tuesday

IMF Cuts Global Growth Forecast Due To "Seismic Waves" From Russia's War In Ukraine

Further sanctions on Russian energy and a widening of the war, a sharper-than-forecast deceleration in China and a renewed flare-up of the pandemic could further slow growth and boost inflation, while rising prices could trigger social unrest

What Is Happening In Sri Lanka And How Did The Economic Crisis Start?

World

The country relies on the import of many essential items including petrol, food items and medicines. Most countries will keep foreign currencies on hand in order to trade for these items, but a shortage of foreign exchange in Sri Lanka is being blamed for the sky-high prices

Monitoring Political And Economic Developments In Sri Lanka 'Very Closely': IMF

President Gotabaya Rajapaksa on Monday dissolved the cabinet and appointed a new finance minister, while also seeking a new central bank governor

IMF Praises India's Announcement At COP26 To Adopt Net Zero Emissions By 2070

"As you know, India is currently one of the world's largest emitters, still heavily reliant on coal for electricity generation. And so, its actions may help catalyse action in other emerging market economies as well," he said.

Structural Reforms, Investment Liberalisation Can Help India's Integration In Global Value Chains: IMF

World

In recent years, policies to further liberalise FDI in agriculture, defence, telecommunications services and the insurance sector have helped India to attract FDI, which has also improved the current account financing mix and helped contain external vulnerabilities, the official said.

Pandemic Is Exacerbating Poverty And Inequalities: IMF