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Latest Articles in international monetary fund

IMF Money To Arrive In Cash-starved Pakistan By August-end: Report

The move follows the completion of the USD 4 billion in bilateral financing from four friendly nations and would pave the way for immediate disbursement, expected to be in Pakistan's account before the end of working hours on August 31

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Ukraine Aims For USD 15-20 Billion IMF Loan By Year-End: Central Bank Governor

Ukraine aims to strike a deal for a USD15-USD 20 billion programme with the International Monetary Fund before year-end to help shore up its war-torn economy, the country's central bank governor Kyrylo Shevchenko told Reuters

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Bangladesh Requests Loan From IMF; Economists Say 'Reforms In Financial Sector' Needed

Bangladesh has formally requested for a USD 4.5 billion loan from the Washington-based multilateral lender IMF to combat the ongoing financial crisis in the country, according to a media report

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IMF Cuts Global Growth Forecasts, Warns High Inflation Threatens Recession

Global real GDP growth will slow to 3.2 per cent in 2022 from a forecast of 3.6 per cent issued in April, the IMF said in an update of its World Economic Outlook. It added that world GDP actually contracted in the second quarter due to downturns in China and Russia

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IMF Sees US Economy Narrowly Avoiding Recession In 2022 and 2023

The Fund, while acknowledging price pressures in America going beyond energy and food prices, suggested the Biden administration to roll back tariffs that have been placed on aluminium, steel and a range of Chinese goods over the past five years

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IMF Asks Pak To Renegotiate CPEC Energy Deals Before Making Payments: Report

These plants had been set up under the CPEC framework agreement. The IMF's demand came after China's refusal in the past to renegotiate the terms of agreements with the independent power producers (IPPs)

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Global Energy Prices To Affect Indian Economy: IMF MD

The head of the International Monetary Fund (IMF), during a media round table on Thursday on the Russian invasion of Ukraine, told a select group of reporters that the most significant channel of impact on the Indian economy is energy prices

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Pakistan Refuses IMF's Proposal To Renegotiate Loan Fearing New Conditions

Pakistan and the IMF had signed a USD 6 billion deal in July 2019 but the programme was derailed in January 2020 and restored briefly in March, 2021 before again going off the track in June, 2021.

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Economist Gita Gopinath To Return To Academics

Gopinath is IMF’s first female chief economist. She is known for drafting a $50 billion proposal on ending the pandemic through vaccinations. She led the analytical research at IMF on issues like climate change and Covid-19 pandemic.

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India Doing Well In Terms Of Vaccinating People, Says International Monetary Fund

According to the latest WEO update, released ahead of the annual meeting of the IMF and the World Bank, India’s economy which contracted by 7.

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IMF Head Meets With Board Probing Data-Rigging Allegations

The IMF is investigating allegations that in 2018 World Bank employees were pressured to alter data affecting its business-climate rankings of China and other nations.

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IMF Reduces Global GDP Growth Forecast For 2021

According to IMF Chief, Kristalina Georgieva, the reasons include debt, inflation and divergent economic trends in the wake of COVID-19 pandemic. Inequality with respect to the availability of vaccines also poses a threat to the growth of the global economy.

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Forex Reserves Decline USD 4 Bn To USD 603.93 Bn On Slide In Gold Assets

The country's reserve position with the IMF also decreased by USD 46 million to USD 4.965 billion in the reporting week

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Indian Economist Kalpana Kochhar To Retire From IMF Next Month

Kochhar oversaw the Fund’s HR policies and the recruitment and retention of more than 4,000 IMF employees from nearly 150 countries based in Washington, DC, and in overseas offices.

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Big Economies Agree To Boost IMF Funding, Georgieva Says

G20 finance officials on Friday expressed broad support for boosting the IMF's emergency reserves after new U.S. Treasury Secretary Janet Yellen dropped the opposition of her predecessor

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