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Latest Articles in international monetary fund
US Default Would Have Severe Global Consequences: IMF
Higher borrowing costs, broader global instability, and economic repercussions are only some of the events to occur in the event of a US default, according to the IMF
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IMF Raises Concerns About Bangladesh's Economy As Forex Reserves Fall
Persistent inflationary pressures, volatility in global financial conditions, and a slowdown in major advanced trading partners continue to weigh on its growth, foreign currency reserves, and its currency Taka
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Asia-Pacific To Grow 4.6% In 2023; India, China To Contribute Half Of Global Growth: IMF
The growth in the Asia Pacific region is also getting a fresh impetus from China's reopening of its economy after extended Covid-related restrictions
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PLI Scheme: As Corporations Shift Away From China, India Wants Prominent Role In Supply Chain
According to Finance Minister, India wants to become more integrated into global supply chains and compete with China
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Following Global Banking Crisis, IMF Reduces India's Growth Prediction To 5.9% For FY24
This is the lowest growth prediction for India by any multilateral development agency, with the World Agency and the Asian Development Bank projecting 6.3 per cent and 6.4 per cent growth, respectively
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India's Journey Highlights Lessons For Other Countries Embarking On Own Digital Transformation: IMF
The working paper 'Stacking up the Benefits Lessons from India's Digital Journey" said that India's stack's development is guided by a foundational building blocks approach and a focus on supporting innovation across the ecosystem
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Ukraine Receives First Tranche Of $2.7 Bn Financial Aid From IMF
On Friday, the IMF approved a new four-year extended arrangement under the Extended Fund Facility (EFF) of around USD 15.6 billion as part of a USD 115 billion total support package for Ukraine
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State Bank Of Pakistan Likely To Raise Interest Rate To Unlock IMF Loan Programme
The Shehbaz Sharif-led government is adopting desperate measures to obtain much-needed funds, but the IMF is not pleased with the incumbent government's previous actions
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Pakistan's Economy Now Depends On Gulf States To Bailout Crisis
The IMF review mission was forced to put forth this condition because representatives of these countries are on the Executive Board of the IMF
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Delay In IMF Deal May Cause Pakistan To Pause Repayments, US Bank Warns
A top official source said the revival of the IMF programme will allow Islamabad to increase required dollar funding from all possible avenues, including getting rollover of upcoming China's SAFE deposits to the tune of USD 2 billion under the planned schemes
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Pakistan Seeks Assurance From Saudi Arabia To Unlock IMF Deal
Saudi deposits nod is crucial for clinching the IMF deal as Pakistan facing difficulty in its talks with IMF due to China-US hostility and IMF is reluctant to give any time frame for finalising the deal while the country is in economic chaos, reported Geo News
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Pakistan's Budget Deficit Projections Revised To History's Highest At Rs 6.22 Trillion
The classification by the IMF of Pakistan's public debt as sustainable or not will be one of the key outcomes of discussions between Pakistan and the IMF on the current programme review, according to a position paper the firm shared with the country's top public offices
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Indian Economy To Contribute More Than 15% Of Global Growth: IMF MD
Georgieva described India's strong economic performance as a “bright spot,” adding that, in addition to being the global growth engine, India is uniquely positioned to bring countries together
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India, China To Contribute More Than Half Of Global Growth In 2023: IMF
As global headwinds have eased and food and oil prices have fallen, Asia is expected to grow at 4.7 per cent in 2023 and 4.5 per cent in 2024, according to the report
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Pakistan's Current Situation Most Difficult In Last 2 Decade: Report
The floods in Pakistan came as a severe blow to the cash-strapped nation already grappling with high debt, the South Asia Press reported, adding that the country's planning commission, agriculture, food, livestock and fisheries sectors lost USD 3.7 billion in the floods with long-term losses estimated to be around USD 9.24 billion
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