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Latest Articles in international monetary fund
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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IMF Predicts Global Inflation Set To Drop This Year Amid Subpar Economic Growth
According to the IMF's latest World Economic Outlook update, global economic growth is projected to fall from an estimated 3.4 per cent in 2022 to 2.9 per cent in 2023 before rising to 3.1 per cent in 2024
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Pakistan To Levy New Taxes To Obtain IMF Loan & To Avoid Default
Pakistan is already dealing with the aftermath of record-breaking floods that killed 1,739 people and destroyed 2 million homes in the summer of 2022
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Tough Times Ahead For Pakistan As Talks With IMF Fails
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the economy, while the visiting IMF delegation is asking for several reforms and compliance with its conditionality
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Pakistan At Beginning Of Worst Economic Crisis Since Country's Formation: Report
According to Geo-politik, Pakistan has taken fourteen loans from the IMF thus far, but ironically none of them has ever been completed and therefore, it raises serious questions about the capacity and capability of the Pakistani state to get out of this dead-end
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Central Banks Gov, China’s FM To Attend Debt Roundtable In India: IMF Chief
Georgieva has also stated last month that the first such meeting will take place in India on the sidelines of a meeting of Group of 20 finance officials
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India's Growth Set To Decline To 6.1% In 2023 From 6.8% In 2022: IMF
For emerging markets and developing economies, growth is projected to rise modestly, from 3.9 per cent in 2022 to 4.0 per cent in 2023 and 4.2 per cent in 2024
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Global 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
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