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Latest Articles in international monetary fund
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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Debt Restructuring Talks With India, China Are Successful: Lankan Prez Wickremesinghe
Sri Lanka is awaiting the IMF bailout to relieve the worst-ever economic crisis the country is going through
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India Backs Sri Lanka's IMF Debt Restructuring Plan: Report
Sri Lanka is experiencing its worst economic crisis since its independence from Britain in 1948 and policymakers have been dealing with a slew of issues over the last year, including a dollar shortage, rampant inflation and a steep recession
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We Place High Value On India's G20 Leadership: IMF MD
India on 1 December formally assumed the G20 Presidency and the next G20 Leaders' Summit at the heads of state and government level is scheduled for 9 and 10 September in New Delhi
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Pak PM Sharif Meets IMF Chief To Break Deadlock Over Next Aid Tranche
PM Shehbaz Sharif also sought a reduction in the demand for higher electricity prices to compensate for a Rs 500 billion deviation from the annual circular debt management plan
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Global Economy To Face Challenges In 2023: IMF Chief Georgieva
According to the IMF's head, 2023 will be a difficult year for much of the global economy because the main engines of global growth – the United States, Europe and China – are all experiencing weakening activity
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IMF Asks Pakistan To Meet Its Demands Within 3 Weeks To Resume Loan Programme
International Monetary Fund has shared a list of prerequisite actions with Pakistani authorities for moves towards implementing them in the next three weeks if they are keen to revive the loan programme
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IMF Approves $3 Bn Loan To Egypt Amid High Inflation, Forex Shortages
Approval of the USD 3 billion loans allows for an immediate disbursement of approximately USD 347 million to Egypt, which will help meet the balance of payments needed and provide support to the budget
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