"imf"

The IMF approved a fresh US$ 1.2 billion disbursement to Pakistan under the Extended Fund Facility and Resilience Sustainability Facility, praising macroeconomic stability post-floods, while urging reforms in energy, public finances, and climate resilience to support sustainable growth

The government has appointed former RBI Governor Urjit Patel as India’s Executive Director at the International Monetary Fund for three years, replacing KV Subramanian. Patel, who earlier served at the AIIB and IMF, resigned as RBI Governor in 2018

GDP can open doors, but it is the human development indices that reveal whether people are walking through them

Following the 2024 ousting of Bashar al-Assad, countries are renewing ties with Syria. The IMF is planning reforms and capacity-building, but reconstruction could cost up to $400 billion

India registers its protest at the board of IMF; says the loan could be misused for financing state-sponsored cross-border terrorism

President Anura Kumara Dissanayake lifted the import ban on cars, having last week allowed only trucks, buses and double cabs

The IMF chief also pointed out a shift in market expectations, which leads to knock-on effects on asset prices and on exchange rates.

She said global growth is expected to be steady in 2025, but with regional divergence

The absence of a specialised regulatory authority and enforcement for the industry is too glaring to ignore

By snatching the mandate, they have dashed the nation's hopes," Khan alleged, the report said.

The emergence of BRICS Plus signifies a movement towards economic freedom from the hegemonic domination of the West

The PTI's letter, sent out ahead of the new prime minister Shehbaz Sharif's oath-taking on March 4, urged the IMF to give the poll results a thorough examination before cutting any new deal with Islamabad.

He noted that negotiations with the IMF are underway for a USD 6-billion-dollar agreement, which is crucial for the country's economic health.

Though IMF projects a positive picture of India's economic future, growing unemployment, inflation are big concerns

As per the report, the US will grow at 2.1 per cent, Germany will grow at 0.5 per cent, France at 1 per cent, Japan at 0.9 per cent and China at 4.6 per cent.

According to him, 45 per cent of the World Bank financing will go towards climate efforts.

He added that tough decisions had to be taken to set in the reforms to correct the economic wrongs of the past.

Sri Lanka had recorded a minus 8 per cent growth when it declared bankruptcy in April 2022

IMF staff directed Pakistan to devise a clear policy to detect 'suspicious transactions' in tax crimes

Pakistan's caretaker government and the IMF have reached a consensus on backup measures to be activated by the year's end