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"imf"

  • US wants G20 to help reshape multilateral development banks like IMF and World Bank

    US wants the G20 countries to help reshape and scale up multilateral development banks like the International Monetary Fund and the World Bank
  • As IMF reforms kick in, inflation in Pak stays high at 27.4 per cent

    Pakistan's inflation rate remained over the target in August at 27.4 per cent as reforms outlined as requirements for an IMF loan make it more difficult to control price pressures
  • Pak braces for civil war as govt seeks IMF help to handle increased public uproar against inflation

    Protests in Pakistan continue to gain momentum with each passing day as hundreds of thousands of locals burn their electricity bills, rejecting the imposed high tariffs and taxes
  • IMF sets mid-September dates for Sri Lanka bailout review

    IMF will conduct the first review of the USD 2.9 billion bailout to Sri Lanka from September 11-19, state minister of finance Ranjith Siyambalapitiya said
  • RBI Governor pitches for expeditious completion of quota review at IMF

    Governor Shaktikanta Das on Friday pitched for the "expeditious completion" of the general review of quotas at the International Monetary Fund
  • Pakistan witnesses downfall in productive, services sectors

    Pakistan is already struggling to keep up with IMF policies and these losses in production and services sectors are like an additional issue for the country
  • ‘Sri Lanka becoming revenue surplus country’

    2023 is "very crucial" for the island nation as the International Monetary Fund is scheduled to hold its review meeting in September, Minister of Finance Shehan Semasinghe said
  • IMF packages, foreign bailouts will not suffice to keep Pakistan’s economy afloat: Report

    International Monetary Fund (IMF) authorised a USD 3 billion bailout plan for Pakistan on July 12
  • IMF agrees to release $7.5 billion to cash-strapped Argentina

    The deal officially combines the fifth and sixth reviews of a 30-month USD 44 billion loan programme that was agreed to in 2022
  • IMF projects Indian economy to grow at 6.1 per cent in 2023

    Underlying (core) inflation is projected to decline more gradually, and forecasts for inflation in 2024 have been revised upward
  • Pakistan: Huge increase in power tariff to meet IMF demand

    The Pakistan cabinet approved a hike in power tariff on the recommendation of the National Electric Power Regulatory Authority
  • Pakistan lost USD 8.3 billion in remittances, exports in FY-2023

    Due to a lack of attention to these two big inflows, Pakistan lost considerably more than it received from IMF borrowings
  • Cash-strapped Sri Lanka gets parliamentary nod for domestic debt restructuring plan

    Special session of Sri Lanka's Parliament on Saturday overwhelmingly approved the cash-strapped government's domestic debt restructuring (DDR) plan
  • Crisis-hit Pakistan strikes USD 3 billion bailout deal with IMF

    IMF has agreed to inject USD 3 billion into the country's ailing economy after months-long negotiations that pushed it to the brink of default
  • Sri Lanka spares banks in its $19.8 billion local debt restructuring plan

    Sri Lanka is also seeking to reduce nearly $17 billion of its $41.5 billion foreign debt through restructuring
  • Pakistan PM Shehbaz Sharif asks IMF chief for early release of stalled bailout fund

    Pakistan Prime Minister Shehbaz Sharif held a phone call with IMF Managing Director Kristalina Georgieva on Tuesday
  • IMF chief asks Pakistan PM Sharif to resolve policy differences before getting much-needed loan

    IMF Managing Director Kristalina Georgieva has urged Pakistan's Prime Minister Shehbaz Sharif to resolve policy differences
  • Pakistan asks US to help revive stalled IMF programme

    Islamabad was asking the IMF staff to accomplish the pending 9th Review as a standalone for moving towards the release of $1.2 billion tranche
  • Cash-strapped Pakistan receives USD 1 billion from China

    Cash-strapped Pakistan has received USD 1 billion from its close ally China to support its critically low foreign reserves
  • Moody’s warns of ‘highly uncertain’ funding prospects for Pakistan

    Moody's Investors Service has warned that Pakistan's ability to secure loans from bilateral and multilateral partners will be severely constrained
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