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International Monetary Fund (IMF)

  • World

    Pakistan faces PKR 385 billion revenue deficit for July-December period

    by ANI January 22, 2025
    by ANI January 22, 2025

    Pakistan is facing a revenue shortfall of PKR 385 billion for the period between July and December 2024, ARY News reported on Wednesday, citing sources. According to ARY News, the …

  • Economy

    India’s growth momentum is intact despite global challenges

    by Mahua Venkatesh April 23, 2023
    by Mahua Venkatesh April 23, 2023

    The Economic Advisory Council to the Prime Minister (EAC-PM) is hopeful that India’s growth rate will be closer to 6.5 per cent even as the International Monetary Fund lowered the …

  • Economy

    Pakistan’s brain drain turns alarming as educated queue up to leave

    by Mahua Venkatesh April 23, 2023
    by Mahua Venkatesh April 23, 2023

    As Pakistan battles multiple crises –economic, political and security—all in one go, citizens are getting desperate to leave the country. In 2022, more than 800,000 citizens left the country. Data …

  • Economy

    Not just India, Nirmala becomes flag-bearer for Global South during IMF talks in Washington

    by Mahua Venkatesh April 13, 2023
    by Mahua Venkatesh April 13, 2023

    With rising debt burden hitting the Global South hard, Finance Minister Nirmala Sitharaman, who is in the US to attend the spring meetings of the International Monetary Fund (IMF) and …

  • World

    Is China blocking Sri Lanka’s access to an IMF bailout package?

    by Rahul Kumar February 23, 2023
    by Rahul Kumar February 23, 2023

    Voices are being raised in Sri Lanka about the dubious support that fast friend China is providing in Colombo’s bid to get a bail-out loan from the International Monetary Fund …

  • Economy

    Pakistani rupee hits all time low of 255 to a dollar amid economic meltdown

    by IN Bureau January 26, 2023
    by IN Bureau January 26, 2023

    Amid news that the International Monetary Fund (IMF) may resume the stalled loan package, the Pakistani rupee touched an all time low of 255 to a US dollar in the …

  • Economy

    Will IMF loans to Pakistan continue after cut in fuel prices?

    by Mahua Venkatesh December 16, 2022
    by Mahua Venkatesh December 16, 2022

    As Pakistan drastically slashed fuel prices, what will the International Monetary Fund’s (IMF) stand on the ongoing loan programme? Will the multilateral agency continue with the financial assistance programme for …

  • Economy

    Broke Pakistan may seek big bro China’s help on debt bail-out

    by Mahua Venkatesh December 12, 2022
    by Mahua Venkatesh December 12, 2022

    As Pakistan’s foreign exchange reserves held by its central bank fell to $6.7 billion during the week that ended December 2, Islamabad may have to look at restructuring its debt. …

  • Economy

    Will Pakistan default on its debt repayment despite assurances?

    by Mahua Venkatesh November 29, 2022
    by Mahua Venkatesh November 29, 2022

    Even as Pakistan assured that it will not fail in debt repayment due in early December, the risks of a possible default will linger. Jameel Ahmad, Governor, State Bank of …

  • Economy

    From World Bank to WTO head, PM Modi engages multilateral agencies at G-20

    by IN Bureau November 16, 2022
    by IN Bureau November 16, 2022

    Prime Minister Narendra Modi’s bilateral meetings are not confined only to the heads of the states. The Prime Minister has been actively holding meetings with chiefs and senior executives of …

  • World

    Sri Lanka holds second round of talks on debt restructuring as China remains aloof

    by IN Bureau November 5, 2022
    by IN Bureau November 5, 2022

    Sri Lankan state minister of finance Shehan Semasinghe told local media that the country is holding the second round of talks with its bilateral creditors. The island nation’s main bilateral …

  • Economy

    Pakistan’s economy still in ICU with forex level at record low

    by Mahua Venkatesh October 31, 2022
    by Mahua Venkatesh October 31, 2022

    Pakistan’s exit from the Financial Action Task Force’s (FATF) grey list has brought little cheer to the country’s economic managers even as estimates suggest that the cumulative real GDP losses …

  • Economy

    Pakistan society has become inherently intolerant: former FM

    by IN Bureau October 20, 2022
    by IN Bureau October 20, 2022

    Miftah Ismail, Pakistan’s former Finance Minister who resigned recently, said that in the last 75 years, the country has “built a society which was inherently intolerant.” He also said that …

  • Economy

    Team Modi sees PM Gati Shakti as a game changer on economic front

    by Mahua Venkatesh October 16, 2022
    by Mahua Venkatesh October 16, 2022

    The multi-trillion PM Gati Shakti infrastructure programme launched exactly a year ago by Prime Minister Narendra Modi has caught the attention of several global investors especially after Apple’s decision to …

  • Economy

    FM Sitharaman brainstorms preparations for G-20 with peers from Japan and South Korea

    by IN Bureau October 13, 2022
    by IN Bureau October 13, 2022

    Finance Minister Nirmala Sitharaman, who attended the 4th G20 meeting of finance ministers and central bank governors, highlighted that India’s economic revival journey has been marked by balancing the immediate …

  • Economy

    Are foreign investors packing their bags for India–the fastest growing major economy?

    by Mahua Venkatesh October 12, 2022
    by Mahua Venkatesh October 12, 2022

    Indian economic managers are unfazed by the revision of the country’s GDP growth projections. The International Monetary Fund (IMF) on Tuesday slashed India’s growth projection from the earlier 7.4 per …

  • Economy

    India to grow at around 7% this year despite headwinds: Sitharaman

    by IN Bureau October 12, 2022
    by IN Bureau October 12, 2022

    Finance Minister Nirmala Sitharaman has said that India is likely to register a growth rate of about 7 per cent this financial year. The International Monetary Fund (IMF) has reduced …

  • World

    Can Sri Lanka downgrade from middle-income to low-income country to get foreign funds?

    by Rahul Kumar October 10, 2022
    by Rahul Kumar October 10, 2022

    With Sri Lanka still on a weak wicket on the economic and financial fronts, it is looking at newer ways to access finances. The government is debating a proposal to …

  • Economy

    More worries for Pakistan’s exporters as Finance Minister vows to prop up local currency

    by Mahua Venkatesh October 9, 2022
    by Mahua Venkatesh October 9, 2022

    Will ‘Daronomics’ as Pakistan’s Finance Minister Ishaq Dar’s policies are referred to, lead to a further dent on the country’s already battered exports sector? Dar, who assumed charge late last …

  • Economy

    Another red flag goes up as Pakistan’s forex reserves dip below $8 billion mark

    by IN Bureau October 7, 2022
    by IN Bureau October 7, 2022

    Pakistan’s foreign exchange reserves have dipped below the psychological $8 billion mark to touch $7.8 billion during the week ended September 30. On September 23, the State Bank of Pakistan …

  • Economy

    Pakistan’s new Finance Minister will find it hard to clear the financial mess

    by Mahua Venkatesh October 5, 2022
    by Mahua Venkatesh October 5, 2022

    All eyes are on Pakistan’s new Finance Minister Ishaq Dar who completes a week in office. Needless to say, his measures will be scrutinised with a fine-tooth comb as the …

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