International Monetary Fund

Pakistan raises key interest rate to 12.25 per cent

The data of the bank showed that the key interest rate gradually surged by a total of 6.5 percentage points since January 2018.

published on : 20th May 2019

Imran Khan calls meeting to discuss USD 6 billion IMF deal amid economic crisis

Pakistan, currently battling to stave off an economic crisis, secured the bailout from the global lender on Sunday night.

published on : 13th May 2019

Pakistan reaches agreement with IMF, to get USD six billion for three years

The agreement now awaits formal approval by the International Monetary Fund (IMF) board.

published on : 12th May 2019

Forex kitty continues to swell, adds another USD 1.1 billion

Reserves had increased by USD 1.876 billion to USD 413.781 billion last week.

published on : 19th April 2019

IMF likely to delay bailout package to Pakistan as talks for finalising deal still on

Pakistan Finance Minister during a press conference said the two sides had more or less, reached an understanding on the bailout package and in a day or two, we hope to reach a full agreement.

published on : 15th April 2019

India has scope for reducing untargeted food, fertiliser subsidies: IMF 

Responding to a question on announcements made by political parties during this election season, Mauro said in India's case, the priority continues to be gradual fiscal consolidation.

published on : 11th April 2019

Some reforms in India show benefits of digitalisation: IMF

The introduction of e-procurement in India and Indonesia increased competition and led to a better quality of construction.

published on : 10th April 2019

IMF chief warns of high Arab public debt

Lagarde said public debt among Arab oil importing nations had increased from 64 percent to 85 percent of Gross Domestic Product in the decade since 2008.

published on : 9th February 2019

China to provide USD 2.5 billion loan to Pakistan to boost foreign cash reserves

Pakistan is nearly broke with the drying up of foreign cash reserves and mounting external debt.

published on : 2nd February 2019

Not dissatisfied with functioning of RBI, Arun Jaitley says in Lok Sabha 

RBI Deputy Governor Viral Acharya had raised concerns over the autonomy of the central bank, triggering speculations that the government and the central bank were not same page on many issues.

published on : 29th December 2018

Raghuram Rajan, Gita Gopinath see crisis risk if India focuses only on growth

This simply means India, a predominantly domestic consumption-driven economy, needs a much greater focus on macroeconomic stability than some of its Asian peers.

published on : 14th December 2018

US to oppose IMF bailout to Pakistan to repay Chinese debt: top official

Cash-strapped Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.

published on : 13th December 2018

Slim chance of Pakistan getting IMF bailout by January 15

Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.

published on : 7th December 2018

Donald Trump goes it alone on trade, the climate at tense G20 

Trump said his predecessor's passing would prevent him holding a post-summit news conference scheduled for later Saturday, "out of respect" for the Bush family.

published on : 2nd December 2018

US seeks full transparency on China's debt to Pakistan

Responding to a question, Malpass said that in some cases the terms of the Chinese debt are not given to the borrower nor to the international community.

published on : 29th November 2018
1 2 3 >