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International Monetary Fund

As poor nations' default wave peaks, cash shortage could take its place

The International Monetary Fund and others worry that a dangerous liquidity shortfall could take its place in many emerging economies - setting back development, stunting climate change mitigation and fuelling distrust in governments and Western institutions.

21 October 2024, 06:03 IST

As poor nations' default wave peaks, cash shortage could take its place

As poor nations' default wave peaks, cash shortage could take its place

As poor nations' default wave peaks, cash shortage could take its place

21 October 2024, 06:03 IST

IMF board approves $7billion bailout for Pakistan; tranche of $1.1billion expected this month

The development was announced by the Prime Minister’s Office (PMO) while a statement is expected from the IMF. The PMO said the premier expressed his satisfaction with the programme’s approval.

26 September 2024, 01:34 IST

IMF board approves $7billion bailout for Pakistan; tranche of $1.1billion expected this month

IMF board approves $7billion bailout for Pakistan; tranche of $1.1billion expected this month

IMF board approves $7billion bailout for Pakistan; tranche of $1.1billion expected this month

26 September 2024, 01:34 IST

Asian Development Bank retains India's growth forecast at 7% for FY'25

The ADB forecast comes a day after the International Monetary Fund revised upward its GDP growth projections for India to 7 per cent compared to 6.8 per cent projected in April.

17 July 2024, 10:19 IST

Asian Development Bank retains India's growth forecast at 7% for FY'25

Asian Development Bank retains India's growth forecast at 7% for FY'25

Asian Development Bank retains India's growth forecast at 7% for FY'25

17 July 2024, 10:19 IST

Pakistan hoping to reach fresh bailout package deal with IMF this month

Dollar-starved Pakistan is bending its back to the limits to clinch the International Monetary Fund (IMF) deal of more than $6 billion.

11 July 2024, 18:03 IST

Pakistan hoping to reach fresh bailout package deal with IMF this month: Finance Minister Aurangzeb

Pakistan hoping to reach fresh bailout package deal with IMF this month: Finance Minister Aurangzeb

Pakistan hoping to reach fresh bailout package deal with IMF this month

11 July 2024, 18:03 IST

Pakistan has met all requirements for IMF bailout deal, finance official says

Pakistan has set a tax revenue target of 13 trillion rupees ($47 billion) for the fiscal year that began on July 1, a near-40 per cent jump from the prior year, and a sharp drop in its fiscal deficit to 5.9 per cent of gross domestic product from 7.4 per cent the previous year.

03 July 2024, 07:41 IST

Pakistan has met all requirements for IMF bailout deal, finance official says

Pakistan has met all requirements for IMF bailout deal, finance official says

Pakistan has met all requirements for IMF bailout deal, finance official says

03 July 2024, 07:41 IST

Pakistan sets fiscal deficit target of 6.9% of GDP in 2024-25

Analysts expect the budget for the fiscal year to June 2025 to set ambitious fiscal targets as it looks to strengthen the case for a new bailout deal with the International Monetary Fund.

12 June 2024, 14:37 IST

Pakistan sets fiscal deficit target of 6.9% of GDP in 2024-25

Pakistan sets fiscal deficit target of 6.9% of GDP in 2024-25

Pakistan sets fiscal deficit target of 6.9% of GDP in 2024-25

12 June 2024, 14:37 IST

Sharif courts investments from China; guarantees fool-proof security of Chinese personnel from terror attacks

The 72-year-old leader embarked on his first visit to China after he took over as prime minister for the second term after his Pakistan Muslim League-Nawaz (PML-N) party-led coalition government assumed power in March.

05 June 2024, 16:50 IST

Sharif courts investments from China; guarantees fool-proof security of Chinese personnel from terror attacks

Sharif courts investments from China; guarantees fool-proof security of Chinese personnel from terror attacks

Sharif courts investments from China; guarantees fool-proof security of Chinese personnel from terror attacks

05 June 2024, 16:50 IST

India moves 100 metric tonnes of gold from UK to domestic vaults

As per the annual report of the central bank for FY24 released on Thursday, over 308 metric tonnes of gold is held in India as backing for notes issued, while another 100.28 tonnes is held locally as an asset of the banking department.

31 May 2024, 11:36 IST

India moves 100 metric tonnes of gold from UK to domestic vaults

India moves 100 metric tonnes of gold from UK to domestic vaults

India moves 100 metric tonnes of gold from UK to domestic vaults

31 May 2024, 11:36 IST

IMF raises India FY25 GDP forecast to 6.8% on back of strong domestic demand

For the world economy, the IMF raised its FY25 forecast to 3.2% from 3.1%, and for the United States to 2.7% from 2.1%.

16 April 2024, 13:00 IST

IMF raises India FY25 GDP forecast to 6.8% on back of strong domestic demand

IMF raises India FY25 GDP forecast to 6.8% on back of strong domestic demand

IMF raises India FY25 GDP forecast to 6.8% on back of strong domestic demand

16 April 2024, 13:00 IST

Sri Lankan President calls for legalising agreements with International Monetary Fund

Ranil Wickremesinghe’s remarks come barely three weeks after the IMF said it has reached a staff-level agreement with Sri Lanka for the next phase that would enable it access to $337 million from the nearly $3 billion bailout approved in 2023 for the island nation.

09 April 2024, 16:10 IST

Sri Lankan President calls for legalising agreements with International Monetary Fund

Sri Lankan President calls for legalising agreements with International Monetary Fund

Sri Lankan President calls for legalising agreements with International Monetary Fund

09 April 2024, 16:10 IST