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Report: Pakistan likely to get $700M from IMF as next tranche of bailout this month

2 Jan 2024 7:58 AM GMT
The initial tranche of USD 1.2 billion was released in July

IMF raises India's growth forecast to 6.3 %; PM Modi says India is global bright spot powered by strength & skills of people

11 Oct 2023 7:48 AM GMT
IMF yesterday raised India's GDP projection to 6.3 per cent even as it slashed the global growth forecast to three per cent

Sri Lanka: IMF to conduct bailout review in September

13 Aug 2023 8:22 AM GMT
The key sector state institutions are to be privatised such as the national carrier Srilankan Airlines

IMF finally approves $3 billion bailout for Pakistan

13 July 2023 5:16 AM GMT
The development came two weeks after the two sides reached a staff-level agreement over the stand-by arrangement

Nirmala Sitharaman's prediction for India's economy as IMF cuts global growth

12 Oct 2022 6:43 AM GMT
However, despite the slowdown, India would remain the fastest-growing major economy

IMF lowers India's growth forecast to 6.8% for 2022-23

11 Oct 2022 1:12 PM GMT
However, the IMF cautioned that the monetary policy could miscalculate the right stance to reduce inflation

US economy will 'narrowly avoid' recession in 2022 and 2023: IMF

25 Jun 2022 7:02 AM GMT
The Fed’s plan of quickly getting its benchmark rate to 3.5% to 4%

Petrol selling at Rs 180/L in Pakistan after govt lifts subsidy

27 May 2022 10:42 AM GMT
This comes a day after the talks between the Pakistan government and the IMF in Qatar failed to reach an agreement on an economic bailout

IMF warns against global economic fragmentation from Ukraine war

23 May 2022 5:29 AM GMT
Countries should diversify imports to secure supply chains and reduce output losses from interruptions, they said

Sri Lanka's usable foreign reserves drop to record low

5 May 2022 5:29 AM GMT
Sri Lanka's Finance Minister Ali Sabry on Wednesday hailed India's assistance during its talks with the IMF

Russia-Ukraine war will have 'Severe Impact' on global economy, warns IMF

6 March 2022 5:39 AM GMT
Issuing an official statement, the global lender said the war in Ukraine was already driving energy and grain prices higher

Gita Gopinath, an Indian-American, has been promoted to the IMF's First Deputy Managing Director position

3 Dec 2021 6:39 AM GMT
Gita Gopinath served as the IMF's top economist for three years until returning to her teaching job at Harvard University in January 2022