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Latest Articles in international monetary fund

IMF Predicts Indian Economy To Grow At 6.1% In 2023

The IMF says that global growth is projected to fall from an estimated 3.5 per cent in 2022 to 3.0 per cent in both 2023 and 2024

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IMF Warns Of Global Food Insecurity Amid Black Sea Grain Deal Termination

The deal, which allowed safe passage for Ukrainian agricultural exports via the Black Sea, was recently scrapped

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After IMF Deal, Pakistani Stocks See Largest One-day Gain In 15 Years

The country on Friday secured a USD 3 billion short-term financial package from the IMF, giving its economy some much-awaited respite as it teeters on the brink of default

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Pakistan, IMF Reach An Agreement On $3 Bn Bailout

The deal, subject to approval by the IMF board in July, comes after an eight-month delay and offers some respite to Pakistan, which is battling an acute balance of payments crisis and falling foreign exchange reserves

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IMF Asks Pakistan To Revise Budget As Deadline Looms: Report

The IMF added that without changes in the budget, the staff-level agreement with the IMF cannot be achieved

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Time Is Running Out For Pakistan To Convince IMF To Release Loan

Moody, in its latest report, expressed fear that Pakistan might face default in case of failure of the IMF programme.

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Pakistan Finance Minister Hints At 'Plan B' As IMF Loan Remains Locked

Ishaq Dar expected little from the International Monetary Fund (IMF) beyond disbursements under the delayed ninth IMF review which would have released USD 1.1 billion instalments

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Trouble Mounts For Pakistan Govt As IMF Rejects Loan Request

Minister of State for Finance Dr Aisha Pasha, in a policy statement delivered during the National Assembly Standing Committee on Finance, stressed that Pakistan's only choice was to return to the IMF

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US Default Would Have Severe Global Consequences: IMF

Higher borrowing costs, broader global instability, and economic repercussions are only some of the events to occur in the event of a US default, according to the IMF

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IMF Raises Concerns About Bangladesh's Economy As Forex Reserves Fall

Persistent inflationary pressures, volatility in global financial conditions, and a slowdown in major advanced trading partners continue to weigh on its growth, foreign currency reserves, and its currency Taka

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Asia-Pacific To Grow 4.6% In 2023; India, China To Contribute Half Of Global Growth: IMF

The growth in the Asia Pacific region is also getting a fresh impetus from China's reopening of its economy after extended Covid-related restrictions

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PLI Scheme: As Corporations Shift Away From China, India Wants Prominent Role In Supply Chain

According to Finance Minister, India wants to become more integrated into global supply chains and compete with China

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Following Global Banking Crisis, IMF Reduces India's Growth Prediction To 5.9% For FY24

This is the lowest growth prediction for India by any multilateral development agency, with the World Agency and the Asian Development Bank projecting 6.3 per cent and 6.4 per cent growth, respectively

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India's Journey Highlights Lessons For Other Countries Embarking On Own Digital Transformation: IMF

The working paper 'Stacking up the Benefits Lessons from India's Digital Journey" said that India's stack's development is guided by a foundational building blocks approach and a focus on supporting innovation across the ecosystem

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Ukraine Receives First Tranche Of $2.7 Bn Financial Aid From IMF

On Friday, the IMF approved a new four-year extended arrangement under the Extended Fund Facility (EFF) of around USD 15.6 billion as part of a USD 115 billion total support package for Ukraine

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