Inflation forecast cut to 2.8% as economy shrugs off tariff impact; FY27 growth seen at 6.2%
The setback deepens economic uncertainty and threatens investor confidence in Pakistan at a time when policy credibility is critically low.
Georgieva's remarks came ahead of next week's gathering of finance ministers and central bank governors at the World Bank and the IMF in Washington.
Rather than building financial independence, Islamabad continues to survive on loans. Its dependence on external bailouts is no longer just an economic problem but a geopolitical liability.
The timing of Pakistan’s underperformance comes amid renewed international scrutiny, particularly by India, which has intensified efforts to bring Pakistan back onto the FATF grey list.
July marks second consecutive month with PMI above 58, signalling robust industrial momentum despite global headwinds
The IMF's upgraded 2025 global growth forecast defies tariff war fears – here’s why optimism persists despite rising protectionism
Revised projection aligns with RBI’s estimate; IMF warns of downside risks from tariffs and geopolitical tensions
For low-cost export such as India, Gopinath was of the view that Trump’s aggressive tariffs may shrink growth prospects.
IMF has forecast India’s GDP in FY26 will surpass that of Japan, making it the fourth largest economy in the world. A spokesperson for BJP argues that the journey from the 11th to 4th largest economy over a 12-year period owes much to the policies and execution capacity of the Narendra Modi government
The Indian economy is likely to come out stronger compared to others, with IMF expecting only a 0.3 percentage points drop in growth to 6.2 percent compared with 6.5 percent projected earlier
India's provisional growth estimates for the fourth quarter as well as for the full year 2024-25 is due to be released on May 30.
Owaisi said the international community must recognise Pakistan as a “failed state” and take urgent steps to disarm its nuclear weapons.
The IMF board was scheduled to discuss both the review of the $7 billion program and a new sustainability loan for $1.3 billion over more than two years.
Over 200 Indian missions across the world have been active since India and Pakistan locked horns, with envoys in major countries giving on-record interviews for maximum impact
The Indian economy grew at 6.8 percent in 1999 against IMF’s prediction of 5.7 percent
The IMF’s executive board will meet on May 9 to review financing facilities extended to Pakistan
Taking a swipe at the economist, Kerala Congress said “Now Mr. Subramanian can return to WhatsApp University as a full-time faculty.”
Last year, India reportedly batted for ‘stringent monitoring’ of any emergency funds provided by the IMF to Pakistan, emphasising that such funds should not be redeployed towards defence bills or repayment of loans from other countries.
The IMF's projections, which incorporate some but not all tariff measures introduced this year, see the global economy growing by 2.8 percent this year.
The World Bank (WB) and the International Monetary Fund (IMF) have recognized that India can be the engine to pull the world in just about the 'positive zone', said Finance Minister Sitharaman.
The IMF’s latest Financial Stability Report underscores the growing impact of geopolitical tensions on global asset markets, warning that trade disruptions and policy uncertainty pose systemic risks
The prime minister highlighted the mining potential of the country and invited local and foreign investors to invest in Pakistan’s abundant natural resources.
The new agreement spans over 28 months under the Climate Resilience and Sustainability Facility which aims to help nations address climate challenges while committing to reforms.
The IMF recommends stronger supervision of individual loans, collateral valuation, connected borrower groups, and related-party transactions