CO-PRESENTING PARTNERS
LIVE COVERAGE AND VIDEO PARTNERS
PARTNERS
CO-PRESENTING PARTNERS
LIVE COVERAGE AND VIDEO PARTNERS
PARTNERS
Feb 02, 2023 03:30 PM ISTIn an interview to PTI, Seth said that an IMF paper on crypto assets was discussed among emerging economies on January 15 and 16 in Delhi.
Jan 31, 2023 04:27 PM IST Finance Minister Ishaq Dar met IMF Pakistan Mission Chief Nathan Porter, the finance ministry said, and briefed him on the "fiscal and economic reforms and measures being taken by the government in different sectors".
Jan 31, 2023 02:41 PM IST More than $1 billion funding has been delayed since November last year over fiscal consolidation issues as part of the lender's ninth review of its Extended Fund Facility, which is meant to help countries facing a balance-of-payment crisis.
Jan 31, 2023 07:48 AM IST On its most recent update to the World Economic Outlook, the IMF sees growth in emerging market and developing economies at 4.0% in 2023, 0.3 percentage point higher than its October projection, and 0.1 percentage point higher than the 3.9% estimate for 2022. For 2024, the projection is for a 4.2% expansion.
Jan 31, 2023 07:17 AM IST World growth has been bogged down by fallout from Russia's invasion of Ukraine last year, economic downturns and efforts to rein in spiraling costs of living.
Jan 31, 2023 07:01 AM IST Gourinchas said that while global inflation developments were encouraging, the battle is "far from won"
Jan 31, 2023 07:00 AM IST The multilateral agency expects the global consumer inflation to drop sharply from 8.8 percent in 2022 to 6.6 percent in 2023 and then again to 4.3 percent in 2024
Jan 31, 2023 06:44 AM IST The funding includes $3.3 billion under the IMF's Extended Credit Facility and Extended Fund Facility programs and $1.4 billion under the new RSF, which aims to help vulnerable middle-income countries and island states.
Jan 30, 2023 11:51 AM IST Amid this economic crisis, the Shahbaz Sharif government will begin crucial negotiations with the Washington-based IMF (International Monetary Fund) for a bail-out package on Tuesday which may come with "tough and possibly politically risky" pre-conditions of austerity, feeding into a bigger political crisis, they said.
Jan 29, 2023 08:36 PM IST With inflation soaring to nearly 25 percent, and its interest rate at a 24-year-high of 17 percent, Pakistan appears to be crumbling.
Jan 28, 2023 05:56 PM IST India’s move has forced China also to support the debt revamp plan for Sri Lanka
Jan 28, 2023 02:42 PM IST Pakistan and the International Monetary Fund (IMF) officials are scheduled to kick-start parleys from Tuesday for accomplishing the ninth review under the Extended Fund Facility during which the fiscal slippages and reconciliation of figures will be the major topic of discussion.
Jan 27, 2023 06:16 PM IST The remarks from Sharif came as the country’s economy is precariously tethering with just USD 3.7 billion in foreign reserves, which is considered a critical level by experts.
Jan 26, 2023 03:36 PM IST The IMF and Pakistan signed a $6 billion bailout in 2019, that was topped up with another $1.1 billion last year, but that came with conditions attached, aimed at reducing the budget deficit before the loan is released.
Jan 25, 2023 04:21 PM IST Also, External Affairs Minister S Jaishankar during his recent visit to Colombo gave the required assurances to Sri Lanka's top leadership for the much-needed IMF bailout package, becoming the first major lender to publicly back the island nation's efforts to recover from its worst-ever economic crisis.
Jan 24, 2023 07:03 AM IST India has committed to help ease the debt burden of its crisis-stricken neighbor Sri Lanka as part of a possible International Monetary Fund-supported program, the IMF said.
Jan 23, 2023 03:28 PM IST With Sri Lanka’s economy in the throes of the worst crisis since independence from Britain in 1948, the government is waiting for financing assurances from China, its largest bilateral lender, that would help clinch the $2.9 billion IMF package.
Jan 22, 2023 01:36 PM IST The Sunday Times newspaper reported that Chinas Exim Bank delivered a letter on Saturday granting Sri Lanka a two-year moratorium on repayment and agreeing with the International Monetary Fund's extended fund facility (EFF).
Jan 20, 2023 02:35 PM IST Jaishankar, who is here on a two-day visit, called on President Ranil Wickremesinghe on Friday morning and also held talks with Foreign Minister Ali Sabry.
Jan 20, 2023 10:20 AM IST Jaishankar, who is here on a two-day visit, on Thursday met Sri Lanka's top leadership, including his Sri Lankan counterpart Ali Sabry and President Ranil Wickremesinghe.
Jan 18, 2023 05:41 PM IST A global slowdown will impact the Indian economy. But that impact will be limited compared to other countries as the Indian economy is driven by local consumption
Jan 18, 2023 12:03 PM IST Gopinath said India needs to take up reforms in the labour market and land in order to fix some of the gaps. She praised India's progress in creating both the digital as well as physical infrastructure.
Jan 18, 2023 08:31 AM IST “We have a tough year ahead, but there are signs of resilience,” is how Gita Gopinath described the International Monetary Fund’s (IMF) outlook for 2023.
Jan 18, 2023 08:07 AM IST The Fund reiterated December forecasts that Uganda's economy will grow by 5.3% in the 2022/23 fiscal year starting last July, down from a 6.0% growth forecast issued in March 2022.
Jan 17, 2023 07:28 PM IST Gita Gopinath, IMF on stemming the cost of living crisis, live at Davos 2023. Tune in!
