Pakistan’s latest loan solves nothing. It only postpones the next crisis. The IMF may have stabilised the numbers, but it has not stabilised Pakistan.
Under IMF pressure, Pakistan is privatising loss-making Pakistan International Airlines (PIA) to meet fiscal reform conditions, reduce debt, and secure bailout funds, as decades of mismanagement and financial collapse made action urgent.
The IMF retains a ‘C’ grade for India's GDP data due to some shortcomings, yet praises India’s impressive 8.2% GDP growth, fiscal management, digital infrastructure, and robust job creation under Modi’s leadership
The growth rate in GST revenue at 0.7 percent was the slowest since the pandemic, provisional data showed
The 8.2 per cent gross domestic product (GDP) growth, which follows a 7.8 per cent expansion in the preceding April-June quarter, helped India retain the title of the world's fastest-growing major economy.
The IMF's growth and policy projections for India are entirely contingent on one factor: how soon the 50 percent US tariffs are rolled back
Indian authorities disagreed with IMF's baseline scenario that US tariffs would remain indefinitely
Executive Directors commended India’s “very strong economic performance and resilience,” noting that growth has remained robust despite global uncertainty
The new description of the country’s de facto currency regime is likely to include references to a crawling peg
Beyond governance, India has repeatedly warned that IMF funds indirectly enable Pakistan’s security establishment, which continues to patronise terror groups targeting Indian territory.
Disinflation was continuing, but headline inflation would still be around 3.5% in G20 countries in 2025, the IMF said.
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.