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Despite geopolitical storms, tariff uncertainties, and other tensions, the IMF projects global growth to remain solid at 3.3% in 2026, powered by AI-driven investment and adaptive policies
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According to the IMF’s Fiscal Monitor, India’s fiscal consolidation is set to lose momentum after FY26, signalling deep-rooted structural limits in its public finances
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The IMF’s latest reports reveal a global economy holding firm on the surface, but hiding deeper financial vulnerabilities that investors shouldn't ignore
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The newly imposed conditions on Pakistan include getting parliamentary approval of a Rs 17.6 trillion budget,raising the debt servicing surcharge on electricity bills, and removing the ban on importing used cars that are older than three years.
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Pakistan's central bank said in a post on X that the transfer of $ 1,023 million will be reflected in its foreign exchange reserves for the week ending May 16.
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The IMF’s forecasts show that India’s share of world output will continue to increase steadily
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The IMF predicts that GDP growth will slow in India as pent-up demand accumulated during the pandemic is exhausted
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Public debt is enemy no. 1 of growth, irrespective of the size of the economy or debt
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Sanghnomics: India’s indigenous economic models have always emphasized on restrained consumption. However, the Western economic models, especially those following the Keynesian school of thought have led to reckless consumption
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The concentration of production and consumption seen in commodities make them prone to shocks, sector or country-specific but increasingly macro factors too
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Wickremesinghe's remarks come barely three weeks after the International Monetary Fund (IMF) said it has reached a staff-level agreement with Sri Lanka for the next phase that would enable it access to USD 337 million from the nearly USD 3 billion bailout approved in 2023 for the island nation.
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Shehbaz, who took oath as the country's premier on March 4 for a second time since 2022 amidst staggering economic and security challenges, said, We have to do another IMF programme and it won't work out without one.
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The International Monetary Fund did not give details of the Maldives' foreign debt but said there was a need for "urgent policy adjustment"
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Speaking with CNBC-TV18 Managing Editor Shereen Bhan, former Chief Economic Advisor, Dr KV Subramanian said that an increase in the amount under the PM-Kisan Samman Nidhi to ₹9,000 would be "a very legitimate ask" for the farmers.
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IMF chief’s sentiment was echoed by her colleague, First Deputy Managing Director Gita Gopinath, who told a Davos panel that the chances of a so-called soft landing have gone up “quite a bit”
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Led by Peter Brueur, the International Monetary Fund senior mission chief for Sri Lanka, the team last week met with the Governor of the Northern province, PMS Charles, and other senior officials and discussed issues related to economic growth in the province, demining programmes, resettlement of conflict-displaced individuals and compensation for conflict victims.
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Victory would hand Sisi a six-year term in which immediate priorities would be taming near-record inflation, managing a chronic foreign currency shortage and preventing spillover from the conflict between Israel and Gaza's Hamas rulers.
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Juan Gonzalez, adviser to US President Joe Biden and the National Security Council's Western Hemisphere senior director, said the talks, a day ahead of Milei's inauguration, were "very positive" and focused on the country's embattled economy.
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The International Monetary Fund’s delegation wrapped two-week-long talks with Pakistani officials on November 15 and announced that a staff-level agreement has been reached to enable it to release USD 700 million in the second tranche of an already agreed USD 3 billion loan.
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The 16th General Review of Quotas (GRQ) is expected to provide greater say to developing economies in the International Monetary Fund (IMF).
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A round-up of top newspaper stories to keep you ahead of others.
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The PIA flights to Europe and the UK have been suspended since 2020 after the European Union's Aviation Safety Agency revoked the national carrier's authorisation to fly to the bloc following the pilot licence scandal.
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Global headline inflation is set to fall from 8.7 percent in 2022 to 7.0 percent in 2023 on the back of lower commodity prices, but underlying (core) inflation is likely to decline more slowly. Inflation’s return to target is unlikely before 2025 in most cases.
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The biggest threat for India is the collusion between the militaries of China and Pakistan along the Indian border. But this link might now weaken as Pakistan faces bankruptcy and China is reluctant to bail out its “all-weather friend”. The tipping point would come if the IMF asks Pakistan to restructure its loans taken from China because Beijing is unlikely to agree to it
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The IMF funding is crucial for the $350-billion economy facing a balance-of-payments crisis with foreign exchange reserves dipping to less than three weeks of import cover.
