IMF
- World
Gita Gopinath to step down from IMF in August, set to rejoin Harvard
Washington: Gita Gopinath, the First Deputy Managing Director (FDMD) of the International Monetary Fund (IMF), will be stepping down from her role in August 2025 to return to academia at Harvard University,…
- Pakistan
IMF likely to review Pak funding in 2025 second half amid 11 new conditions
New Delhi: The International Monetary Fund (IMF) is expected to conduct the next funding review for Pakistan in the second half of 2025. According to an official IMF statement, it would maintain…
- Pakistan
IMF slaps 11 more conditions on Pakistan, flags tensions with India as big risk
New Delhi: The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the $ 7 billion lifeline that it has extended and also flagged the rising tensions with India…
- Pakistan
Explained: India’s abstention during IMF vote on Pakistan loan
New Delhi: India on Friday strongly opposed further financial assistance from the International Monetary Fund (IMF) to Pakistan at its executive board meeting in Washington, DC. The IMF Executive Board consists of…
- India
Indian govt decided to terminate services of Subramanian: IMF
New Delhi: The International Monetary Fund on Monday said that the termination of services of Executive Director K V Subramanian was a decision taken by the Indian government. Government of India has…
- Business
IMF, World Bank see India’s potential as engine of global trade: FM Sitharaman
San Francisco: Finance Minister Nirmala Sitharaman said on Monday that India has become the fastest-growing economy, driven by the “visionary leadership” of Prime Minister Narendra Modi and the stability provided by a…
- World
China extends repayment period of USD 2 bn loan to Pakistan by one year
Islamabad: China extended the repayment period of Pakistan’s USD 2 billion loan by one year, easing pressure of the International Monetary Fund on the dollar-deficit country. The loan was originally due for…
- Pakistan
IMF positive about Pakistan’s proposal for lowering electricity prices: PM
Islamabad: Prime Minister Shehbaz Sharif on Wednesday said the International Monetary Fund chief is positive about Pakistan’s proposal regarding lowering electricity prices. In a cabinet meeting about his interaction with IMF Managing…
- World
IMF projects weaker Indian economy in 2025
Washington: The Indian economy is expected to be “a little weaker” in 2025 despite steady global growth, IMF Managing Director Kristalina Georgieva has said. Georgieva also said she expects quite a lot of…
- News
India remains largest growing economy globally: IMF
Washington: India remains the largest growing economy in the world, a senior official from the International Monetary Fund said, observing that the country’s macroeconomic fundamentals are good. “India is said to remain…
- World
IMF warns of geopolitical tensions
Washington: The International Monetary Fund (IMF) has maintained its global growth forecast in 2024 at 3.2 per cent, consistent with its projection in July, according to its newly released World Economic Outlook…
- Pakistan
Pakistan cuts 1.5 lakh jobs, dissolves 6 ministries as part of IMF deal
Islamabad: To minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolition of about 150,000 government posts, closing six ministries, and merging two others, as part of reforms agreed upon with the…
- World
IMF board approves $7bn bailout for Pakistan
Islamabad: The International Monetary Fund’s board (IMF) on Wednesday approved a USD 7 billion Extended Fund Facility (EFF) for cash-strapped Pakistan, providing a critical boost to the country’s struggling economy. The development…
- World
Sri Lanka’s President appoints 3-member cabinet
Colombo: Sri Lankan President Anura Kumara Dissanayake appointed a new Cabinet of Ministers on Tuesday evening, with Prime Minister Harini Amarasuriya, lawmaker Vijitha Herath and himself taking on Cabinet portfolios. Dissanayake will…
- News
Bangladesh clears 1.37 Bn USD bimonthly ACU payments
Dhaka: Bangladesh has cleared 1.37 billion US dollars in bimonthly payments with the Asian Clearing Union (ACU), an arrangement for settling payments for intra-regional transactions among its members. After the ACU payment,…
