IMF
- Pakistan
Pakistan, IMF close to signing deal
Islamabad: There has been a likely breakthrough in Pakistan’s long-drawn-out parleys with the International Monetary Fund (IMF) for the tightly-negotiated ninth review and an official announcement regarding the signing of the deal…
- Middle East
Israel’s judicial reform could prompt hi-tech firms to relocate abroad: IMF
Jerusalem: A report by the International Monetary Fund (IMF) cautioned that the uncertainty caused by the Israeli government-proposed judicial reform could prompt Israeli hi-tech companies to relocate abroad. The report issued on…
- Pakistan
All conditions met, no hurdle left in striking deal with IMF: Shehbaz Sharif
Lahore: Prime Minister Shehbaz Sharif has expressed his optimism that Pakistan, which has fulfilled “all the preconditions” of the IMF, will still be able to sign a staff-level agreement with the global…
- Pakistan
Pakistan unlikely to devalue rupee as pressure has eased
Islamabad: Amid negotiations with the International Monetary Fund (IMF) to restart a $6.7 billion bailout programme, Fitch Ratings said that it is unlikely that Pakistan will devalue its currency again as pressure…
- Pakistan
Pakistan to approach IMF for new programme
Islamabad: Pakistan has decided to negotiate a new programme with the International Monetary Fund (IMF) immediately after the budget as the coalition government is planning to conclude the $6.5 billion Extended Fund…
- World
China will save Pakistan from default: Shehbaz
Karachi: Pakistan Prime Minister Shehbaz Sharif has said that an agreement is not being reached with the International Monetary Fund (IMF), but underscored that Chinas support will play a crucial role in…
- World
IMF staff team to visit Sri Lanka from May 11 to 23
Colombo: An IMF staff team comprising Krishna Srinivasan, Director of the Asia and Pacific Department is to visit Sri Lanka from May 11 to 23. Visiting as part of regular consultations ahead…
- World
Sri Lanka’s Parliament approves IMF bailout package
Colombo: Sri Lanka’s Parliament on Friday approved the much-needed USD 3 billion IMF bailout package to revive the island’s economy which was hit hard by a catastrophic economic and humanitarian crisis sparked…
- World
Pakistan, Saudi expected to sign deal for USD 2bn deposits post Eid
Islamabad: Cash-starved Pakistan is likely to ink a deal for additional deposits of USD 2 billion from Saudi Arabia after Eid, authorities said on Saturday, a move that will help the country…
- Pakistan
1st consignment of discounted Russian crude to arrive in Pak in May
Islamabad: Cash-strapped Pakistan has placed its first order for discounted Russian crude oil, which is expected to arrive in the port city of Karachi next month, an official said on Thursday, a…
- World
IMF stands its ground, refuses to show any flexibility towards Pakistan
Islamabad: The International Monetary Fund (IMF), Pakistan’s only hope for a bailout from its crippling economic conditions and looming threats of a meltdown, does not seem to be ready to show any…
- India
India concerned about global economic outlook: Nirmala Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman said that despite this year’s projected growth rate of over 6 per cent for the Indian economy, it remains concerned about the global economic outlook…
- India
Sitharaman meets IMF’s Gita Gopinath, discusses downside risks to economy
New Delhi: Union Finance minister Nirmala Sitharaman met IMF Deputy Managing Director Gita Gopinath in Washington D.C., during which she noted the monetary body’s concerns on key downside risks to the economy…