international monetary fund

Islamabad, March 28. Given its association with the A.Q. Khan network—a global nuclear smuggling chain that supplied enrichment technology to Iran, Libya, and North Korea—Pakistan lacks credibility as a mediator, especially given its reported move to convey the American proposal to Iran and...

Islamabad, March 28 Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement (SLA) for the disbursement of approximately USD 1.2 billion under two separate arrangements.The two sides successfully concluded the third review of the Extended Fund Facility (EFF) and...

Colombo, March 25 Sri Lanka is hoping to receive two installments of its bailout package from the IMF when the IMF team arrives here to complete its mission, Central Bank Governor Nandalal Weerasinghe said on Wednesday.An International Monetary Fund (IMF) team will arrive here on Thursday and...

New Delhi, March 24 – The decision to enter another IMF funding arrangement has been a subject of ongoing debate in Pakistan, as the country has already turned to the multilateral lending institution as many as 24 times for bailout packages to address its macroeconomic vulnerabilities...

New Delhi, March 15 – Negotiations between Pakistan and the International Monetary Fund (IMF) over the release of a $1 billion tranche have reportedly stalled again due to the country's weak tax collection and doubts about the credibility of the current budget, reports said.The IMF has once...

New Delhi, March 9 – Pakistan's ongoing conflict with Afghanistan has put at risk the next installment of IMF funding that Islamabad urgently needs, according to a media report.The IMF team is currently visiting Pakistan for its third review of the country's economy, ahead of the next tranche...

New Delhi, March 6 – India is expected to contribute as much as 17 per cent to global real GDP growth in 2026, as it continues to be the world's fastest-growing major economy, according to the latest data compiled by the IMF.Among the other countries in the IMF's top 10 list, the USA is...

Islamabad, March 5 Pakistan decided on Thursday to introduce weekly revisions in petroleum prices, effective from Saturday, and to consider measures such as working from home and distance learning to conserve fuel amid possible disruptions in oil supply due to the ongoing conflict in West Asia...

Islamabad, March 5 Pakistan decided on Thursday to introduce weekly revisions in petroleum prices, effective from Saturday, and to consider measures such as working from home and distance learning to conserve fuel amid possible disruptions in oil supplies due to the ongoing conflict in West...

Washington, March 5 – Indian economist Krishnamurthy V. Subramanian has been awarded the University of Chicago’s Alumni Award for Professional Achievement. He is the first Indian economist to receive this honor in the award's 85-year history.Subramanian served as Chief Economic Advisor to the...

February 27, New Delhi – The International Monetary Fund (IMF) has approved a $8.1 billion, four-year loan for Ukraine, of which $1.5 billion would be immediately disbursed.The new loan will help Kyiv maintain economic stability and ensure continued public spending.Ukraine's Prime Minister...

Islamabad, February 25 As the International Monetary Fund (IMF) review mission arrived in Pakistan on Wednesday, the country's Finance Minister Muhammad Aurangzeb expressed hope for a successful review that would lead to the release of a USD 1.2 billion tranche.The staff mission will conduct...

Washington, February 19 – An International Monetary Fund (IMF) staff team will travel to Islamabad from February 25 to hold discussions on Pakistan’s economic reform program under its Extended Fund Facility (EFF), the Fund said on Thursday.“We do have a staff team that is expected to visit...

Washington, February 19 – The International Monetary Fund has urged China to take stronger steps to revive domestic demand and reduce economic imbalances, warning that weak consumption and deflation could slow growth and affect the global economy.The IMF Executive Board, which concluded its...

Singapore, February 14. Under the leadership of Prime Minister Narendra Modi, India has evolved into an ambitious global player, supported by the world's largest population – young, technologically savvy, and predominantly middle-class – giving it a strong advantage for the future, according to...

Colombo, February 14 The International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, will visit Sri Lanka for two days, starting from February 16, the global lender announced.This will be her first visit to the island nation since Sri Lanka entered an IMF bailout in March 2023...

Moscow, February 9 Russia will actively support India's chairmanship of BRICS with its current agenda, which is "modern and highly relevant," with an emphasis on counter-terrorism and energy security, Foreign Minister Sergey Lavrov said on Monday.India formally assumed the chairmanship of...