IMF

Pakistan seeks Saudi, Chinese support to bridge USD 5 billion funding gap

Pakistan is relying on assurances from Saudi Arabia and China to address a USD 5 billion external financing gap, with…

1 week ago

FM Sitharaman, World Bank President discuss issues related to private capital participation in Global Public Goods

Union Finance Minister Nirmala Sitharaman held a meeting with World Bank President Ajay Banga on the sidelines of the World…

4 weeks ago

India provided financial support to its neighbours much before IMF: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman has said that India provided financial support to its neighbours in times of distress with…

4 weeks ago

Pakistan government falls short of loan target in July

Awaiting the approval of a USD 7 billion bailout from the IMF's executive board, the Shahbaz Sharif government faced a…

3 months ago

Pakistan’s total debt to reach PKR 79 trillion by June 2025: Report

The Shehbaz Sharif-led Pakistan government unveiled a three-year economic plan, which aims to increase the share of provinces in the…

4 months ago

India to emerge as an economic superpower amid looming global economic landscape

While the risk of global recession has receded, concerns of inflation are still there which re-ignites the risks of global…

6 months ago

“Within 6 years, India achieved 80 pc financial inclusion rate, feat that would have taken decades…”: Ruchira Kamboj

Highlighting India's digital public infrastructure, Permanent Representative to the United Nations, Ruchira Kamboj, on Thursday said that India has achieved…

7 months ago

“India must continue reforms for sustained growth and Investments”: Krishna Srinivasan Director Asia-Pacific Department IMF

India is on a sustained growth path driven by consumption and public investments, India's economic performance stands out against a…

7 months ago

IMF raises forecast for India’s GDP growth in 2023 to 6.1%, keeps China at 5.2%

The International Monetary Fund (IMF) has raised its forecast for the growth rate of India's economy to 6.1 per cent…

1 year ago

IMF chief sees India as bright spot while world economy is expected to slow in 2023

The IMF chief Kristalina Georgieva on Thursday said that the world economy is expected to grow at less than 3…

2 years ago

Indian is still among world’s fastest growing economies, says World Bank

Notwithstanding the external risks, India’s growth continues to be resilient, the World Bank in its latest India Development Update has…

2 years ago

IMF says India still a bright spot as global growth seen slowing to 2.9% in 2023

India remains a bright spot with the country’s growth in 2023 pegged at 6.1% while the global growth rate is…

2 years ago

Pakistan hikes fuel prices under IMF pressure, more taxes on way

Pakistan's economic meltdown, with foreign exchange touching $3.67 billion, is finally making its political class realise that imposing harsh taxes…

2 years ago

India leads in backing Sri Lanka’s case for IMF funds

As part of its Neighbours-First policy, India has taken the lead in backing Sri Lanka’s request for finance and debt…

2 years ago

How India surpassed UK to become the world’s 5th biggest economy

India has surpassed the UK to become the fifth-biggest economy of the world in the last three months of 2021,…

2 years ago

As Pakistan continues to focus on Afghanistan, its economy raises the red flag

<p> The Pakistan rupee has been steadily losing its sheen. In January this year, the value of a Pakistan rupee…

3 years ago

IMF, Bangladesh rush financial assistance to Sri Lanka amid economic emergency

<p> Sri Lanka, which has declared an economic emergency after its sharp fall in its currency and surge in food…

3 years ago