IMF

Economy in shambles but Pakistan wants to increase its defence budget

The Pakistan government says the country's defence budget is already one of the lowest 'when compared to other states in the region, including India.'

Feb 08, 2019, 12:51 PM IST

IMF says India has done well, calls for more reforms ahead of Budget

The IMF top representative hoped for a fiscal consolidation in the upcoming budget.

Jan 31, 2019, 14:41 PM IST

Tunisia's largest union starts nationwide strike over pay

Tunisia is under pressure from the International Monetary Fund to freeze public sector wages as part of reforms to help reduce its budget deficit.

Jan 17, 2019, 14:08 PM IST

Gita Gopinath joins IMF as its first female chief economist

Announcing her appointment on October 1, IMF Managing Director Christine Lagarde described her as one of the world's outstanding economists with impeccable academic credentials.

Jan 08, 2019, 09:25 AM IST

Imran Khan begging for funds worldwide: CM of Pakistan's Sindh province

"Imran Khan is going from country to country to beg (for financial aid)."

Jan 07, 2019, 16:23 PM IST

No IMF loan to Pakistan to repay Chinese debt: Congressman

Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.

Dec 17, 2018, 14:15 PM IST

IMF to check Pakistan's debt sustainability before loan: Official

A recent meeting between the IMF and Pakistan ended in a stalemate.

Dec 14, 2018, 15:32 PM IST

Operational independence of central banks important: IMF on RBI

The International Monetary Fund (IMF) on Thursday said "operational independence" of central banks like the Reserve Bank of India (RBI) was important for carrying out their responsibilities.

Dec 14, 2018, 08:43 AM IST

US likely to oppose IMF bailout to Pakistan to repay Chinese debt

Cash-strapped Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.

Dec 13, 2018, 15:31 PM IST

Flexible intellectual property will help China to diffuse trade tensions: IMF

China and the US are currently engaged in a trade conflict and have slapped tit-for-tat tariffs of hundreds of billions of dollars on each other's goods.

Dec 10, 2018, 10:52 AM IST

India's growth 'very solid': IMF Chief Economist

Obstfeld, 66, - who is set to retire this month-end - will be succeeded by Gita Gopinath, the second Indian to be appointed to the position.

Dec 10, 2018, 07:04 AM IST

Important for Modi government to heed RBI’s message: IMF chief economist

IMF's Chief Economist Maurice Obstfeld said the International Monetary Fund does not want politicians "manipulating" central banks for political ends.

Dec 10, 2018, 06:22 AM IST

Pakistan wants bailout packages but finance minister says no economic crisis

Asad Umar has said statements on the economy being in trouble are just rumours.

Dec 05, 2018, 08:41 AM IST

IMF demands details of Pakistan's financial assistance deal with China: Report

Pakistan has been looking at an IMF bailout package to help it repair its crumbling economy.

Nov 20, 2018, 12:49 PM IST

PM Narendra Modi aims to double Indian economy, eyes top 50 rank in 'ease of doing business'

India has improved its ranking by 53 positions in the last two years and 65 places in four years since 2014

Nov 19, 2018, 22:14 PM IST

IMF says monitoring situation in India; bats for RBI's independence

There were reports of mounting tension between the Ministry of Finance and the Reserve Bank of India.

Nov 02, 2018, 09:18 AM IST

Pakistan justifies approaching foreign countries for financial help

Pakistan's finance minister has said that he does not want to depend too much on any one source of assistance.

Oct 30, 2018, 19:09 PM IST

Pakistan to seek IMF bailout despite $6 billion Saudi rescue

Prime Minister Imran Khan said this week Pakistan was seeking help from "friendly nations".

Oct 24, 2018, 13:51 PM IST

Saudis to give Pakistan $3 billion in aid, defer oil payments to ease crisis

Imran Khan had said before departing that his country is "desperate" to shore up its foreign currency reserves.

Oct 23, 2018, 22:19 PM IST

China denies CPEC is reason for Pakistan economy's current crumbling state

China claims CPEC is for the economic good of its 'all-weather friend' Pakistan.

Oct 23, 2018, 19:23 PM IST