Pakistan needs $12 billion just to stay afloat, admits incoming finance minister
Asad Umar has denied his country has a Chinese debt problem but admits a bailout package is the urgent need of the hour.
Aug 05, 2018, 08:50 AM IST
Imran Khan's biggest problem? Billions of dollars needed to pay debt worth billions
The work ahead for Pakistan's charismatic PM-elect is winding and one that could throw an endless stream of economic bouncers on a thorny political pitch.
Aug 03, 2018, 14:33 PM IST
IMF loan to pay off Chinese debts? US puts 'dampener' on Pakistan plans
If IMF shuts its doors on Pakistan, the country may have to lean further on China for more borrowings.
Jul 31, 2018, 16:17 PM IST
India's growth remains quite robust into future: IMF
IMF had earlier forecast a growth rate of 7.3 percent in 2018 and 7.5 percent in 2019 for India.
Jul 18, 2018, 11:12 AM IST
IMF projects 7.3, 7.5% growth rate for India in 2018, 2019
The IMF said growth prospects are below average in many countries and asked governments to take steps to ensure economic growth will continue.
Jul 17, 2018, 11:44 AM IST
India's Forex reserve down by USD 593 million, says RBI
The overall forex reserves declined to USD 412.23 billion from USD 412.82 billion reported for the week ended May 25, according to RBI.
Jun 08, 2018, 21:44 PM IST
India should address banking crisis to support investment, says IMF
These steps include the recognition of these non-performing assets, the resolution framework under the Insolvency and Bankruptcy Code, IMF said
Jun 08, 2018, 09:31 AM IST
IMF urges countries to work constructively together to reduce trade barriers
Describing the United States' decision to impose metal tariffs on the European Union, Canada and Mexico as unfortunate, the International Monetary Fund (IMF) has urged countries to work constructively together to reduce barriers.
Jun 01, 2018, 08:37 AM IST
Military and debt servicing swallow more than half of Pakistan budget, only 15.2 percent for development
In 2018-19, Pakistan will borrow more than it will repay.
Apr 19, 2018, 00:21 AM IST
US-China trade war could harm global economy: IMF
The report, presented ahead of the 2018 Spring Meetings of the IMF and World Bank Group, estimates a global economic growth of 3.9 percent for this year and for 2019.
Apr 18, 2018, 06:13 AM IST
Global growth expected be 3.9 percent in 2018 and 2019: IMF
The IMF on Tuesday projected a global growth of 3.9 percent in the next two years.
Apr 17, 2018, 20:02 PM IST
India will grow at 7.4 percent in 2018, China at 6.6 percent, projects IMF
India has made progress on structural reforms in the recent past.
Apr 17, 2018, 19:28 PM IST
World Bank notes India has recovered from demonetisation and GST, predicts 7.3% growth
The World Bank report does refer to both demonetisation and GST as crisis but states the worst is over.
Apr 17, 2018, 08:48 AM IST
IMF head warns China on exporting debt through 'Silk Road'
Lagarde made the comments at a Beijing forum on Chinese President Xi Jinping's signature Belt and Road initiative, a USD 1 trillion road, rail and construction project spanning dozens of countries -- from Asia to Africa and Europe.
Apr 12, 2018, 17:31 PM IST
Guard against trade protectionism: IMF chief Christine Lagarde to policymakers
IMF chief warning comes as finance ministers and central bank governors from the G20 prepare to meet in Buenos Aires, Argentina.
Mar 16, 2018, 08:40 AM IST
Reform state-run banks, IMF tells India after PNB fraud
IMF said that banking reforms like insolvency code and recapitalisation will be ineffective unless governance standards are improved.
Mar 12, 2018, 22:51 PM IST
IMF sounds alarm bells as Pakistan's economy slides to danger levels
IMF has stressed the need for Pakistan to bolster its revenue-earning policies to reduce possibly widening fiscal deficit.
Mar 08, 2018, 16:10 PM IST
Donald Trump trade tariffs: Europe threatens US bikes, bourbon, Levi's jeans
European Commission chief Jean-Claude Juncker said that there would be consequences for the US if Trump's threat of 25% tariff on steel, 10% on aluminium imports takes effect.
Mar 03, 2018, 13:41 PM IST
IMF warns Trump tarrif will hurt US
It said others could follow Trump`s precedent by claiming tough trade restrictions were needed to defend national security.
Mar 03, 2018, 09:18 AM IST
IMF welcomes India's fiscal deficit target of 3.3%
Last month, the IMF in its World Economic Outlook update released in Davos, Switzerland, projected a 7.4 percent GDP growth for India in 2018 and 7.8 percent in 2019.
Feb 16, 2018, 11:20 AM IST
