International Monetary Fund

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

In need of money for economic recovery, Imran Khan to visit three 'friendly' countries

There is hope that if countries like Saudi Arabia and China help, financial assistance from IMF may not be required.

Oct 22, 2018, 17:04 PM IST

Pakistan ready to share details of CPEC debts with IMF for bailout package

 Pakistan's current year debt repayments were about USD 9 billion but obviously it would not entirely be available from the IMF.

Oct 14, 2018, 17:19 PM IST

Increasing Chinese involvement disastrous for Pakistan’s economy, warns IMF

IMF has been critical of providing further loans since most of it could go in repaying the debts to China accrued in the 'Silk Road' project.

Oct 10, 2018, 14:50 PM IST

Global growth under cloud over further escalation of trade tension: IMF

The International Monetary Fund (IMF) Wednesday warned that global growth may be significantly harmed with further escalation of trade tension, which is a result of the uneven global economic recovery that has fuelled inward-looking policies and contributed to increased policy uncertainty.

Oct 10, 2018, 06:31 AM IST

Pakistani rupee tumbles about 5% in apparent central bank devaluation

The central bank runs what is widely seen as a managed float, though its official stance is that the currency is freely traded.

Oct 09, 2018, 15:53 PM IST

IMF credits PM Modi for reforms, projects India as fastest growing economy

The International Monetary Fund acknowledged that important economic reforms have been implemented under Prime Minister Narendra Modi.

Oct 09, 2018, 08:12 AM IST

IMF projects India's growth at 7.3 per cent in 2018, at 7.4 per cent in 2019

If projections are true, then India would regain the tag of fastest-growing major economies of the world.

Oct 09, 2018, 07:35 AM IST

Global growth has plateaued at 3.7 per cent; clouds on the horizon: IMF

Global growth has plateaued at 3.7 per cent, the International Monetary Fund (IMF) said Tuesday, with its chief economist warning the world that there are clouds on the horizon and growth has proven to be less balanced than hoped.

Oct 09, 2018, 07:28 AM 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

Election to test Pakistan democracy amid allegations of military meddling

Intensifying allegations of military interference threaten to cast a shadow over Pakistan`s general election on July 25, a historic event that will mark only the country`s second ever democratic transition of power.

Jun 02, 2018, 12:34 PM 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

India fastest growing economy at 7.4% in 2018: IMF

The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive.

May 09, 2018, 09:19 AM IST

IMF chief calls Kathua rape-murder revolting, says PM Modi needs to pay more attention to women

International Monetary Fund (IMF) chief Christine Lagarde on Thursday called on India`s leader to focus more on women in the wake of the "revolting" rape and murder of two young girls.

Apr 20, 2018, 06:22 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

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

IMF's Lagarde: Trade protectionism threatens economic growth

Trump last month imposed steep tariffs on steel and aluminum imports, and announced pending tariffs on $50 billion in Chinese goods in retaliation for alleged theft of intellectual property.

Apr 11, 2018, 13:35 PM IST

Forex reserves down by $152.4 million to $421.334 billion: RBI

In the previous week, the reserves had increased by $728.9 million to $421.487 billion.

Mar 23, 2018, 20:05 PM IST