IMF

Washington: The US wants the G20 countries to help reshape and scale up multilateral development banks like the International Monetary Fund and the World Bank, a top White House official has said. White House National Security Council…

Islamabad: The USD 3 billion IMF bailout package for Pakistan could be at risk if the caretaker government's tenure gets prolonged due to the likely delay in holding general elections in the cash-strapped country, a media report said on…

Washington: The IMF's executive board is set to meet on July 12 to review the USD 3 billion Standby Arrangement with cash-strapped Pakistan and will also possibly release the first tranche of USD 1.1 billion as part of the loan programme, a…

Islamabad: Debt-trapped Pakistan will become the fourth largest IMF borrower in the world after receiving a fresh loan of USD 3 billion in the next nine months under the standby arrangement reached with the global lender. Pakistan, which…

Dhaka: The central bank of Bangladesh will allow its currency to float freely for the first time in the country’s history, giving into demands from the International Monetary Fund (IMF) in order to unlock more funds from the 4.7-billion…

Islamabad: Pakistan Prime Minister Shehbaz Sharif on Friday hoped the IMF would resume the stalled USD 6.7 billion bailout programme as his country has already met all prior conditions set by the global lender despite economic hardships.…

Colombo: The IMF has expressed hope that Sri Lanka's debt restructuring process would be completed by September, which is also the time for the global lender's formal review of the bailout facility it extended to the cash-strapped nation, a…

Washington: The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns. The IMF predicted…

The International Monetary Fund (IMF) on Tuesday lowered its economic growth forecast for India by 20 basis points to 5.9 per cent for the financial year 2023-24. The projection is significantly lower than the Reserve Bank of India's (RBI)…

Islamabad: The Pakistan government has received a memorandum on the terms and conditions from the IMF for the completion of a USD 7 billion loan programme, Finance Minister Ishaq Dar said on Friday but acknowledged that both sides are yet…