Search For "international monetary fund"
US dollar share of global foreign exchange reserves drops to 25-ye
Updated : 5 days, 7 hours ago IST
Washington DC [USA], May 8 (ANI): The share of US dollar reserves held by central banks fell to 59 per cent -- its lowest level in 25 years -- during the fourth quarter of 2020, according to a recent survey by the International Monetary Fund (IMF).
Read More
Bilawal Bhutto asks Imran Khan to resign, apologise to Pak over de
Updated : 5 days, 19 hours ago IST
Islamabad [Pakistan], May 8 (ANI): Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari has asked Prime Minister Imran Khan to step down and apologise to the nation for the 'PTIMF' deal between the ruling Pakistan Tehreek-e-Insaf (PTI) and the International Monetary Fund (IMF).
Read More
UAE extends term of USD 2 billion interest-free loan to Pakistan
Updated : 3 weeks, 1 day ago IST
Islamabad [Pakistan], April 21 (ANI): The United Arab Emirates (UAE) has extended the term of USD 2 billion interest-free loan to Pakistan made in January 2019, as Islamabad's economy continues to struggle with sluggish growth amid the coronavirus pandemic.
Read More
World Bank sets tough loan terms for USD 1.5 billion to Pakistan
Updated : 3 weeks, 2 days ago IST
Islamabad [Pakistan], April 20 (ANI): As Pakistan's financial debt continues to mount, the World Bank has set tough conditions for USD 1.5 billion lending such as an increase in electricity rates, introduction of new power and tax policies, putting the Imran Khan-led government in a tight sp
Read More
Despite IMF loans, Pakistan continues to rely on China
Updated : 1 month ago IST
Islamabad [Pakistan], April 10 (ANI): Pakistan is set to address a dozen conditions in six months to meet the USD 6 billion International Monetary Fund (IMF) programme as the debt-ridden country continues to rely heavily on its all-weather friend China, for additional support, according to a
Read More
IMF's suggestion to hasten transition to low-carbon economy should
Updated : 1 month ago IST
New Delhi [India], April 8 (ANI): The International Monetary Fund's (IMF) Global Policy Agenda's suggestion to hasten the transition to a low-carbon economy needs to be viewed in the context of its implications for the emerging market and low-income economies, said Finance Minister Nirmala S
Read More
IMF asks China to address high corporate debt levels due to excess
Updated : 1 month ago IST
Beijing [China], April 7 (ANI): The International Monetary Fund (IMF) on Tuesday urged China to further address its high corporate debt levels resulting from its monetary policy during the COVID-19 pandemic.
Read More
Pakistan to seek IMF relief to mitigate COVID-19 impact
Updated : 1 month ago IST
Islamabad [Pakistan], April 7 (ANI): Amid the rising number of Covid-19 cases in Pakistan, Prime Minister Imran Khan has said that his government would approach the International Monetary Fund (IMF) for another relief package to mitigate the impact of the pandemic.
Read More
Sensex up 460 points as RBI holds rates, JSW Steel gains 5.3 pc
Updated : 1 month ago IST
Mumbai (Maharashtra) [India], Apr 7 (ANI): Equity benchmark indices gained nearly one per cent on Wednesday as the Reserve Bank of India kept repo rate unchanged at 4 per cent and maintained 10.5 per cent growth projection for FY22.
Read More
IMF projects 12.5% growth rate for India; increases global growth
Updated : 1 month, 1 week ago IST
Washington DC [US], April 6 (ANI): The International Monetary Fund (IMF) is expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway and warned of "daunting challenges" given the different rates of administering shots across the globe.
Read More
Indian SMBs share a greater positive outlook than the world
Updated : 1 month, 1 week ago IST
Mumbai (Maharashtra) [India], March 31 (ANI/NewsVoir): As India approaches a new financial year 2021-22, a C2FO worldwide survey of more than 6,700 leaders of small to mid-sized businesses (SMBs) found surprising alignment in terms of access to liquidity, the cost of borrowing and their outl
Read More
IMF approves USD 500mln loan disbursement for Pakistan
Updated : 1 month, 2 weeks ago IST
Washington DC [US], March 25 (ANI): The International Monetary Fund (IMF) has approved a half-billion disbursement for Pakistan to help the country's economy and save lives and livelihoods amid the COVID-19 pandemic.
Read More