Pakistan’s economy suffers major setback as IMF denies $6 billion loan
The International Monetary Fund (IMF) has dealt another blow to Pakistan's economy by rejecting the country's claim of fulfilling the…
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IMF
A third of world economies will be in recession by 2023 – IMF chief
The International Monetary Fund (IMF) chief Kristalina Georgieva warns that this year will be tougher on the global economy than last year.…
Debt forgiveness by late 2023, IMF staff agreement with Somalia
A team from the International Monetary Fund (IMF) reached an agreement with Somalia that will allow the release of about $10 million to that…
Asian central banks have been urged by the IMF to tighten policy further
The International Monetary Fund has stated that most Asian central banks must tighten monetary policy further. This is because rising…
Indian economic growth is expected to be 7.4 percent this year and next
Indian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and next. International…
Preliminary agreement between Sri Lanka and the IMF is expected
In a statement, the head of Sri Lanka's central bank said that he hopes that the government can reach a preliminary agreement with the…
Pakistani rupee hits historic all time low of 200 against the US dollar
Pakistan's rupee (PKR) has reached an all-time historic low against the US Dollar on the open market. Pakistani media reported that PKR…