Page 2 - Imf

IMF likely to alter classification of India's exchange rate regime

The currency plunged to a record low on Friday after the central bank unexpectedly stepped back from defending it as firmly as before

IMF projects Indian economy to grow at 6.6% in 2025-26, outpacing China

The IMF released its revised projections following the effects of US tariffs across various economies and the subsequent deals made between countries amid growing uncertainty

Here's why the glass-half-full economy has rarely looked this strong

After a few months of positive noises from the US and China, relations again soured after Beijing clamped down on exports of rare-earth elements that are vital to manufacturing everything

US-China trade war clouds global economic outlook as 'new normal' emerges

When finance ministers and central bankers gathered in Washington in April for the first of the twice-yearly meetings of the International Monetary Fund and World Bank

World Bank's Banga seeks more transparency in debt restructuring process

Banga said the World Bank was working very closely with the International Monetary Fund and others to accelerate debt restructuring under the G20 Common Framework for Debt Treatments

IMF upgrades Asia's growth forecast, warns of risks from US-China tension

Trade tensions between US and China have intensified after Beijing expanded its rare earth export controls

Pakistan, IMF reach staff-level agreement for $1.2 billion loan deal

Pakistan and the IMF on Wednesday reached a staff-level agreement (SLA) on the country's loan programmes, paving the way for Islamabad to access USD 1.2 billion, pending approval from the global lender's board. The Washington-based International Monetary Fund (IMF) will provide Pakistan with USD 1 billion under its Extended Fund Facility (EFF) and USD 200 million under its Resilience and Sustainability Facility (RSF) after approval from the fund's board. Last week, an IMF mission led by Iva Petrova concluded talks with Pakistani authorities on the second review of the EFF agreed in 2024 and the first review for the RSF climate loan agreed this year, but it left Pakistan without signing a staff-level agreement. In a statement issued early on Wednesday, Petrova stated that the staff-level agreement remained subject to approval by the IMF Executive Board. Supported by the EFF, Pakistan's economic programme is entrenching macroeconomic stability and rebuilding market confidence, she ..

IMF more upbeat about US growth, but outlook dimmer than last year

The US and global economies will grow a bit more this year than previously forecast as the Trump administration's tariffs have so far proved less disruptive than expected, the International Monetary Fund said on Tuesday, though the agency also said the extensive duties still pose risks. The United States' economy will expand 2 per cent in 2025, the IMF projected in its influential semiannual forecast, the World Economic Outlook. That is slightly higher than the 1.9 per cent forecast in the IMF's last update in July and 1.8 per cent in April. The US should grow 2.1 per cent next year, also just one-tenth of a per cent faster than its previous projection, the IMF said. Its current forecasts are still down from a year ago, however, a sign that the international lending agency expects the tariffs to weaken the US economy, in part by creating more uncertainty for businesses. Last October, the IMF forecast the US would grow 2.2 per cent this year. All the projections also represent a ...

IMF raises India's FY26 GDP growth forecast by 20 basis points to 6.6%

India, the World Bank said, is expected to remain the world's fastest-growing major economy, underpinned by continued strength in consumption growth

Uncertainty continues: IMF highlights risks beyond trade, investment

It is worth noting that tariffs are not the only uncertainty. Policy changes related to immigration, for instance, will also affect growth in both advanced and low-income countries

Pakistan expects finalisation of staff-level agreement with IMF soon

Pakistani officials are hopeful for the finalisation of a staff-level agreement (SLA) with the IMF during Finance Minister Muhammad Aurangzeb's upcoming visit to the US, according to a media report on Friday. The finalisation is subject to consensus on the external account and verified flood-related losses, as well as their fiscal adjustment across central and provincial accounts, the Dawn newspaper reported. These issues are expected to be finalised during the upcoming IMF-World Bank annual meetings, where the Pakistani delegation, led by the finance minister and including the SBP governor and FBR chairman, will depart this weekend. Official sources confirmed to the paper that the International Monetary Fund (IMF) had shared the draft Memorandum of Economic and Financial Policies (MEFP) with the authorities before a visiting mission left Pakistan after two weeks of engagements. The IMF team visited Karachi and Islamabad from September 24 to October 8 to discuss the second review .

No signs of improvement: Gita Gopinath slams 'Liberation Day' tariffs

On April 2, Trump announced an unparalleled increase in tariffs on goods imported into the US from most of its trading partners during a ceremony labelled "Liberation Day"

Centre appoints former RBI Governor Urjit Patel as IMF's executive director

Patel's appointment comes four months after Krishnamurthy Subramanian was recalled by the government from IMF

Urjit Patel appointed executive director at IMF for 3-year term: Who is he

Former RBI governor Urjit Patel has been appointed executive director at the IMF for three years. Here's a look at his career and what the role entails

IMF raises India's GDP growth projection by 20 bps to 6.4% for FY26

IMF revises India's FY26 GDP growth to 6.4%, citing a favourable external environment; global growth also projected higher for 2025 and 2026

IMF's Gita Gopinath to return to Harvard University at end of August

She will become the inaugural Gregory and Ania Coffey Professor of Economics in the Department of Economics at Harvard University

Jagdeep Dhankhar resigns, Apache arrival, Eternal stock, IMF's Gita Gopinath & more top #newsin1min

Vice President Jagdeep Dhankhar resigned on Monday, citing medical reasons. President Droupadi Murmu has accepted the resignation, and PM Modi responded today, wishing him well.

India now makes fastest payments globally, driven by UPI: IMF note

UPI now processes more than 18 billion transactions per month and dominates other electronic retail payments in India, the note said

Brics finance ministers make unified proposal for voting reform at IMF

The joint statement by the group's finance ministers marks the first time the Brics countries have agreed on a unified position on the proposed reforms

IMF says US tax, spending bill runs counter to deficit-cutting advice

Bessent, who manages the US stake, has criticized the Fund for straying too far from its core economic stability and surveillance missions