Page 38 - Imf

Monetary policy must respond nimbly to second inflation round: IMF official

In a Q&A, the lead author of IMF's Asia and Pacific Outlook, dwells on the impact the Fed's move on the benchmark rate could impact India

IMF suggests revoking govt subsidies in Pak, talks scheduled on May 18

The Express Tribune reported that the IMF has informed the country's government that it could send a mission to Doha for one week on May 18

Ex-Pak FM Ishaq Dar advises govt to renegotiate IMF bailout package

"We have to run the country and not ruin it by taking dictations," said the former Finance Minister, reported Geo News

Sri Lanka economic crisis: Usable forex reserves now down at under $50 mn

Sri Lankan Finance Minister said discussions with several countries to obtain bridging finance are underway

India's $5-trillion economy dream: Not before FY29, says IMF

However, the IMF data conveys that the economy will be $4.92 trillion in FY28, clearly alluding to the fact that the target will be realised in FY29

IMF urges Lebanon to implement 'agreed-upon' reforms in timely manner

"Timely implementation of agreed-upon reforms is vital to obtaining the much-needed funding from the international community," said IMF Managing Director Kristalina Georgieva

IMF Chief Kristalina Georgieva tests positive for coronavirus

"Standard IMF and CDC (US Centers for Disease Control and Prevention) Covid protocols are being followed," Gerry Rice, IMF spokesperson, said in a statement

Ukraine seeks to get $5 billion from IMF per month: PM Denys Shmyhal

Ukraine is seeking to receive $5 billion from the International Monetary Fund (IMF) per month, Ukraine's media outlet Hromadske reported, citing the country's Prime Minister Denys Shmyhal.

High oil prices behind inflation in India, monetary tightening needed: IMF

To enhance India's growth potential, it is important to address structural weaknesses of the Indian economy that provide bottlenecks to achieve longer-lasting growth: Anne-Marie Gulde-Wolf

Hike taxes to address debt woes, IMF urges crisis-hit Sri Lanka

Cabinet clears proposal to limit Prez powers as Oppn gains momentum

Sri Lanka cabinet clears proposal to clip President Rajapaksa's power

Decision follows announcement from main opposition party that it has garnered enough support for a no-trust vote against the government.

Pakistan asks IMF to pour in more funds, raise programme duration

The country's new government led by Shehbaz Sharif has promised populist measures and kept fuel prices unchanged this month to provide relief to citizens grappling with Asia's second-fastest inflation

FM Sitharaman asks IMF, World Bank to give Sri Lanka low-income tag

This comes as India's southern neighbour deals with its worst-ever economic crisis.

Breakthrough in Pakistan-IMF bailout talks as $8-bn package approved

The size of the loan would be increased from the existing $6 billion to $8 billion - a net addition of $2 billion, a senior government functionary requesting anonymity said

Sri Lanka to appoint advisors on debt restructuring in next 20 days

Sabry said that the discussions he started with IMF officials in Washington would end on Sunday, and that there are a lot more discussions to be held ahead

IMF assures to support Sri Lanka's efforts to overcome economic crisis

The International Monetary Fund has assured support to debt-ridden Sri Lanka in its efforts to mitigate the current economic crisis

IMF says held 'fruitful' technical talks with Sri Lanka on loan request

The Fund said in a statement that the discussions included the need for Sri Lanka to implement 'a credible and coherent strategy' to restore macroeconoimc stability

China must be treated as equal Sri Lanka creditor: India to IMF, World Bank

"All creditors must be treated equally and with transparency," Sitharaman said in an interview in Washington Friday. "I've emphasized that point in general and in the context of Sri Lanka."

Sri Lanka says India, World Bank consider $2 billion bridge finance

The country of 22 million people is struggling to pay for imports after a sharp drop in foreign exchange reserves which has led to a currency devaluation and soaring inflation

India must boost credit, labour to raise growth potential, says IMF

"We had lost two years of growth" because of the pandemic, Choueiri said in a separate interview Friday with Bloomberg Television's Kathleen Hays. "There is still catch up growth happening in India."