Page 39 - Imf

Pakistan govt's gross debt to be 71.3% of GDP in 2022: IMF projection

The report has projected government expenditure at 18.4 per cent of the GDP in 2022 and 17.1 per cent in 2023 compared to 18.6 per cent in 2021

IMF projects India's general fiscal deficit at 9.9% of GDP for FY23

Rising energy and food prices will put renewed pressure on fiscal deficits, IMF First Deputy Managing Director Gita Gopinath said in a tweet.

Lanka must ensure political stability before IMF deal: Dr Dushni Weerakoon

We have an economic crisis that has spilled out as a political crisis: Weerakoon

Speculation without data

Poverty estimates need govt surveys to resume

International Monetary Fund, World Bank chiefs raise global debt alarm

World Bank President Malpass called for a new process for restructuring debt burdens for developing nations amid concerns about a lack of transparency over how much they owe to China

IMF asks cash-strapped Sri Lanka to restructure huge foreign debt

Crisis-hit island nation also seeks bridge loans as IMF aid will take six months

Pakistan to cut expenditures, development funds to revive IMF programme

'We will seek revival of the IMF programme, and we will, God willing, do belt tightening, and cut PSDP (Public Sector Development Funds),' Ismail told a news conference in Islamabad

IMF says governments must protect vulnerable 'when things fall apart'

IMF Fiscal Affairs Director Vitor Gaspar said poor households spent up to 60% of their budgets on food, compared to just 10% for the average household in advanced economies

G20 nations need to coordindate urgently for economic recovery: Sitharaman

Finance Minister Nirmala Sitharaman has said that there is an urgent need for coordinated action across countries to not only enable swift post-pandemic recovery but also to build resilience to future shocks as she attended the G20 Emerging Market Economies meeting here. Sitharaman shared her insights on the economic outlook, risks and near-term policy challenges for Emerging Market Economies (EMEs) such as food and energy security and tightening of global financial conditions, the Ministry of Finance said. The the G20 Emerging Market Economies meeting was organised by the IMF on the sidelines of the upcoming G20 Finance Ministers and Central Bank Governors meeting. The Finance Minister, discussing the future of work and debt vulnerabilities, said that there is an urgent need for coordinated action across countries to not only enable swift post-pandemic recovery but also to build resilience to future shocks. Union Finance Minister Smt. @nsitharaman & Shri @DasShaktikanta @RBI ...

Should purchasing power parity of $3.2 be made India's formal poverty line?

Experts have some reservations about the methodology used to arrive at the number, and that the poverty figures under the existing PPP of $1.9 per person per day have been understated

Regulating crypto assets, digital currency India's priorities: IMF official

Regulating crypto assets and digital currency, addressing remaining regulatory concerns in banking and integrating with the global economy are among the few mid-term structural issues for India

Oil falls 5% to 107.25 dollar per barrel after IMF cuts growth outlook

Brent crude, the global benchmark, fell $5.91, or 5.22%, to settle at $107.25 a barrel, while U.S. West Texas Intermediate dropped $5.65, or 5.22%, to settle at $102.56 a barrel

IMF slashes India's FY23 GDP growth forecast to 8.2%

The IMF's projection of India's retail inflation is now at 6.1 per cent, higher than the Reserve Bank of India's (RBI's) forecast of 5.7 per cent

Ex-IMF economist Miftah Ismail has a tight time frame as Pak's FM

Ismail, who briefly held the post four years ago, brings with him a record of decisive policy action and a close relationship with PM Shehbaz Sharif but faces a daunting array of challenges

IMF considers rapid aid for debt-burdened Sri Lanka after India's push

A delegation headed by Sri Lanka's finance minister Ali Sabry kicked off formal talks with the IMF in Washington on Monday for a programme the government hopes will help top up its reserves

India backs Sri Lanka for much-needed IMF bailout package

India's Finance Minister Nirmala Sitharaman has affirmed her Sri Lankan counterpart Ali Sabry that India will fully support the deliberations of the island nation with the IMF

Citing Russia's war, IMF cuts global growth forecast to 3.6%

The war and the darkening outlook came just as the global economy appeared to be shaking off the impact of the highly infectious omicron variant

Oil slumps 5% after IMF cuts economic growth outlook

Prices fell despite lower output from OPEC+, which produced 1.45 million barrels per day (bpd) below its targets in March, as Russian output began to decline following sanctions

Brent crude dips 3.4% to $109.22 as IMF cuts global growth outlook

Brent crude was down $3.94, or 3.4%, to $109.22 a barrel at 1338 GMT, having risen more than $1 to $114.21 earlier in the session

IMF cuts global growth forecast due to 'seismic waves' from Ukraine war

The war is expected to slow growth and further increase inflation, the IMF said in its latest World Economic Outlook