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Page 43 - Imf

IMF urges Sri Lanka to focus on monetary policy to tackle inflation rise

IMF said Sri Lanka needs to tighten its monetary policy to contain rising inflation, put its high debt repayments on track and reverse one of the worst financial crises the country has faced in years

IMF urges Sri Lanka to focus on monetary policy to tackle inflation rise
Updated On : 03 Mar 2022 | 6:43 AM IST

IMF Ukraine loan payout jeopardized by Russian invasion uncertainty

President Volodymyr Zelenskiy's beleaguered government has been counting on the IMF to unlock the next $700 million from a $5 billion loan for Ukraine approved in 2020.

IMF Ukraine loan payout jeopardized by Russian invasion uncertainty
Updated On : 26 Feb 2022 | 9:10 AM IST

Repercussions of Ukraine situation pose 'significant economic risks': IMF

The IMF Chief said she met earlier on Friday with IMF Executive Board to brief Executive Directors on the initial assessment of the unfolding situation

Repercussions of Ukraine situation pose 'significant economic risks': IMF
Updated On : 26 Feb 2022 | 7:10 AM IST

Forex reserves jump by $2.76 bn to $632.95 bn: RBI data

In the previous reporting week, the overall reserves had declined by USD 1.763 billion to USD 630.19 billion

Forex reserves jump by $2.76 bn to $632.95 bn: RBI data
Updated On : 25 Feb 2022 | 7:50 PM IST

IMF support sparks debate in Pakistan over 'decades of begging' for loans

Amid the release of a fresh tranche of loans from the IMF, the Pakistani government is facing backlash from civil society, over the unending series of loans, a report said on Thursday.

IMF support sparks debate in Pakistan over 'decades of begging' for loans
Updated On : 25 Feb 2022 | 12:11 PM IST

Sri Lanka open to discussions with IMF as economic situation worsens

Sri Lanka is open to discussions with the IMF and other multilateral lenders for assistance, a cabinet spokesman said on Tuesday, as it faces its worst economic crisis in years.

Sri Lanka open to discussions with IMF as economic situation worsens
Updated On : 22 Feb 2022 | 3:31 PM IST

Imran Khan surrendered country's economic control to IMF: Pak Opposition

'Imran promised to build 5 million homes, but instead made millions of people homeless; he promised to liberate the country of IMF, but instead given the State Bank under its control,' he said

Imran Khan surrendered country's economic control to IMF: Pak Opposition
Updated On : 19 Feb 2022 | 1:20 PM IST

IMF sees inflation as 'significant risk'

Headline inflation has moved above central bank targets in most Group of 20 economies despite weaker growth momentum and remains a "significant risk"

IMF sees inflation as 'significant risk'
Updated On : 16 Feb 2022 | 10:12 PM IST

'No to the IMF': Thousands protest in Argentina against debt deal

The protesters paraded through the capital with banners saying "no to paying the IMF" and "no to an IMF deal", a sign of rising tension in the South American nation

'No to the IMF': Thousands protest in Argentina against debt deal
Updated On : 09 Feb 2022 | 9:38 AM IST

China's 'zero-Covid' curbs may hurt global growth, says BOJ policymaker

The remark follows a warning last month by IMF head Kristalina Georgieva that China should reassess its zero-Covid approach to the pandemic

China's 'zero-Covid' curbs may hurt global growth, says BOJ policymaker
Updated On : 09 Feb 2022 | 9:34 AM IST

IMF's $1-bn tranches to Pakistan leads to Rs 160-bn taxes on salaried class

Pakistan committed IMF to draft Personal Income Tax legislation till February end and it will be announced in the budget for 2022-23 and will become effective from July 1, 2022

IMF's $1-bn tranches to Pakistan leads to Rs 160-bn taxes on salaried class
Updated On : 05 Feb 2022 | 5:31 PM IST

IMF focus on saving Argentina from dangerous inflation path

The pact would help refinance more than $40 billion of outstanding debt the nation has with the lender stemming from the record 2018 bailout

IMF focus on saving Argentina from dangerous inflation path
Updated On : 04 Feb 2022 | 5:14 PM IST

'Too early to say' if world faces sustained inflation: IMF chief Georgieva

The IMF last week cut its economic forecasts for the United States, China and the global economy

'Too early to say' if world faces sustained inflation: IMF chief Georgieva
Updated On : 04 Feb 2022 | 6:34 AM IST

Budget 2022-23 thoughtful policy agenda for India: IMF chief Georgieva

We have been projecting a quite robust growth for India: Georgieva

Budget 2022-23 thoughtful policy agenda for India: IMF chief Georgieva
Updated On : 04 Feb 2022 | 6:18 AM IST

International Monetary Fund approves $1 billion loan tranche for Pakistan

The IMF's Executive Board held a meeting in Washington DC to consider Pakistan's request for completion of the sixth review and release of a $1 billion tranche under the Extended Fund Facility (EFF)

International Monetary Fund approves $1 billion loan tranche for Pakistan
Updated On : 03 Feb 2022 | 1:59 PM IST

IMF staff cut critical coal language from Japan statement: Report

The IMF issued the report on Jan. 28 at the conclusion of a routine country surveillance mission to Tokyo to review Japan's economic policies

IMF staff cut critical coal language from Japan statement: Report
Updated On : 03 Feb 2022 | 11:08 AM IST

Pakistan seeks to end 50 years of IMF debt with ESG bond, trade

Finance Minister Shaukat Tarin, who negotiated the last leg of its current IMF loan, is targeting a budget shortfall to 5%-5.25% of gross domestic product in the year starting July 1

Pakistan seeks to end 50 years of IMF debt with ESG bond, trade
Updated On : 03 Feb 2022 | 9:06 AM IST

Imran Khan passes mini budget to appease IMF but angers citizens

Already unemployment among the educated youth is increasing at a time when inflation in December touched 12.3 per cent, up from 11.5 per cent in November

Imran Khan passes mini budget to appease IMF but angers citizens
Updated On : 31 Jan 2022 | 2:36 PM IST

Argentina reaches agreement with IMF to refinance $40 bn debt

Argentina has reached an agreement with the International Monetary Fund to refinance more than USD 40 billion in debt, President Alberto Fernndez said Friday.

Argentina reaches agreement with IMF to refinance $40 bn debt
Updated On : 28 Jan 2022 | 8:38 PM IST

IMF recommends Indonesia central bank limit direct bond purchases in 2022

Some of the liquidity support has come in the form of government bond purchases in auctions and through private placement, to limit the government's debt interest expenses

IMF recommends Indonesia central bank limit direct bond purchases in 2022
Updated On : 26 Jan 2022 | 1:26 PM IST