Page 17 - International Monetary Fund

Pak expected to secure $1.2 bn from IMF, may help ease pressure on currency

Pakistan's currency and bonds have been hammered this month as the specter of political uncertainty delaying IMF support for the nation unnerves investors

IMF cuts global growth forecast for next 18 mths, ups inflation projection

The IMF said problems in the US, China and the eurozone had resulted in global output falling in the second quarter of this year -- the first contraction since the start of the Covid-19 pandemic.

IMF raises concerns Mauritius' rising public sector debt in current fiscal

The International Monetary Fund (IMF) remains concerned over Mauritius's public sector debt as a percentage of GDP, estimated at 88.1 per cent for FY 2022-2023

Biggest market jump in a month adds Rs 3.4 trillion to investor wealth

1.4% jump comes on the back of easing recession fears, China policy support

IMF to slash global economic growth outlook 'substantially' at next review

The IMF already downgraded its outlook for the global expansion this year to 3.6 per cent, from 4.4 per cent before the war in Ukraine, in its April report

World faces increasing risk of recession in next 12 months, says IMF

The commodity price shock from the war in Ukraine had exacerbated the cost-of-living crisis for hundreds of millions of people, Kristalina Georgieva said and it was 'only getting worse'

IMF has warned that a long downturn is happening. But is anyone listening?

The IMF has not minced any words when it comes to fiscal policy. It has always advocated tight control over the political inclination to spend now and let someone else worry about the future

Pakistan reaches a staff-level agreement with IMF for $1.2-bn loan

A $1.2 billion disbursement is expected in August after the IMF's management gives final approval

Asian countries in talks for settling trade in domestic currencies

Countries to accept trading partners' currency; move aimed at reducing dollar dependence

Lanka central bank chief to stay in job; new Prez to be elected on July 20

Governor P. Nandalal Weerasinghe, who has been holding bailout talks with the IMF since taking office in April, had told reporters in May he could resign if there was no political stability

Closely monitoring, hope crisis in Sri Lanka resolves soon, says IMF

The IMF said that it was closely monitoring the situation in Sri Lanka and hoped that the political crisis will be resolved soon to allow for the resumption of dialogue on an IMF-supported programme

Sri Lanka to present debt restructuring programme to IMF by August: PM

Sri Lanka will present a debt restructuring programme to the IMF by August to secure a bailout package, Prime Minister Ranil Wickremesinghe told Parliament

Japan to provide support to Sri Lanka for economic programme: Envoy Hideaki

Japanese Ambassador to Sri Lanka Mizukoshi Hideaki said that Japan is ready to support Sri Lanka for its economic programme with the IMF and for the development activities of the country

IMF sets tough conditions for Pak to revive $6 bn loan facility: Report

The International Monetary Fund has also asked Pakistan to set up an anti-corruption task force to review all the existing laws that were aimed at curbing graft in the government departments

IMF warns of risks from China's slowing Covid-19 vaccination rates

About 375 million people over the age of 15 in China have yet to receive three doses of a vaccine, while the daily vaccination rate has fallen below 800,000 per day

Sri Lankan PM Wickremesinghe hold talks with IMF team on economic programme

Sri Lankan Prime Minister Ranil Wickremesinghe on Monday held talks with a visiting IMF team on an economic programme that could be supported by the global lender's lending arrangement

Blinken assures Sri Lanka of support after IMF negotiations conclude

US Secretary of State Antony Blinken has assured crisis-hit Sri Lanka of support to promote American investments in the country after the completion of IMF negotiations

IMF still has concerns over Pakistan's budget, says finance minister

Pakistan's finance minister has asserted that the International Monetary Fund is concerned regarding the recently released Pakistani budget. However the govt is trying to pacify them in the best way

G7 eyes allocating $100 billion from IMF funds to COVID-ravaged nations: US

The issue will be on the table when G7 leaders discuss how to help steer the world's recovery from the coronavirus pandemic at a 3-day summit in Cornwall, southwestern England, which begins Friday

G7 countries to provide $19.8 billion in aid to crisis-hit Ukraine

The International Monetary Fund will be assisting with the package, German Finance Minister Christian Lindner, the host of the meeting, told reporters.