Page 19 - International Monetary Fund
Pakistan says it's shut out of global bond markets with IMF only resort
Pakistan's government is unable to secure funding from the global bond market and commercial banks, making it even more important to secure an agreement with the IMF
 "Pakistan says it's shut out of global bond markets with IMF only resort")
Need ample assurances on Sri Lanka's debt sustainability restoration: IMF
As Sri Lanka's public debt is assessed as "unsustainable," the IMF said it requires sufficient assurance from the nation that it will restore debt sustainability during the debt restructuring process
 "Need ample assurances on Sri Lanka's debt sustainability restoration: IMF")
Pakistan govt caves in to IMF, petrol prices increase by one fourth
The Pakistan government increased the rate of petroleum products by 30 PKR per litre, or up to one-fourth of their existing prices, paving the way for reaching a staff-level agreement with IMF
 "Pakistan govt caves in to IMF, petrol prices increase by one fourth")
Sri Lanka PM Wickremesinghe stresses urgency for economic reform plan
Sri Lanka's PM Ranil Wickremesinghe said that he will quickly prepare an economic reform programme and seek approval from the International Monetary Fund
 "Sri Lanka PM Wickremesinghe stresses urgency for economic reform plan")
Sri Lanka PM appointed as finance minister, to lead debt talks with IMF
He has held talks with foreign envoys, including from India, China and the US, and discussed with representatives from ADB and World Bank ways to replenish food, fertilizer and medicine supplies
 "Sri Lanka PM appointed as finance minister, to lead debt talks with IMF")
Default threat reaches Pak as inflation rises, political crisis worsens
Without a bailout from the International Monetary Fund, Pakistan may default for the second time in its history amidst inflation at its peak.
 "Default threat reaches Pak as inflation rises, political crisis worsens")
Pak FM rules out removal of fuel, power subsidies ahead of IMF talks
Pakistan FM Miftah Ismail said on Monday that the government will not remove subsidies on power and fuel as per the commitment made by the previous government with the IMF.
 "Pak FM rules out removal of fuel, power subsidies ahead of IMF talks")
WEF summit: More forecast downgrades possible, no recession, says IMF
Members of the global elite are back in Davos after a two-year hiatus due to the pandemic
 "WEF summit: More forecast downgrades possible, no recession, says IMF")
Unexpected, but also unacceptable
Russian invasion's multi-dimensional impact, and India's meek acceptance of the damage done to its economy
 "Unexpected, but also unacceptable")
India's foreign exchange reserve declines by $2.67 billion to $593 billiion
In the previous reporting week, forex reserves stood at $595.95 billion.
 "India's foreign exchange reserve declines by $2.67 billion to $593 billiion")
IMF 'corrects' maths, says India to be $5-trillion economy by FY27
CEA disputed IMF's earlier projections that showed goal to be achieved by 2028-29
 "IMF 'corrects' maths, says India to be $5-trillion economy by FY27")
Not lowering fuel subsidies till govt survival assured, Pak PM Sharif
Pakistan is under considerable pressure from the International Monetary fund (IMF) to cut down on the fuel subsidies for taking the bailout package discussions further
 "Not lowering fuel subsidies till govt survival assured, Pak PM Sharif")
WEF 2022: What does 'global debt' mean and how high is it at present?
The current debt wave is the world's fourth since 1970, the World Bank says
 "WEF 2022: What does 'global debt' mean and how high is it at present?")
IMF increases weighting of dollar, yuan in SDR basket amid weakness
The IMF raised the yuan's weighting to 12.28 per cent from 10.92
 "IMF increases weighting of dollar, yuan in SDR basket amid weakness")
India's foreign exchange reserves drop by $1.7 billion; hit 1-year low
In the previous reporting week, the overall reserves had declined by $2.695 billion to $597.728 billion, falling below the $600 billion mark
 "India's foreign exchange reserves drop by $1.7 billion; hit 1-year low")
Pak leader claims IMF delaying meeting, seeking hike in petroleum prices
As per Pakistan Tehreek-i-Insaf spokesperson on finance Muzzammil Aslam, the IMF has deferred a meeting with Pakistan authorities until May 18 as they are seeking a hike in petrol and diesel prices
 "Pak leader claims IMF delaying meeting, seeking hike in petroleum prices")
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
 "Ex-Pak FM Ishaq Dar advises govt to renegotiate IMF bailout package")
Sri Lanka, IMF to start next round of technical discussions amid crisis
The International Monetary Fund (IMF) announced it will begin the next round of technical discussions with Sri Lanka from May 9-23
Nepal should engage in monetary tightening to bolster forex, says IMF
Nepal, a landlocked country between China and India, has banned luxury goods imports until mid-July to rein in capital outflows
 "Nepal should engage in monetary tightening to bolster forex, says IMF")