Page 21 - International Monetary Fund

IMF urges India to prioritise food security, expand transfers to vulnerable

The International Monetary Fund has urged India to prioritise food security and expand transfers to the vulnerable in the wake of the global economic crisis

IMF, World Bank chiefs warn of debt squeeze in world's poorest nations

As interest rates rise, the debt pressures are mounting on developing countries, and we need to move urgently towards solutions, World Bank President David Malpass said

Speculation without data

Poverty estimates need govt surveys to resume

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

Financial stability risks risen amid Russia-Ukraine conflict: IMF

"Global financial conditions have tightened notably" and downside risks to the economic outlook have increased as a result of the Russian-Ukraine war, according to Global Financial Stability Report

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

Strong US-India relationship to strengthen global order: FM Sitharaman

Observing that the recent Indo Pacific Economic Framework (IPEF) is a fantastic thought which has come from the US, she said India is looking at it and will take a considered view

India headed for robust economic growth, says FM Sitharaman in US

Sitharaman is here to attend the annual spring meeting of the International Monetary Fund and the World Bank

FM meets IMF chief; discusses impact of geopolitics on global growth

Congratulating India on its successful vaccination programme to control spread of Covid-19, Georgieva also appreciated New Delhi for extending relief to other vulnerable countries to fight pandemic

IMF praises India's resilient economy, highlights structural reforms taken

The IMF MD Kristalina Georgieva lauded India's well-targeted policy mix that has helped the Indian economy remain resilient in her meeting with Finance Minister Nirmala Sitharaman in Washington DC

Crisis-hit Sri Lanka seeks emergency financial assistance from IMF

Sri Lanka is seeking up to $4 billion this year to tide over problems and pay creditors amid dwindling foreign reserves and Asia's fastest inflation

Pakistan to resume negotiations with International Monetary Fund

Pakistan now gearing up to re-initiate talks with the IMF and World Bank through a economic team, aiming to restart the IMF programme.

Major risks of crypto - money laundering and terror financing: Sitharaman

The Union Minister reached Washington today on an official visit to attend the Spring Meetings at the World Bank, the G20 Finance Ministers meeting and the Central Bank Governor Meeting (FMCBG)

FM Sitharaman, CEA Nageswaran to attend World Bank-IMF Spring Meeting

Sitharaman and CEA V Anantha Nageswaran are expected to represent the government at the World Bank-IMF Spring Meeting, which will take place in Washington DC from April 18 to April

S&P lowers Sri Lanka's sovereign rating to 'CC' indicating looming default

Suspension of external debt servicing by country triggers action

During Covid, free food helped rein in poverty in India: IMF paper

India has "eliminated low-income poverty (which is based the purchasing power parity or PPP of $1.9 per person a day)", the lead author of the paper said

'Pew's view that 75 mn pushed into poverty is an opinion survey'

"As India has eliminated low-income poverty and has become a lower-middle income country, it's more useful to start using the $3.2/day poverty line"

IMF funding to Pakistan virtually on hold till formation of new govt

As the political crisis in Pakistan turned into a constitutional crisis, the International Monetary Fund (IMF) funding to the country is expected to hit another 'pause'

India's forex reserves down by $2.03 billion to $617.648 billion

Continuing their downward trajectory for 3rd consecutive week, India's foreign exchange reserves declined by USD 2.03 billion to stand at USD 617.648 billion in week ended March 25, RBI data showed

Lanka to turn off street lights in deepening economic crisis; shares dive

The island of 22 million people is struggling with rolling blackouts for up to 13 hours a day because the government does not have enough foreign exchange for fuel imports