Page 22 - International Monetary Fund

India has safeguards in place to mitigate risks from capital flows: IMF

India, which has received a record number of FDI during the last few years despite Covid, has quite a few safeguards in place to mitigate the risks from capital flows, the IMF said

Sri Lanka: No medicines, 10-hour power cuts as economic crisis worsens

Ceylon Petroleum requested the public not to queue for diesel on Wednesday and Thursday after the state-run refiner failed to unload a shipment of 37,500 metric tonnes of the fuel

A world that's more expensive is starting to destroy demand

Global food prices set a record last month, according to UN, as Russia-Ukraine invasion disrupted shipments from countries that, together, supply 1-quarter of world's grain and much of its cooking oil

Will tax the rich and give money to poor: Imran ahead of no-trust vote

Pakistan opposition parties have moved a no-confidence motion against Prime Minister Imran Khan in the country's Parliament. It is expected to be taken up when the National Assembly meets again today

Sri Lanka sends troops to fuel stations, aims to restructure its debt

The country will also hire a global law firm to provide technical assistance on debt restructuring ahead of talks with the International Monetary Fund on the country's economic crisis

IMF asked Pak to show how it would fund $1.5 bn subsidy package: Minister

The International Money Fund (IMF) has asked Pakistan to explain how it would fund a $1.5 billion subsidy package announced by Prime Minister Imran Khan, Finance Minister Shaukat Tarin said on Sunday

Argentina's $45 bn debt deal with IMF gets final legislative approval

Argentina's Senate gave final legislative approval Thursday for President Alberto Fernndez's administration to refinance government's $45 bn debt with International Monetary Fund and avoid a default

IMF not asking for removal of central bank Governor: Sri Lanka

Addressing the nation on Wednesday evening, President Gotabaya Rajapaksa said that he has decided to work with the IMF to overcome Sri Lanka's economic woes, reports Xinhua news agency

Lessons from Ukraine crisis

It's time to cushion India from the same 'oil shock' story

Protests flare in Sri Lanka as govt readies for IMF talks: Report

President Gotabaya Rajapaksa's government said it will begin talks next month with the International Monetary Fund for assistance

Ukraine's economy can shrink by up to 35% if war continues, says IMF

Ukraine's economy is expected to shrink by 10 per cent in 2022 as a result of Russia's military operations, Ukrainian media reported citing the International Monetary Fund report

Top headlines: LIC may have to be revalued, Russia-Ukraine to hold talks

RBI has publicly expressed strong reservations against permitting cryptocurrencies

India's forex reserves rise by $394 million to $631.92 billion

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves

IMF approves $1.4 billion in emergency financing for Ukraine amid conflict

The International Monetary Funds has approved USD 1.4 billion in emergency financing for Ukraine amid the ongoing war with Russia, the fund said in a statement

Price shocks due to Russia-Ukraine war will have impact worldwide: IMF

Energy and commodity prices including wheat and other grains have surged due to the Ukraine war, adding to inflationary pressures from supply chain disruptions and the rebound from the Covid, IMF said

Pakistan confident of defending $1.5 billion fuel subsidy at IMF review

PM Khan this week announced a cut in fuel and electricity prices despite a steep global rise in the cost of oil, pledging to freeze the new rates for 4 months

Argentina, IMF reach preliminary $44.5 bn deal to resolve debt burden

Argentina and the International Monetary Fund (IMF) have reached a preliminary $44.5 billion agreement to help the South American country manage its debt burden, the Economy Ministry here said.

Sri Lanka central bank raises interest rates as inflation worries mount

Sri Lankan central bank raised interest rates, its second straight increase, to curb growing inflationary pressures amid an ongoing foreign exchange crisis that threatens to derail domestic economy

Sri Lanka central bank raises interest rates as inflation worries mount

Sri Lankan central bank raised interest rates, its second straight increase, to curb growing inflationary pressures amid an ongoing foreign exchange crisis that threatens to derail domestic economy

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