June 8, 2024, 12:58 AM - 3 mins read
Sri Lanka's macroeconomic policy reforms have started to "bear fruit" and the country is expected to reach agreements with external commercial creditors soon, the IMF has said ahead of the second review of it's USD 2.9 billion bailout programme to the cash-strapped country.
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June 7, 2024, 12:29 AM - 2 mins read
Despite the positive export data, doubts remain about the sustainability of these sales, given the prolonged property crisis and its impact on domestic demand. This concern was underscored by the latest import figures, which showed a persistent weakness.
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May 1, 2024, 12:08 AM - 3 mins read
The report underlined the potential for further reductions in headline inflation, attributed to lower energy prices across several economies in the Asia-Pacific region. However, it cautioned that food price pressures, particularly concerning rice, might impede headline disinflation in India.
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April 20, 2024, 12:09 AM - 2 mins read
A high-level Pakistani delegation led by Finance Minister Muhammad Aurangzeb is currently visiting Washington to attend the annual spring meetings of the IMF/World Bank.
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April 18, 2024, 12:47 AM - 6 mins read
The President of the European Central Bank, Christine Lagarde, aptly identifies the essential elements that propels India to greater heights, a path that the nation must tread upon, she states, “India’s story is one of the most compelling in the world, It has all the right ingredients for economic success, a young and dynamic population, a growing middle class, a diverse economy and a vibrant democracy”
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April 16, 2024, 09:07 AM - 2 mins read
In its earlier January 2024 update, the IMF had forecasted India's economy to grow at 6.5 percent in both 2024 and 2025.
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April 12, 2024, 06:01 AM - 2 mins read
"Inflation decelerated in single digits last year following a peak in 2022 and will remain below 10 per cent in 2024 and 2025. Challenges remain, and the upcoming electoral cycle must not delay the reforms required to address the recent economic crisis. Sri Lanka needs to address vulnerability to poverty to ensure inclusive growth," the ADB report cautioned.
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March 13, 2024, 12:48 AM - 3 mins read
He also announced the upcoming privatization of Pakistan International Airlines (PIA), the country's flag airline.
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March 13, 2024, 12:19 AM - 2 mins read
The International Monetary Fund (IMF) mission is likely to land in Pakistan on Wednesday to conduct an economic assessment regarding the USD 3 billion Stand-By Arrangement and simultaneously Islamabad is likely to request a USD 6-8 billion fresh loan programme, according to a report
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March 8, 2024, 11:43 AM - 3 mins read
The International Monetary Fund (IMF) dealt a blow to former Prime Minister Imran Khan's bid to tie economic assistance to Pakistan with an audit of the recent general elections in the country.
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February 29, 2024, 03:33 AM - 3 mins read
Pakistan's former prime minister Imran Khan has escalated his battle against alleged election fraud, urging the International Monetary Fund (IMF) to conduct a comprehensive audit of election results before considering further financial assistance to the country.
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February 23, 2024, 02:05 AM - 2 mins read
The International Monetary Fund (IMF) is expressing eagerness to collaborate with Pakistan's incoming government to ensure macroeconomic stability and prosperity, a top official stated.
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