Topics: International Monetary Fund
Business
IMF projects global economy growth at minus 3 in 2020
As the world is going through the huge economy fallout due to the coronavirus outbreak, the International Monetary Fund on Tuesday projected global economy...
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COVID-19: Imran Khan says ‘Pakistan can’t afford the nationwide lockdown’
As the confirmed case of the Coronavirus (COVID-19) in Pakistan reaches to 464, the Prime Minister of Pakistan, Imran Khan on Friday said that...
Business
India’s forex reserves increase by $441 million to a new lifetime high of $448.2 billion
India's forex reserves rose by $441 million to a fresh lifetime high of $448.249 billion in the week to November 15 on an increase...
Business
RBI: Forex reserves rose by $1 bn to $429.60 bn, Gold drops by $199 mn to $27.35 bn
The country's foreign exchange reserves increased by $1.004 billion to $429.608 billion in the week to September 6, helped by a rise in foreign...
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Cash-strapped Pakistan to miss IMF’s Rs 75 billion tax refund condition
Cash-strapped Pakistan is set to miss the International Monetary Fund's condition to refund Rs 75 billion to taxpayers in the first quarter despite an...
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IMF: Tariffs imposed by the U.S., China may decrease global GDP by 0.8% for 2020
Tariffs imposed or threatened by the United States, and China could shave 0.8% off global economic output in 2020 and trigger more losses in...
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Raghuram Rajan says, “Brexit is a reason why he didn’t apply for the job to lead Bank of England.”
RBI's ex-Governor Raghuram Rajan on Friday said that “the political challenge posed by the Brexit were the few reasons why he didn’t apply for...
Business
Imran Khan’s Finance Advisor: IMF’s $6 billion bailout package to Pakistan, would attract another $38 billion from other lenders
The IMF's decision to provide a USD 6 billion bailout package to Pakistan has improved the cash-strapped country's standing, and it would attract USD...
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Nirmala Sitharaman to attend G20 Finance Ministers meeting in Japan
Finance minister Nirmala Sitharaman will attend the two-day meeting of G-20 finance ministers and central bank governors in Japan beginning June 8, said a...
Business
Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis
Should European countries want the euro to replace the dollar as the world's dominant reserve currency, the Sino-US trade war may offer a window...
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Business
IMF’s bailout package for Pakistan to be delayed: Reports
The IMF's bailout package to Pakistan could be delayed as both sides are still engaged in an intense conversation to finalise the agreement and...
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EU to hit back on US tariffs over Airbus-Boeing subsidies dispute
French Finance Minister Bruno Le Maire has warned that Europe was ready to hit back at any US tariffs over Airbus subsidies as he...
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Shaktikant Das: Monetary economics in emerging markets needs a rethink
Observing that the global financial crisis has exposed several limitations of conventional and unconventional monetary policy tools, Reserve Bank of India (RBI) Governor Shaktikanta...
Business
China helps Pakistan with $2.1 billion loan
Cash-strapped Pakistan will receive over USD 2 billion loan from its "all-weather" ally China by Monday to provide a boost to its ailing economy,...
