IMF

Pakistan has assured the International Monetary Fund (IMF) that it would try to seek concessions from the China-Pakistan Economic Corridor (CPEC) power plants in a bid to “remove one of the bottlenecks in finalisation of a staff-level…
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Scenes emerging from Sri Lanka yet again raised global concerns this weekend as demonstrators stormed the palace of Gotabaya Rajapaksa while the president reportedly fled. After having ignored calls for his resignation for several months,…
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The prices of petroleum products in Pakistan shot up on Friday after the Shehbaz Sharif-led government, left with fewer options to prevent the country from spiralling into a deeper economic crisis, reduced the fuel subsidies by a record…
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Pakistan Prime Minister Shehbaz Sharif-led government is likely to gradually abolish subsidies on petrol and with this, there will be an increase in the prices of petroleum products for the next fortnight. As per the sources, ahead of…
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Crisis-ridden Sri Lanka on Tuesday said it was defaulting on its external debt of around $51 billion pending a bailout from the International Monetary Fund, with whom talks are scheduled for later this month. Sri Lanka’s finance ministry…
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India has almost eradicated extreme poverty and brought down consumption inequality to its lowest levels in 40 years through state-provided food handouts, according to a new working paper published by the International Monetary Fund (IMF).…
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International Monetary Fund Chief Economist Gita Gopinath is set to take over from Geoffrey Okamoto as the institution’s No. 2 official, the institution said Thursday. The move comes as a surprise because Gopinath, the first woman to serve…
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The International Monetary Fund said Friday it will decide “very soon” whether its embattled managing director Kristalina Georgieva keeps her job. An investigation by a law firm has concluded that she manipulated data in favor of China…
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