Imf

Pakistan "Very Close" To Securing IMF Bailout, Says Finance Minister

World News | Reuters | Monday February 11, 2019

Pakistan is likely to secure an International Monetary Fund (IMF) bailout soon to stave off a balance of payment crisis and help shore up its economy, Finance Minister Asad Umar said on Monday, as talks between Islamabad and the fund continue.

US Team In Beijing For Trade Talks After IMF "Storm" Warning

World News | Agence France-Presse | Monday February 11, 2019

US negotiators were in Beijing on Monday for a new round of high-stakes trade talks, hoping to reach a deal before the March 1 deadline set by Donald Trump as the IMF warned of a possible global economic "storm".

IMF Ready To Support Pak, Christine Lagarde Says After Meeting Imran Khan

World News | Agence France-Presse | Sunday February 10, 2019

International Monetary Fund chief Christine Lagarde on Sunday met Pakistani Prime Minister Imran Khan and assured him that IMF stands ready to support his country.

Imran Khan To Meet IMF Chief Christine Lagarde For Talks On Bailout

World News | Reuters | Saturday February 9, 2019

Pakistani Prime Minister Imran Khan will meet International Monetary Fund (IMF) chief Christine Lagarde in Dubai on Sunday for talks on issues which have held up bailout negotiations, a Pakistani minister said on Saturday.

China To Provide $2.5 Billion Loan To Pak To Boost Foreign Reserves

World News | Press Trust of India | Saturday February 2, 2019

China will provide USD 2.5 billion in loans to Pakistan to boost the foreign exchange reserves of its "all-weather ally", a media report said Saturday.

UAE, Pakistan Sign $3 Billion Bailout Package To Shore Up Economy

World News | Press Trust of India | Wednesday January 23, 2019

Pakistan and the United Arab Emirates (UAE) on Tuesday signed a USD 3 billion bailout package, as part of Abu Dhabi's support to boost the cash-strapped country's dwindling dollar reserves.

IMF's Gita Gopinath Has To Tread Carefully, Says Raghuram Rajan

Business | Andrew Mayeda, Bloomberg | Tuesday January 22, 2019

Especially in borrower countries like Greece and Argentina, the IMF still gets portrayed as an enforcer of one-size-fits-all policies based on austerity and the unimpeded flow of goods and money.

Davos Elites Face Urgent Warnings On Populist Rage, Economic Uncertainty

World News | Agence France-Presse | Wednesday January 23, 2019

Global elites descending on Davos for the World Economic Forum faced urgent warnings from Oxfam and the IMF on Monday that the international economy is at risk, as swelling inequality stokes public anger.

On Goods And Services Tax, IMF Chief Economist Flags Execution Worries

India News | Written by Vishnu Som | Tuesday January 22, 2019

Proper implementation of the Goods and Services Tax is a work in progress, Gita Gopinath, the Chief Economist of the International Monetary Fund said today. In an interview to NDTV, Ms Gopinath said, "The indirect tax revenues which have come in are weaker than were expected, which is partly a reflection of how it was rolled out and the implementat...

"India's Economy Healthy, May Grow 7.5%": IMF Chief Economist To NDTV

India News | Reported by Vishnu Som, Edited by Anindita Sanyal | Monday January 21, 2019

A healthy 7.5 per cent growth is what the International Monetary Fund had predicted for India for this year, its Chief Economist Gita Gopinath told NDTV today. The figure, she said, puts India in the bracket of "one of the fastest-growing, large economies of the world".

IMF Trims Global Growth Outlook Citing Trade War, No-Deal Brexit

Business | Thomson Reuters | Monday January 21, 2019

IMF predicted global economy to grow at 3.5% in 2019 and 3.6% in 2020, down 0.2 and 0.1 percentage point respectively from last October's forecasts.

Indian Economy Expected To Grow At 7.5% In 2019, Says IMF

Business | Press Trust of India | Monday January 21, 2019

The International Monetary Fund in its January World Economy Outlook update on Monday said India would remain the fastest growing major economies of the world.

Sri Lanka Asks IMF To Revive Suspended $1.5-Billion Bailout

World News | Agence France-Presse | Wednesday January 16, 2019

Sri Lanka has appealed to the International Monetary Fund to revive a $1.5-billion bailout suspended during the island nation's political crisis late last year, the finance ministry said Wednesday.

Pakistan Minister Says Not Approaching IMF For New Bailout Programme

World News | Press Trust of India | Sunday January 13, 2019

Pakistan will not approach the International Monetary Fund (IMF) for a new bailout package and is considering alternative options to tide over its economic crisis, Finance Minister Asad Umar said on Saturday.

Mysore-Born Gita Gopinath Joins IMF As First Woman Chief Economist

India News | Press Trust of India | Tuesday January 8, 2019

Mysore-born Gita Gopinath has joined International Monetary Fund as its chief economist, becoming the first woman to occupy the top IMF post.