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Pakistan Finance Secretary Latest To Be Sacked Amid IMF Bailout Talks

World News | Press Trust of India | Thursday May 23, 2019

Pakistan's Finance Secretary Mohammad Younus Dagha was sacked today, becoming the latest senior official to go amid the cash-strapped Imran Khan government's tough negotiations with the IMF for a bailout package.

Pakistan Received $6.5 Billion Loan From China In July-April: Report

World News | Press Trust of India | Thursday May 23, 2019

For the first time Pakistan has disclosed that it has taken a total debt of $6.5 billion from China in the current financial year, which is equal to 75 per cent of the total foreign loans of $8.6 billion the cash-strapped country received during the period.

Sri Lanka Gets Long-Delayed $164 Million Loan Installment From IMF

World News | Agence France-Presse | Tuesday May 14, 2019

The International Monetary Fund Tuesday released a long-delayed loan instalment to Sri Lanka, providing financial relief to a government still reeling from the Easter Sunday bombings that claimed 258 lives.

Imran Khan Calls High-Level Meeting To Discuss $6 Billion Bailout Package

World News | Indo-Asian News Service | Monday May 13, 2019

Pakistan's Prime Minister Imran Khan on Monday summoned a high-level meeting to discuss the country's $6 billion loan agreement with the International Monetary Fund (IMF) which was finalized following months of negotiations between the two sides.

Pakistan To Get $6 Billion From IMF Over Next Three Years: Official

World News | Agence France-Presse | Monday May 13, 2019

Pakistan will get $6 billion from the IMF over the next three years to meet its foreign debt obligations, the country's advisor on finance said on state television after an signing the agreement.

Tensions Between US, China Are "Threat For World Economy", Says IMF Chief

World News | Agence France-Presse | Tuesday May 7, 2019

The head of the International Monetary Fund said Tuesday that fresh trade tensions between the United States and China were the main threat to the world economy.

Amid Bailout Talks, Pak Appoints Ex-IMF Official As State Bank Governor

World News | Press Trust of India | Sunday May 5, 2019

A Pakistani economist working for the International Monetary Fund (IMF) has been appointed as the governor of the State Bank of Pakistan (SBP), as the cash-strapped country seeks to finalise a multi-billion dollar bailout package from the global lender.

IMF Delegation In Pakistan To Hold Talks On Bailout Package

World News | Press Trust of India | Monday April 29, 2019

A delegation of the International Monetary Fund (IMF) arrived in Pakistan today to hold technical discussions for a bailout package to the cash-strapped country, days after Prime Minister Imran Khan met IMF chief Christine Lagarde in China.

Imran Khan Meets IMF, World Bank Chiefs Seeking Bailout Package For Pak

World News | Press Trust of India | Friday April 26, 2019

Pakistan Prime Minister Imran Khan Friday held separate meetings with International Monetary Fund chief Christine Lagarde and World Bank CEO Kristalina Georgieva and discussed the cash-strapped country's efforts to tide over the financial woes.

Pak Finance Minister Steps Down In Cabinet Reshuffle Ahead Of IMF Deal

World News | Reuters | Friday April 19, 2019

Pakistani Finance Minister Asad Umar on Thursday said he would step down in a cabinet reshuffle by Prime Minister Imran Khan, raising fresh questions on plans for averting an economic crisis amid bailout talks with the International Monetary Fund.

IMF May Delay Bailout Package To Cash-Strapped Pakistan: Report

World News | Press Trust of India | Monday April 15, 2019

The IMF's bailout package to cash-strapped Pakistan could be delayed as the global lender is pressing it to be transparent on the CPEC project and wants a written guarantee from Islamabad that its assistance will not be used to repay the loans to China, a media report said on Monday.

Rupee Ends Higher At 69.11 Against Dollar

Business | Press Trust of India | Wednesday April 10, 2019

Forex dealers said selling of the American currency by exporters supported the rupee. Moreover, IMF's bullish growth outlook for the Indian economy added strength to the local currency.

IMF Cuts Global Growth Outlook Amid Trade Tensions, Brexit Worries

Business | Thomson Reuters | Tuesday April 9, 2019

The global economy will likely grow 3.3 per cent this year, its slowest expansion since 2016, the IMF said in a forecast that cut 0.2 percentage point from its January outlook.

Indian Economy To Grow 7.3% In 2019: IMF

Business | Press Trust of India | Tuesday April 9, 2019

In 2019, the International Monetary Fund (IMF) projected a growth rate of 6.3 per cent for China and 6.1 per cent in 2020

Tariffs Won't Eliminate Deficits, Cause Self-Inflicted Wounds: IMF Chief

World News | Indo-Asian News Service | Wednesday April 3, 2019

Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has said that imposing import tariffs won't eliminate trade deficits and will cause "potentially self-inflicted wounds".