Imf

IMF Warns Trade Tariffs Could Come At "Significant Economic Cost"

World News | Agence France-Presse | Friday September 21, 2018

Worsening trade tensions and exchange of tariffs could cause "significant economic cost" to the global economy, an International Monetary Fund spokesman warned Thursday.

Real Effective Depreciation Of 6-7% In Rupee, Says IMF

Business | Press Trust of India | Tuesday September 18, 2018

Rupee Vs US Dollar: Economy is recovering from two transitory disruptions - Goods and Services Tax and notes ban, says IMF spokesperson Gerry Rice.

IMF Lists "Pluses And Minuses" Of Notes Ban, Explains Real Value Of Rupee

India News | Press Trust of India | Tuesday September 18, 2018

IMF spokesperson Gerry Rice said the International Monetary Fund continues to assess the impact of demonetisation on an ongoing basis.

Mike Pompeo Said US Won't Block Us If We Seek IMF Bailout: Pak Minister

World News | Reuters | Wednesday September 12, 2018

U.S. Secretary of State Mike Pompeo assured Pakistan last week that Washington would not try to block any request for a bailout from the International Monetary Fund, Pakistani Information Minister Fawad Chaudhry said on Tuesday.

Cash-Strapped Pakistan Could Be Eying IMF Bailout: Report

World News | Press Trust of India | Tuesday September 11, 2018

Pakistan has invited a team of IMF experts to visit the country by the end of this month as its economy faced a balance-of-payments crisis, a media report said today

Ban Cheese Imports? Pakistan Discusses New Ideas To Avoid IMF Bailout

World News | Reuters | Sunday September 9, 2018

Pakistani economic advisors discussed banning imports of luxury cars, smartphones and cheese in a wide-ranging strategy session on how to avoid seeking a bailout from the International Monetary Fund (IMF), a senior government advisor said.

Pak At Risk Of Debt Over Trade Corridor Project With China: US Senators

World News | ANI | Tuesday September 4, 2018

A group of US senators has warned that Pakistan is likely to face debt distress due to rising current account deficit and external obligations linked to the China Pakistan Economic Corridor or CPEC. The new government in Pakistan led by Prime Minister Imran Khan has already indicated it may pursue a bailout by the International Monetary Fund. Analy...

Economic Growth Higher Under Modi Government: Arun Jaitley In Blog

India News | Indo-Asian News Service | Sunday August 26, 2018

Referring to the latest International Monetary Fund (IMF) report on India, Finance Minister Arun Jaitley on Sunday said that it was only with the NDA coming to the power in 2014 that the economy had undergone a transformational change.

"World Says Sleeping Elephant Has Woken UP": PM Lauds Pace Of Reforms

India News | Press Trust of India | Wednesday August 15, 2018

Prime Minister Narendra Modi today on the occasion of 72nd Independence Day said India will be the engine of growth for the world economy for the next three decades as the "sleeping elephant" has started to run on the back of structural reforms like GST.

India's GDP To Grow At 7.5% In Fiscal 2020, Says IMF

Business | Press Trust of India | Thursday August 9, 2018

Growth is forecast to rise to 7.3% in fiscal year 2018/19 and 7.5% in 2019/20 on strengthening investment, robust private consumption, IMF said.

IMF Forecasts India's GDP To Grow At 7.5 Per Cent In 2019-20

India News | Press Trust of India | Thursday August 9, 2018

India is projected to clock an economic growth of 7.5 per cent in the 2019-2020 fiscal year on strengthening of investment and robust private consumption, the International Monetary Fund or IMF said in its latest report.

India On Course To Hold On To "Fastest Growing" Tag, Says IMF

India News | Indo-Asian News Service | Thursday August 9, 2018

Observing that India''a near-term macroeconomic outlook is "broadly favorable", the International Monetary Fund (IMF) has said that the country is on course to hold its position as one of the fastest growing economies in the world.

Pakistan To Decide Between IMF Or Chinese Bailout Soon: Asad Umar

World News | Agence France-Presse | Wednesday August 8, 2018

Pakistan will decide on whether to seek a bailout from the International Monetary Fund or friendly nations such as China by the end of September, according to Asad Umar, the finance minister-in-waiting of the incoming government.

RBI Will Have To Tighten Monetary Policy To Control Inflation, Says IMF

Business | Thomson Reuters | Wednesday August 8, 2018

"The RBI will need to gradually tighten policy further, in response to inflationary pressures, which will help to build monetary credibility," the IMF said in its annual report.

"Milestone" GST Reform Should Be Further Simplifed, Says IMF

Business | Press Trust of India | Wednesday August 8, 2018

A dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality, IMF said.