Imf Chief

The International Monetary Fund (IMF) remains in touch with Pakistan's authorities in order to pave the way for a board meeting before a financing program expires at the end of June, the IMF mission chief for Pakistan said.

Shehbaz Sharif on Saturday disclosed that Army Chief General Asim Munir played a role in securing funds from Saudi Arabia and the UAE -- a pre-condition by the IMF to seal a bailout deal with the cash-strapped nation.

Countries must do more to avert the costly consequences of growing global trade fragmentation and help avert a "second Cold War," the International Monetary Fund's managing director said Thursday.

International Monetary Fund division chief Daniel Leigh on Tuesday reposed faith in the Indian economy and said that it is a "very strong economy."

Raghuram Rajan, the former IMF chief economist who predicted the global financial crisis more than a decade ago - warned that the banking system is headed for more turmoil after the rescues of Silicon Valley Bank and Credit Suisse.

The IMF chief on Thursday said that the world economy is expected to grow at less than 3 per cent this year, with India and China expected to account for half of global growth in 2023.

International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector.

A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund and the United States on Saturday as finance chiefs of the bloc wrap up two-days of talks. US Treasury Secretary Janet Yellen said it was "critical" to put in place a strong regulatory framework but added that the Unite...

Top leaders from across the world including IMF chief Kristalina Georgieva heaped praises on Indian American Ajay Banga, who has been nominated by US President Joe Biden to lead the World Bank.

"We count a lot on India's leadership of the G-20. Because it is such a critical time for the world to protect its own wellbeing by protecting the integrated global economy," IMF Managing Director Kristalina Georgieva said.

The statement comes at a time when the ongoing conflict in Ukraine shows no signs of abating after more than 10 months, with spiralling inflation, higher interest rates and the surge in coronavirus infections in China fuelled by the Omicron variant.

A lower growth forecast is "very likely" for China this year and next, with easing Covid-19 restrictions bringing a surge in infections and temporary difficulties, IMF chief Kristalina Georgieva said.

International Monetary Fund chief Kristlina Georgieva said she had a "fruitful exchange" with her Chinese counterparts this week on her repeated calls for accelerating debt treatments for countries like Zambia and Sri Lanka.

The managing director of the International Monetary Fund praised China's "decisive" move away from its hardline zero-Covid policy at a press briefing with the heads of other major economic institutions on Friday.

India is headed to lead the G20 countries from the position of "strength" and will leave a mark on the world for years to come during its next year's presidency, Managing Director of the IMF Kristalina Georgieva said on Thursday.

The International Monetary Fund (IMF) remains in touch with Pakistan's authorities in order to pave the way for a board meeting before a financing program expires at the end of June, the IMF mission chief for Pakistan said.

Shehbaz Sharif on Saturday disclosed that Army Chief General Asim Munir played a role in securing funds from Saudi Arabia and the UAE -- a pre-condition by the IMF to seal a bailout deal with the cash-strapped nation.

Countries must do more to avert the costly consequences of growing global trade fragmentation and help avert a "second Cold War," the International Monetary Fund's managing director said Thursday.

International Monetary Fund division chief Daniel Leigh on Tuesday reposed faith in the Indian economy and said that it is a "very strong economy."

Raghuram Rajan, the former IMF chief economist who predicted the global financial crisis more than a decade ago - warned that the banking system is headed for more turmoil after the rescues of Silicon Valley Bank and Credit Suisse.

The IMF chief on Thursday said that the world economy is expected to grow at less than 3 per cent this year, with India and China expected to account for half of global growth in 2023.

International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector.

A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund and the United States on Saturday as finance chiefs of the bloc wrap up two-days of talks. US Treasury Secretary Janet Yellen said it was "critical" to put in place a strong regulatory framework but added that the Unite...

Top leaders from across the world including IMF chief Kristalina Georgieva heaped praises on Indian American Ajay Banga, who has been nominated by US President Joe Biden to lead the World Bank.

"We count a lot on India's leadership of the G-20. Because it is such a critical time for the world to protect its own wellbeing by protecting the integrated global economy," IMF Managing Director Kristalina Georgieva said.

The statement comes at a time when the ongoing conflict in Ukraine shows no signs of abating after more than 10 months, with spiralling inflation, higher interest rates and the surge in coronavirus infections in China fuelled by the Omicron variant.

A lower growth forecast is "very likely" for China this year and next, with easing Covid-19 restrictions bringing a surge in infections and temporary difficulties, IMF chief Kristalina Georgieva said.

International Monetary Fund chief Kristlina Georgieva said she had a "fruitful exchange" with her Chinese counterparts this week on her repeated calls for accelerating debt treatments for countries like Zambia and Sri Lanka.

The managing director of the International Monetary Fund praised China's "decisive" move away from its hardline zero-Covid policy at a press briefing with the heads of other major economic institutions on Friday.

India is headed to lead the G20 countries from the position of "strength" and will leave a mark on the world for years to come during its next year's presidency, Managing Director of the IMF Kristalina Georgieva said on Thursday.