International Monetary Fund And World Bank
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India's UPI Revolution Powers 50% Of World's Digital Payments
India is now a global leader in fast payments and theUnified Payments Interface (UPI)is the main driver, as per the InternationalMonetary Fund(IMF).
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Pakistan Seeks $4.9 Billion More In Loans After Missing Growth Target
The Pakistan government is reportedly planning to borrow USD 4.9 billion from international banks to meet its external financing needs and strengthen its foreign exchange reserves.
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IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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Explained: What Will Happen If US Withdraws From World Bank, IMF
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety.
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Income Inequality Up In 60% Of Nations With IMF, World Bank Loans: Report
A massive 60 per cent of all countries receiving grants or loans from the International Monetary Fund and World Bank are witnessing high or increasing income inequality, an analysis by Oxfam International has revealed.
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IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
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Israel-Hamas War A "New Cloud" Over World Economy: IMF Chief
The war between Israel and Hamas has darkened the horizon for a world economy that was already experiencing weak growth, IMF chief Kristalina Georgieva said Thursday.
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IMF, World Bank Vow To Tackle Climate Change "Existential Threat" At G20
The leaders of the International Monetary Fund and World Bank announced Thursday that the two institutions will collaborate more closely to tackle the "existential threat" posed by climate change.
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Joe Biden To Push IMF, World Bank Reforms At G20 Meet In India Next Month
US President Joe Biden will urge reforms to the International Monetary Fund (IMF) and the World Bank that will better serve developing country needs at the G20 summit in Delhi next month, the White House said Tuesday.
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$1.5 Billion Loan Granted To Ukraine By World Bank For Reconstruction Aid
Ukraine will receive $1.5 billion from the World Bank to support reconstruction and recovery, Prime Minister Denys Shmyhal said on Friday.
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World Bank Approves $700 Million In Support For Crisis-Hit Sri Lanka
The World Bank approved $700 million in budgetary and welfare support for Sri Lanka on Thursday, the biggest funding tranche for the crisis-hit island nation since an International Monetary Fund (IMF) deal in March.
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World Bank Approves $700 Million For Crisis-Hit Sri Lanka
The World Bank approved $700 million in budgetary and welfare support for Sri Lanka on Thursday, the biggest funding tranche for the crisis-hit island nation since an International Monetary Fund (IMF) deal in March.
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Nirmala Sitharaman To Attend IMF-World Bank, G20 Meetings In US
Finance Minister Nirmala Sitharaman will be leaving for the US to attend the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), along with G20 meetings.
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US Trip Cancelled On Pakistan Prime Minister's Orders: Finance Minister
Pakistan Finance Minister Ishaq Dar on Saturday said he had canceled his trip to Washington for the spring meetings of the International Monetary Fund and World Bank on the orders of the prime minister.
-
India's UPI Revolution Powers 50% Of World's Digital Payments
India is now a global leader in fast payments and theUnified Payments Interface (UPI)is the main driver, as per the InternationalMonetary Fund(IMF).
-
Pakistan Seeks $4.9 Billion More In Loans After Missing Growth Target
The Pakistan government is reportedly planning to borrow USD 4.9 billion from international banks to meet its external financing needs and strengthen its foreign exchange reserves.
-
IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
-
World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
Explained: What Will Happen If US Withdraws From World Bank, IMF
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety.
-
Income Inequality Up In 60% Of Nations With IMF, World Bank Loans: Report
A massive 60 per cent of all countries receiving grants or loans from the International Monetary Fund and World Bank are witnessing high or increasing income inequality, an analysis by Oxfam International has revealed.
-
IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
-
Israel-Hamas War A "New Cloud" Over World Economy: IMF Chief
The war between Israel and Hamas has darkened the horizon for a world economy that was already experiencing weak growth, IMF chief Kristalina Georgieva said Thursday.
-
IMF, World Bank Vow To Tackle Climate Change "Existential Threat" At G20
The leaders of the International Monetary Fund and World Bank announced Thursday that the two institutions will collaborate more closely to tackle the "existential threat" posed by climate change.
-
Joe Biden To Push IMF, World Bank Reforms At G20 Meet In India Next Month
US President Joe Biden will urge reforms to the International Monetary Fund (IMF) and the World Bank that will better serve developing country needs at the G20 summit in Delhi next month, the White House said Tuesday.
-
$1.5 Billion Loan Granted To Ukraine By World Bank For Reconstruction Aid
Ukraine will receive $1.5 billion from the World Bank to support reconstruction and recovery, Prime Minister Denys Shmyhal said on Friday.
-
World Bank Approves $700 Million In Support For Crisis-Hit Sri Lanka
The World Bank approved $700 million in budgetary and welfare support for Sri Lanka on Thursday, the biggest funding tranche for the crisis-hit island nation since an International Monetary Fund (IMF) deal in March.
-
World Bank Approves $700 Million For Crisis-Hit Sri Lanka
The World Bank approved $700 million in budgetary and welfare support for Sri Lanka on Thursday, the biggest funding tranche for the crisis-hit island nation since an International Monetary Fund (IMF) deal in March.
-
Nirmala Sitharaman To Attend IMF-World Bank, G20 Meetings In US
Finance Minister Nirmala Sitharaman will be leaving for the US to attend the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), along with G20 meetings.
-
US Trip Cancelled On Pakistan Prime Minister's Orders: Finance Minister
Pakistan Finance Minister Ishaq Dar on Saturday said he had canceled his trip to Washington for the spring meetings of the International Monetary Fund and World Bank on the orders of the prime minister.
