International Monetary Fund

India's current account balance deficit grew to $68bn in 2018-19: IMF

India's current account balance deficit grew to $68bn in 2018-19: IMF

United Nations: India's current account (CA) balance deficit grew to $68 billion in 2018-19 from $49 billion the previous year, according...Read More

Beleaguered Sri Lanka gets IMF cash

Beleaguered Sri Lanka gets IMF cash

Colombo: The International Monetary Fund Tuesday released a long-delayed loan instalment to Sri Lanka, providing financial relief to a go...Read More

Pakistan PM calls high-level meeting to discuss $6bn IMF deal

Pakistan PM calls high-level meeting to discuss $6bn IMF deal

Islamabad: Pakistan’s Prime Minister Imran Khan on Monday summoned a high-level meeting to discuss the country’s $6 billion loan agreemen...Read More

IMF economist Reza Baqir is new Pakistan bank Governor

IMF economist Reza Baqir is new Pakistan bank Governor

Islamabad: Reza Baqir, an economist with the International Monetary Fund (IMF), has been appointed as Governor of the State Bank of Pakis...Read More

Raghuram Rajan top contender for Bank of England Governor

Raghuram Rajan top contender for Bank of England Governor

London: The UK government on Wednesday formally launched its hunt for a new Bank of England Governor, a post for which former Reserve Ban...Read More

Joint action needed on Sustainable Development Goals: International Monetary Fund

Joint action needed on Sustainable Development Goals: International Monetary Fund

Washington DC: Policymakers worldwide need to engage in collective action and support the goal of delivering education, health, power, ro...Read More

Imran Khan axes finance minister amid International Monetary Fund talks

Imran Khan axes finance minister amid International Monetary Fund talks

Islamabad: Asad Umar was removed as Pakistan Finance Minister on Thursday after mounting criticism over the state of the economy. In a tw...Read More

IMF may delay Pak bailout package

IMF may delay Pak bailout package

Islamabad: The IMF’s bailout package to cash-strapped Pakistan cou­ld be delayed as the global lender is pressing it to be transparent on...Read More

Independence has served central banks well: International Monetary Fund

Independence has served central banks well: International Monetary Fund

Washington: Government respect for the independence of central banks has served them well in their mission, International Monetary Fund c...Read More

IMF projects down India’s economic growth to 7.3%, still more than China

IMF projects down India’s economic growth to 7.3%, still more than China

India’s economic growth has been projected and moderately scaled down to 7.3% from 7.4% by the International Monetary Fund (IMF). IMF has...Read More

Some reforms in India show benefits of digitalisation: IMF

Some reforms in India show benefits of digitalisation: IMF

Washington: Some reforms in India have shown the benefits of digitalisation which has also reduced the opportunities for discretion and f...Read More

Stop IMF bailout to Pakistan from repaying Chinese debt: US Congressmen

Stop IMF bailout to Pakistan from repaying Chinese debt: US Congressmen

Washington: Three influential US lawmakers have urged the US govt to oppose the proposed multi-billion bailout package being sought by Pa...Read More

Need for good relook at fiscal deficit mantra

Need for good relook at fiscal deficit mantra

The fiscal deficit consists of the money borrowed by the government to finance its expenditures beyond its income. BJP and Congress agree...Read More

Ready to return if…

Ready to return if…

Mumbai: Amid speculation that he may be the finance minister, if an opposition alliance wins the general elections, the former RBI Govern...Read More

Why is India far behind China

Why is India far behind China

The income of a Chinese Citizen was 1.2 times that of an Indian Citizen in 1980 according to the data released by the International Monet...Read More

India one of world’s fastest growing large economies: IMF

India one of world’s fastest growing large economies: IMF

Washington: India has been one of the fastest growing large economies in the world, the International Monetary Fund (IMF) has said, asser...Read More

Forex reserves declined by USD 2.11 billion to USD 398.12 billion

Forex reserves declined by USD 2.11 billion to USD 398.12 billion

Mumbai: The Reserve Bank of India (RBI) in its latest data stated that the country’s foreign exchange reserves declined by USD 2.119 bill...Read More

India’s GDP to pick up pace this year

India’s GDP to pick up pace this year

Washington: India is projected to grow at 7.5 per cent in 2019 and 7.7 per cent in 2020, an impressive over one percentage point ahead of...Read More

India to be global growth leader in 2019-20: International Monetary Fund

India to be global growth leader in 2019-20: International Monetary Fund

United Nations: The International Monetary Fund’s (IMF) World Economic Outlook Update released by chief economist Gita Gopinath on Monday...Read More

Gita Gopinath becomes first woman to be appointed as chief economist of International Monetary Fund

Gita Gopinath becomes first woman to be appointed as chief economist of International Monetary Fund

Washington: Mysore-born Gita Gopinath has joined International Monetary Fund as its chief economist, becoming the first woman to occupy t...Read More

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