Page 13 - Imf

Lanka Prez urges parties to find ways to repay loan as IMF deal delayed

Sri Lanka's President Ranil Wickremesinghe said that the unrest had delayed a possible deal with the International Monetary Fund to help pull the bankrupt nation out of its economic crisis

Pakistan military chief seeks US help on release of $1.7 bn IMF loan

Pakistan's army chief has contacted Washington, seeking US help in securing an early release of a crucial $1.7 billion instalment from the International Monetary Fund to the country

Best of BS Opinion: Some post-pandemic surprises, nobel for AI & more

Here are the top BS Opinion articles of the day

Pakistan rupee posts worst month ever amid concern on IMF loan

Pakistan is striving to stave off fears it will follow Sri Lanka into a default this year

Irdai may offer more flexibility to insurers in corporate agency tie-ups

Insurance regulator's board proposes limit on expenses of management for general insurers

Sri Lanka resumes bailout discussions with IMF, finance ministry says

Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after a new government took office, the finance ministry said on Friday.

Indian diaspora, global bankers may profit from New Delhi's dollar crunch

India isn't in the same boat as its South Asian neighbors, even though it's in the same choppy waters

Sri Lanka Crisis: Are Indian states on the same path to economic distress?

The RBI, in a report in June 2022, said that several Indian states are posting worrisome numbers, mainly due to populist measures

Amid 'extraordinary' uncertainty, IMF doesn't rule out global recession

IMF warns that risk is particularly prominent in 2023, and even small shocks could cause economies to stall

Pak expected to secure $1.2 bn from IMF, may help ease pressure on currency

Pakistan's currency and bonds have been hammered this month as the specter of political uncertainty delaying IMF support for the nation unnerves investors

Top Headlines: 5G spectrum bids on Day 1, IMF cuts India's GDP forecast

The opening day of the biggest telecom auction in the country ended with top telecom firms buying spectrum worth more than Rs 1.45 trillion across frequency bands including 5G

IMF revises China's 2022 growth by 1.1%, predicts major global spillovers

"In China, further lockdowns and the deepening real estate crisis have led growth to be revised down by 1.1 percentage points, with major global spillovers," the IMF said

IMF slashes India's FY23 GDP growth forecast by 80 bps to 7.4%

IMF cites less favourable external conditions and rapid policy tightening by RBI as reasons for lowering India's growth outlook

Losing momentum

Growth is likely to moderate further

IMF cuts global growth outlook, warns high inflation threatens recession

Global real GDP growth will slow to 3.2% in 2022 from a forecast of 3.6% issued in April, the IMF said in an update of its World Economic Outlook

Bangladesh seeks $4.5-billion IMF loan amid forex worries: Report

Known for its big garment-exporting industry, Bangladesh has sought the funds for its balance of payment and budgetary needs, as well as for efforts to deal with climate change

IMF chief hopes to complete Sri Lanka aid talks 'as quickly as possible'

The IMF hopes to complete the negotiations with Sri Lanka on a bailout package "as quickly as possible" and the "moment there is a government" in the country, its Managing Director Kristalina Georgieva said on Wednesday, hours after the crisis-hit island nation elected a new president. Sri Lanka has been gripped by severe shortages of fuel, food and other essentials after its foreign reserves dried up. Citizens have turned their anger on the government and forced once-powerful President Gotabaya Rajapaksa to resign last week. On Wednesday, the Sri Lankan Parliament elected Acting President Ranil Wickremesinghe as his replacement. "IMF hopes to complete negotiations with Sri Lanka "as quickly as possible, & the moment there is a govt we can continue our discussions & our team will be there," Georgieva said, Hiru News reported. Wickremesinghe in his previous capacity as prime minister and finance minister has been involved in the negotiations with the Washington-based ...

There's fear of Sri Lanka crisis spillover, says EAM S Jaishankar

To help island nation engage with IMF, other debtors, says Jaishankar after all-party meet

Pakistan rupee drops to record, bonds fall as Fitch cuts outlook

The rupee has tumbled to a succession of all-time lows in recent days as escalating political uncertainty has added to concern over the country's bailout deal with the IMF

Russian gas shutdown would send some EU countries into recession: IMF

IMF said Europe lacked a comprehensive plan to cope with shortages, further increases in energy prices and the impact on growth, The Guardian reported.