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Pakistan, IMF likely to reach agreement in June, says finance minister

The government is also aiming to boost the country's foreign exchange reserves by USD 5 billion to USD 15 billion next year

Sri Lanka looks to rely more on India's help until IMF funding agreed

Sri Lanka has been plagued by shortages of necessities, power cuts, and rampant inflation, which has triggered calls for the ouster of President Gotabaya Rajapaksa

Pakistan raises fuel prices to meet key condition for IMF bailout

Pakistan raised the cost of gasoline and diesel by 30 rupees a liter each, Finance Minister Miftah Ismail said in a Twitter post

WEF 2022: Advanced economies to be back on track by 2024, says Gopinath

Advanced economies will be back on track by 2024, but developing economies will be 5 per cent below where they would have been otherwise, IMF's Gita Gopinath said

WEF summit: World economy has 'buffer' against recession, says Gopinath

"I would say at 3.6 per cent there is a buffer," she said, conceding, however, that risks are uneven around the world

'Coin' in Bitcoin name doesn't make it money, warns IMF chief Georgieva

Anything not backed by a sovereign guarantee can be an asset class but not a currency, as she asserted that Bitcoin cannot be 'money' just because it has got 'coin' in its name.

Unexpected, but also unacceptable

Russian invasion's multi-dimensional impact, and India's meek acceptance of the damage done to its economy

Talks between debt ridden-Sri Lanka, IMF to to conclude on May 24

The ongoing discussion between International Monetary Fund (IMF) and Sri Lanka, to help mitigate the economic situation will conclude on May 24

Top Headlines: IMF's prediction, GST Council recommendations, and more

The International Monetary Fund (IMF) has "corrected" an error in its calculations to now project that India would become a $5-trillion economy by 2026-27

IMF chief urges fast, well-coordinated action to tackle food crisis

IMF chief said the Russia-Ukraine war has led to food shortages and sharply higher prices, urging the international community to take fast, well-coordinated actions to tackle food crisis.

India's FY22 per capita income projected higher than Bangladesh: IMF

Bangladesh is likely to topple India again for each of the next six years

Monetary policy must respond nimbly to second inflation round: IMF official

In a Q&A, the lead author of IMF's Asia and Pacific Outlook, dwells on the impact the Fed's move on the benchmark rate could impact India

IMF suggests revoking govt subsidies in Pak, talks scheduled on May 18

The Express Tribune reported that the IMF has informed the country's government that it could send a mission to Doha for one week on May 18

Ex-Pak FM Ishaq Dar advises govt to renegotiate IMF bailout package

"We have to run the country and not ruin it by taking dictations," said the former Finance Minister, reported Geo News

Sri Lanka economic crisis: Usable forex reserves now down at under $50 mn

Sri Lankan Finance Minister said discussions with several countries to obtain bridging finance are underway

India's $5-trillion economy dream: Not before FY29, says IMF

However, the IMF data conveys that the economy will be $4.92 trillion in FY28, clearly alluding to the fact that the target will be realised in FY29

IMF urges Lebanon to implement 'agreed-upon' reforms in timely manner

"Timely implementation of agreed-upon reforms is vital to obtaining the much-needed funding from the international community," said IMF Managing Director Kristalina Georgieva

IMF Chief Kristalina Georgieva tests positive for coronavirus

"Standard IMF and CDC (US Centers for Disease Control and Prevention) Covid protocols are being followed," Gerry Rice, IMF spokesperson, said in a statement

Ukraine seeks to get $5 billion from IMF per month: PM Denys Shmyhal

Ukraine is seeking to receive $5 billion from the International Monetary Fund (IMF) per month, Ukraine's media outlet Hromadske reported, citing the country's Prime Minister Denys Shmyhal.

High oil prices behind inflation in India, monetary tightening needed: IMF

To enhance India's growth potential, it is important to address structural weaknesses of the Indian economy that provide bottlenecks to achieve longer-lasting growth: Anne-Marie Gulde-Wolf