Page 18 - Imf

Should purchasing power parity of $3.2 be made India's formal poverty line?

Experts have some reservations about the methodology used to arrive at the number, and that the poverty figures under the existing PPP of $1.9 per person per day have been understated

Regulating crypto assets, digital currency India's priorities: IMF official

Regulating crypto assets and digital currency, addressing remaining regulatory concerns in banking and integrating with the global economy are among the few mid-term structural issues for India

Oil falls 5% to 107.25 dollar per barrel after IMF cuts growth outlook

Brent crude, the global benchmark, fell $5.91, or 5.22%, to settle at $107.25 a barrel, while U.S. West Texas Intermediate dropped $5.65, or 5.22%, to settle at $102.56 a barrel

IMF slashes India's FY23 GDP growth forecast to 8.2%

The IMF's projection of India's retail inflation is now at 6.1 per cent, higher than the Reserve Bank of India's (RBI's) forecast of 5.7 per cent

Ex-IMF economist Miftah Ismail has a tight time frame as Pak's FM

Ismail, who briefly held the post four years ago, brings with him a record of decisive policy action and a close relationship with PM Shehbaz Sharif but faces a daunting array of challenges

IMF considers rapid aid for debt-burdened Sri Lanka after India's push

A delegation headed by Sri Lanka's finance minister Ali Sabry kicked off formal talks with the IMF in Washington on Monday for a programme the government hopes will help top up its reserves

India backs Sri Lanka for much-needed IMF bailout package

India's Finance Minister Nirmala Sitharaman has affirmed her Sri Lankan counterpart Ali Sabry that India will fully support the deliberations of the island nation with the IMF

Citing Russia's war, IMF cuts global growth forecast to 3.6%

The war and the darkening outlook came just as the global economy appeared to be shaking off the impact of the highly infectious omicron variant

Oil slumps 5% after IMF cuts economic growth outlook

Prices fell despite lower output from OPEC+, which produced 1.45 million barrels per day (bpd) below its targets in March, as Russian output began to decline following sanctions

Brent crude dips 3.4% to $109.22 as IMF cuts global growth outlook

Brent crude was down $3.94, or 3.4%, to $109.22 a barrel at 1338 GMT, having risen more than $1 to $114.21 earlier in the session

IMF cuts global growth forecast due to 'seismic waves' from Ukraine war

The war is expected to slow growth and further increase inflation, the IMF said in its latest World Economic Outlook

FM meets IMF chief; discusses impact of geopolitics on global growth

Congratulating India on its successful vaccination programme to control spread of Covid-19, Georgieva also appreciated New Delhi for extending relief to other vulnerable countries to fight pandemic

Crisis-hit Sri Lanka seeks emergency financial assistance from IMF

Sri Lanka is seeking up to $4 billion this year to tide over problems and pay creditors amid dwindling foreign reserves and Asia's fastest inflation

IMF chief hails India's help to Sri Lanka in dealing with economic crises

Georgieva made these remarks during the Spring Meetings of IMF-World Bank (WB) in Washington DC with Sitharaman

Major risks of crypto - money laundering and terror financing: Sitharaman

The Union Minister reached Washington today on an official visit to attend the Spring Meetings at the World Bank, the G20 Finance Ministers meeting and the Central Bank Governor Meeting (FMCBG)

One-fifth of humanity could face poverty, hunger from Ukraine war: UN chief

IMF Managing Director Kristalina Georgieva said on Thursday that the Ukraine conflict will downgrade forecasts for 143 economies this year, which collectively make up 86% of the world's GDP

Extreme poverty in India fell sharply in 2011-19: World Bank paper

Rural decline steeper than in urban centres

Sri Lankan delegation heads to US to seek $4 bn bailout package from IMF

A Sri Lankan government delegation is headed to the US as it desperately tries to salvage the country's beleaguered economy

Oil and edible import bills surge by 60% in Pakistan, says report

Government decides to resume talks with IMF for package revival

Pakistan: Shehbaz govt to retract from decision on fuel hike, says report

According to The News International, the sources said, the government thinks subsidising the masses with this huge multi-billion rupee package for cheap products is not a viable option