Page 10 - International Monetary Fund

Breakthrough in Pakistan-IMF bailout talks as $8-bn package approved

The size of the loan would be increased from the existing $6 billion to $8 billion - a net addition of $2 billion, a senior government functionary requesting anonymity said

Sri Lanka to appoint advisors on debt restructuring in next 20 days

Sabry said that the discussions he started with IMF officials in Washington would end on Sunday, and that there are a lot more discussions to be held ahead

IMF assures to support Sri Lanka's efforts to overcome economic crisis

The International Monetary Fund has assured support to debt-ridden Sri Lanka in its efforts to mitigate the current economic crisis

IMF says it held 'fruitful' discussions with Sri Lanka on loan request

IMF on Saturday said that it held "fruitful technical discussions" with Sri Lankan authorities on the island nation's request for an IMF-supported loan program this week.

China must be treated as equal Sri Lanka creditor: India to IMF, World Bank

"All creditors must be treated equally and with transparency," Sitharaman said in an interview in Washington Friday. "I've emphasized that point in general and in the context of Sri Lanka."

Palm oil export ban will hurt other countries, but necessary: Indonesia FM

Sri Mulyani Indrawati said that with demand exceeding supplies, the ban announced is "among the harshest moves" the government could take after previous measures failed to stabilize domestic prices

Pak finance minister flies to Washington for IMF talks on $6 bn package

Under the agreement signed in 2019, Pakistan would receive USD 6 billion for a period of 39 months, of which it has only received half the amount so far

India's high growth rate positive news for world: IMF Managing Director

A high growth rate for India is positive news for the world, IMF MD Kristalina Georgieva has said.

IMF urges India to prioritise food security, expand transfers to vulnerable

The International Monetary Fund has urged India to prioritise food security and expand transfers to the vulnerable in the wake of the global economic crisis

IMF, World Bank chiefs warn of debt squeeze in world's poorest nations

As interest rates rise, the debt pressures are mounting on developing countries, and we need to move urgently towards solutions, World Bank President David Malpass said

Speculation without data

Poverty estimates need govt surveys to resume

Pakistan to cut expenditures, development funds to revive IMF programme

'We will seek revival of the IMF programme, and we will, God willing, do belt tightening, and cut PSDP (Public Sector Development Funds),' Ismail told a news conference in Islamabad

Financial stability risks risen amid Russia-Ukraine conflict: IMF

"Global financial conditions have tightened notably" and downside risks to the economic outlook have increased as a result of the Russian-Ukraine war, according to Global Financial Stability Report

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

Strong US-India relationship to strengthen global order: FM Sitharaman

Observing that the recent Indo Pacific Economic Framework (IPEF) is a fantastic thought which has come from the US, she said India is looking at it and will take a considered view

India headed for robust economic growth, says FM Sitharaman in US

Sitharaman is here to attend the annual spring meeting of the International Monetary Fund and the World Bank

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

IMF praises India's resilient economy, highlights structural reforms taken

The IMF MD Kristalina Georgieva lauded India's well-targeted policy mix that has helped the Indian economy remain resilient in her meeting with Finance Minister Nirmala Sitharaman in Washington DC

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

Pakistan to resume negotiations with International Monetary Fund

Pakistan now gearing up to re-initiate talks with the IMF and World Bank through a economic team, aiming to restart the IMF programme.