Latest news Live updates: Former Congress chief Rahul Gandhi, Priyanka Gandhi Vadra, K C Venugopal, Adhir Ranjan Chowdhury and Gaurav Gogoi were among the MPs detained
Pakistan Prime Minister Shehbaz Sharif on Thursday questioned the kind of independence enjoyed by the country when the nation is "economically enslaved" by the International Monetary Fund (IMF)
Bangladesh's per capita national income is now higher than that of India next door
India isn't in the same boat as its South Asian neighbors, even though it's in the same choppy waters
IMF warns that risk is particularly prominent in 2023, and even small shocks could cause economies to stall
Pakistan's currency and bonds have been hammered this month as the specter of political uncertainty delaying IMF support for the nation unnerves investors
The IMF said problems in the US, China and the eurozone had resulted in global output falling in the second quarter of this year -- the first contraction since the start of the Covid-19 pandemic.
The International Monetary Fund (IMF) remains concerned over Mauritius's public sector debt as a percentage of GDP, estimated at 88.1 per cent for FY 2022-2023
1.4% jump comes on the back of easing recession fears, China policy support
The IMF already downgraded its outlook for the global expansion this year to 3.6 per cent, from 4.4 per cent before the war in Ukraine, in its April report
The commodity price shock from the war in Ukraine had exacerbated the cost-of-living crisis for hundreds of millions of people, Kristalina Georgieva said and it was 'only getting worse'
The IMF has not minced any words when it comes to fiscal policy. It has always advocated tight control over the political inclination to spend now and let someone else worry about the future
A $1.2 billion disbursement is expected in August after the IMF's management gives final approval
Countries to accept trading partners' currency; move aimed at reducing dollar dependence
Governor P. Nandalal Weerasinghe, who has been holding bailout talks with the IMF since taking office in April, had told reporters in May he could resign if there was no political stability
The IMF said that it was closely monitoring the situation in Sri Lanka and hoped that the political crisis will be resolved soon to allow for the resumption of dialogue on an IMF-supported programme
Sri Lanka will present a debt restructuring programme to the IMF by August to secure a bailout package, Prime Minister Ranil Wickremesinghe told Parliament
Japanese Ambassador to Sri Lanka Mizukoshi Hideaki said that Japan is ready to support Sri Lanka for its economic programme with the IMF and for the development activities of the country
The International Monetary Fund has also asked Pakistan to set up an anti-corruption task force to review all the existing laws that were aimed at curbing graft in the government departments
About 375 million people over the age of 15 in China have yet to receive three doses of a vaccine, while the daily vaccination rate has fallen below 800,000 per day