July 16, 2024 9:49 PM
The International Monetary Fund (IMF), in its latest outlook, has raised India's growth projections for 2024 from 6.8 per cent earlier to 7 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economi...
June 13, 2024 12:24 PM
The International Monetary Fund (IMF) approved the second review of Sri Lanka's $2.9 billion bailout, but the global lender warned the economy remains vulnerable despite signs of recovery and urged Colombo to do more to restructure a hefty debt burde...
June 7, 2024 7:13 PM
China's President Xi Jinping met Pakistani Prime Minister Shehbaz Sharif in Beijing on Friday (June 7), Chinese state media reported, days before Pakistan presents its annual budget and applies for a new International Monetary Fund (IMF) loan. Pakis...
May 29, 2024 12:00 PM
China's economy is set to grow 5% this year, after a "strong" first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4.6% expansion though it expects slower growth in the years ahead. The global lender's ...
May 14, 2024 3:54 PM
Asia continues to power ahead as the engine of the global economy, with the region expected to contribute a massive 60% to world growth in 2024, a senior International Monetary Fund (IMF) official stated on Monday. Speaking at the 13th IMF-Japan Hig...
April 30, 2024 12:56 PM
Economic growth in the Asia Pacific region is better than previously projected but is expected to slow from 5 per cent in 2023 to 4.5 per cent in 2024, according to IMF's Regional Economic Outlook for Asia and Pacific. In the Outlook report, the Int...
April 30, 2024 12:46 PM
The disbursement of $1.1 billion by the International Monetary Fund (IMF) will help Pakistan achieve greater economic stability, Prime Minister Shehbaz Sharif said on Tuesday, amid discussions for a new loan programme. The funding was the second and...
April 26, 2024 3:39 PM
Sri Lanka has approved a new law backed by the International Monetary Fund (IMF) allowing the state to seize any proceeds from criminal activities, a cabinet spokesperson said on Friday. The new law was proposed as part of efforts under the IMF prog...
April 16, 2024 9:00 PM
The International Monetary Fund (IMF) in its latest outlook raised India's growth projections for 2024 from 6.5 per cent to 6.8 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economies. For t...
March 20, 2024 11:13 AM
Pakistan and the International Monetary Fund have concluded a staff-level review of a $3 billion standby arrangement which, if approved, will disburse $1.1 billion for the South Asian economy, two officials involved in the talks said. The funds are ...
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