Wednesday, April 30, 2025

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March 18, 2024 4:14 PM

Pakistan to seek fresh IMF bailout package of over $8 billion

Pakistan will make a formal request to the International Monetary Fund (IMF) for a longer and larger bailout package under the Extended Fund Facility (EFF) next month, The Geo News reported on Sunday. The country is expected to seek a fresh IMF bail...

February 13, 2024 10:09 AM

IMF Chief warns of AI’s impact on Global Employment

During the World Summit of Governments in Dubai, Kristalina Georgieva, the managing director of the International Monetary Fund, highlighted a significant finding from an IMF study, indicating that nearly 40% of global employment faces exposure to Ar...

November 7, 2023 4:34 PM

IMF upgrades China’s 2023, 2024 GDP growth forecasts

China's economy is set to grow 5.4% this year, having made a "strong" post-COVID recovery, the International Monetary Fund (IMF) said on Tuesday (November 7), making an upward revision to its earlier forecast of 5% growth, while expecting slower grow...

October 25, 2023 1:58 PM

Israel-Hamas conflict a new cloud among many – IMF chief

The head of the International Monetary Fund (IMF) on Wednesday said the war between Israel and Hamas was another cloud on a horizon with plenty of them, warning that the global economic outlook could worsen. "What we see is more jitters in what has ...

October 19, 2023 4:12 PM

IMF relaxes forex reserve and revenue targets for Bangladesh

The International Monetary Fund (IMF) has relaxed several targets for Bangladesh. For the loan package of $4.70 billion, the IMF had set some targets for Bangladesh including foreign exchange reserves, revenue collection, and automatic price adjustme...

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Last updated on: 30th Apr 2025