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High public debt raises fiscal crisis risk: IMF official High public debt raises fiscal crisis risk: IMF official An official of the International Monetary Fund (IMF) warned here that high public debt would raise the possibility of fiscal crisis.
Euro group releases first bailout installment for Cyprus Euro group releases first bailout installment for Cyprus The euro group has signed off the first installment of the USD 13 billion financial bailout package for debt-stricken Cyprus while allocating fresh disbursements for Greece and Portugal.
IMF team to visit Pakistan in June IMF team to visit Pakistan in June An IMF team is planning to visit Pakistan next month to hold discussions with the post-election new government on financial aid and how to bail out the country from its impending economic crisis.
Protestors disrupt IMF chief's programme in Amsterdam Protestors disrupt IMF chief's programme in Amsterdam Lagarde was speaking to students at the University of Amsterdam about the crisis when organized students began interrupting pre-approved questions, reported Xinhua.
Lanka should focus on attracting more FDI to boost economy: IMF Lanka should focus on attracting more FDI to boost economy: IMF The IMF Thursday warned Sri Lanka about rising inflation and ever-increasing debts, as it proposed that the country should focus on attracting more FDI to shore up its economy.
India to grow at about 5.8% in FY14: IMF Deputy MD India to grow at about 5.8% in FY14: IMF Deputy MD "We are forecasting India to grow at about 5.8 percent this fiscal (2013-14) and 6.3 percent in 2014-15. This compares to an average growth rate of 8.7 percent for the five years prior to the global financial crisis," IMF Deputy Managing Director Naoyuki Shinohara said during an event here on Wednesday.
Direct cash through Aadhaar to save 0.5% of GDP for India: IMF Direct cash through Aadhaar to save 0.5% of GDP for India: IMF Integration of direct cash transfer with Aadhaar will take time but the scheme will help Indian government save 0.5 percent of the GDP, International Monetary Fund (IMF) said Monday.
India's GDP likely to improve to 5.7% in 2013: IMF India's GDP likely to improve to 5.7% in 2013: IMF Indicating that India's declining growth has bottomed out, International Monetary Fund (IMF) Monday said the country's GDP is likely to improve to 5.7 percent in 2013 and further to 6.2 percent a year after.
Pakistani rupee hits 100-mark Vs US dollar in open market Pakistani rupee hits 100-mark Vs US dollar in open market The Pakistani rupee on Thursday hit the 100-mark against the US dollar in open market deals Thursday on concerns over rising exports and an uncertain political scenario.
IMF asks Pakistan to begin taking steps to stabilise economy IMF asks Pakistan to begin taking steps to stabilise economy The International Monetary Fund (IMF) has asked Pakistan to begin taking necessary actions to stabilise the economy and lay the groundwork for future growth.
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