Greek PM denies planning tax rises to satisfy creditors

Greek Prime Minister Antonis Samaris has said he had rejected calls from the EU and IMF to raise taxes to satisfy the demands of the country's bailout programme.

Pakistan raises USD 1 bn through bonds

 Pakistan has raised USD 1 billion from international debt markets by floating five-year dollar- denominated Sukuk bonds to overcome the impacts of the failed Oil and Gas Development Corporation Limited and botched transaction on foreign currency reserves.

US urges IMF to cancel some debt of Ebola-hit countries

The United States has asked the International Monetary Fund to cancel $100 million of the debts of the three West African countries devastated by the Ebola outbreak.

Pakistan hopes to get $1.1 bn from International Monetary Fund

Pakistan will more likely receive a loan instalment 1.1 billion dollars from the International Monetary Fund (IMF) next month as the latter is satisfied with its economic performance, government officials said here Saturday.

Eurozone ministers show `strong support` for Greece credit line

Eurozone ministers moved towards throwing twice bailed out Greece a new credit line on Thursday, that would come with conditions over its handling of budget and continued oversight by the International Monetary Fund.

Ukraine lobbies NATO, IMF as deaths mount

Ukraine dispatched top envoys to Washington and Brussels today to secure help in the face of a surge in clashes with pro-Russian insurgents that killed eight more civilians and troops.

Ukraine lobbies NATO, IMF as deaths mount despite truce

Ukraine dispatched top envoys to Washington and Brussels on Wednesday to secure help in the face of a surge in clashes with pro-Russian insurgents that saw six more die overnight.

IMF approves USD 130mn for Ebola-hit West African nations

The International Monetary Fund (IMF) Friday approved a total of 130 million dollars to help Ebola-hit Guinea, Liberia, and Sierra Leone nations to tackle the virus' outbreak.

IMF unblocks cash as desperate west Africa awaits Ebola aid

The International Monetary Fund fast-tracked $130 million (102.5 million euros) in aid Friday to fight the Ebola epidemic after the governments of the worst-hit countries in west Africa said they were desperately counting on promises of global aid to be backed up with cash.

IMF, World Bank warn of renewed Gaza violence

The World Bank and International Monetary Fund warned Tuesday that insufficient funding and political efforts to rebuild Gaza would make economic recovery almost impossible and lead to further violence.

Indian Mountaineering Foundation organises Climbathan 2014

To provide a new dimension to mountaineering in the country, Indian Mountaineering Foundation has embarked on a unique project -- Climbathan 2014 -- in and around Bara Shigree glacier in Himachal Pradesh.

Debt restructuring in review if Argentina defaults: IMF

The mechanisms allowing a country to restructure its sovereign debt should be "reviewed" if Argentina defaults, IMF chief Christine Lagarde said Tuesday.

Greece`s next troika audit to be held in Paris: Reports

Greece`s next scheduled audit by its EU-IMF creditors will be held in Paris instead of Athens, Greek media reported on Monday.

PM Narendra Modi returns home after attending BRICS Summit

Prime Minister Narendra Modi returned home late tonight after a five-day visit to Brazil where he attended the BRICS Summit.

IMF welcomes establishment of BRICS bank

The International Monetary Fund has welcomed the move to set up a new BRICS development bank stating that it is ready to work with the Bank`s leadership.

IMF frees USD 4.6 billion in aid for Greece

The International Monetary Fund released USD 4.6 billion in aid to Greece today, after a yearlong delay to ensure Athens was meeting targets set by bailout lenders.

Mozambique mulls sovereign wealth fund

Mineral-rich Mozambique is considering the establishment of a sovereign wealth fund, the country`s finance minister said Thursday.

Afghan economy falters as NATO mission ends

Afghanistan`s aid-dependent economy is slowing markedly as NATO troops withdraw, the International Monetary Fund (IMF) said Wednesday, warning that violence, political instability and lack of reform threaten future growth.

Ukraine PM rejects Russia`s demand to pre-pay for gas

Ukrainian PM Arseniy Yatsenyuk on Tuesday rejected Russia`s demand for Kiev to pay upfront for all its natural gas deliveries starting in June because of billions of dollars in debts.

Boko Haram kidnappers `despicable` : IMF`s Lagarde

International Monetary Fund chief Christine Lagarde branded Boko Haram, the Nigerian insurgents who kidnapped more than 200 schoolgirls, "despicable" on Monday.