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One dollar equals 146 Rupees: How Pakistani currency is at its crumbling worst

The Pakistani government has maintained there is no need to panic because an IMF bailout package, it says, will normalise the situation.

May 15, 2019, 18:14 PM IST

Pakistan secures bailout package from IMF but is reminded of combating terror financing

The IMF has said Pakistani authorities understand the need to address challenges facing the country's dwindling economy.

May 12, 2019, 23:08 PM IST

Pakistan reaches 'agreement in principle' with IMF over bailout

The long-delayed rescue package would be Pakistan`s 13th IMF bailout programme since the late 1980s and comes at a time of worsening economic outlook for the South Asian nation of 208 million people.

Apr 15, 2019, 20:40 PM IST

Slowdown in global growth, trade to hit emerging market economies: RBI Governor Shaktikanta Das

The RBI Governor made this remark while addressing an event `Governor Talks` on the sidelines of International Monetary Fund-World Bank Spring Meetings.

Apr 13, 2019, 18:02 PM IST

Brexit delay better than no-deal outcome: International Monetary Fund IMF Managing Director Christine Lagarde

"A no-deal Brexit would have been a terrible outcome."


Apr 12, 2019, 05:28 AM IST

Jaitley discusses India's economic reforms with investors in US

Jaitley is visiting the US to attend the IMF-World Bank meeting in Washington from April 12 to 14.

Apr 11, 2019, 12:06 PM IST

International Monetary Fund lowers global growth forecast to 3.3% for 2019, warns of economic slowdown

The global lender cut said key risks included a US-China trade war and a potentially disorderly Brexit.


Apr 10, 2019, 06:25 AM IST

India one of world's fastest growing large economies: International Monetary Fund

IMF communications director Gerry Rice Thursday said, "India has of course been one of the world's fastest growing large economies of late, with growth averaging about seven per cent over the past five years."

Mar 22, 2019, 08:37 AM IST

Economy in shambles but Pakistan wants to increase its defence budget

The Pakistan government says the country's defence budget is already one of the lowest 'when compared to other states in the region, including India.'

Feb 08, 2019, 12:51 PM IST

IMF says India has done well, calls for more reforms ahead of Budget

The IMF top representative hoped for a fiscal consolidation in the upcoming budget.

Jan 31, 2019, 14:41 PM IST

Tunisia's largest union starts nationwide strike over pay

Tunisia is under pressure from the International Monetary Fund to freeze public sector wages as part of reforms to help reduce its budget deficit.

Jan 17, 2019, 14:08 PM IST

Gita Gopinath joins IMF as its first female chief economist

Announcing her appointment on October 1, IMF Managing Director Christine Lagarde described her as one of the world's outstanding economists with impeccable academic credentials.

Jan 08, 2019, 09:25 AM IST

Imran Khan begging for funds worldwide: CM of Pakistan's Sindh province

"Imran Khan is going from country to country to beg (for financial aid)."

Jan 07, 2019, 16:23 PM IST

No IMF loan to Pakistan to repay Chinese debt: Congressman

Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.

Dec 17, 2018, 14:15 PM IST

IMF to check Pakistan's debt sustainability before loan: Official

A recent meeting between the IMF and Pakistan ended in a stalemate.

Dec 14, 2018, 15:32 PM IST

Operational independence of central banks important: IMF on RBI

The International Monetary Fund (IMF) on Thursday said "operational independence" of central banks like the Reserve Bank of India (RBI) was important for carrying out their responsibilities.

Dec 14, 2018, 08:43 AM IST

US likely to oppose IMF bailout to Pakistan to repay Chinese debt

Cash-strapped Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.

Dec 13, 2018, 15:31 PM IST

Flexible intellectual property will help China to diffuse trade tensions: IMF

China and the US are currently engaged in a trade conflict and have slapped tit-for-tat tariffs of hundreds of billions of dollars on each other's goods.

Dec 10, 2018, 10:52 AM IST

India's growth 'very solid': IMF Chief Economist

Obstfeld, 66, - who is set to retire this month-end - will be succeeded by Gita Gopinath, the second Indian to be appointed to the position.

Dec 10, 2018, 07:04 AM IST

Important for Modi government to heed RBI’s message: IMF chief economist

IMF's Chief Economist Maurice Obstfeld said the International Monetary Fund does not want politicians "manipulating" central banks for political ends.

Dec 10, 2018, 06:22 AM IST