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IMF, Pakistan reach deal over 6bn loan

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The recent USD 6 billion funding programme dates back to 2019. The funding went through a halt this year due to...

Pakistan fails in convincing IMF to resume $6bn extended fund

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Pakistan was facilitated with the $6 billion bailout package in May 2019, when the country reached an agreement with the IMF...

India puts a roof on housing prices amid global rise

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The surge in house prices has also had an impact on headline inflation in some countries and could contribute to more...

Tanzania allocates $39.2 mn for tourism recovery

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Tanzania has allocated $39.2 million for implementation of 23 projects aimed at revamping the tourism sector affected by the Covid-19...

IMF chief acquitted of charges favouring China

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Georgieva, a Bulgarian economist who joined the IMF in 2019, had been hounded by allegations that while she was the World...

Lebanon and IMF to resume talks for int’l support

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Lebanon remains fully committed to engaging in a constructive, transparent and equitable debt restructuring process with all other stakeholders...reports Asian...

China-linked probe weakens IMF chief’s authority?

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The ranking that she is accused of pressuring staff to improve is that of China, a magnet for criticism in Washington over...

‘IMF’s tariff hike demand could worsen Pak inflation’

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Pakistan has promised the IMF to increase taxes by 1.272 trillion PKR and raise electricity tariff by almost 5 PKR per unit...reports...

UN lauds IMF, World Bank measures to stave off debt crisis

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The top UN official has proposed a "three-phased approach to address debt burdens: a debt standstill, targeted debt relief for the...

Indian economy to grow at historic 12.5%, says IMF

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Figures released by IMF Chief Economist Gita Gopinath reveal that India has regained its status as the world's fastest growing economy,...