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2 mins read
India needs to create 148 million additional jobs by 2030 given population growth, says IMF DMD Gopinath
Given the scale of what is needed, it is going to require basic reforms including land reforms and …
PTI
3 mins read
Amid growing political uncertainty in Pakistan, IMF expresses concern over its financial stability
The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-…
ANI
2 mins read
IMF MD spells out policy priorities for shock-prone world
In a world marked by severe shocks, slow growth, and economic fragmentation, IMF Managing Director …
ANI
3 mins read
India is a bright light economy, but key structural reforms needed for $10 trillion GDP: IMF chief economist
India has emerged as "a bright light" at a time when the world is facing imminent prospects of a re…
PTI
4 mins read
Pak, IMF commence negotiations for release of $710 million second tranche of $3 billion loan
Porter "appreciated the government's commitment" to meeting the first-quarter targets, the Mini…
PTI
2 mins read
China's economy may not overtake the US, but a Trump presidency would still help Beijing: former IMF official
China will find it hard to sustain a growth rate at 4% to 5% in the next few years, said Eswar Pras…
Huileng Tan
1 min read
Argentina devalues the peso by 54% as it kicks off radical economic reform plan
President Milei is rolling out shock measures for the economy, including cratering the value of the…
Phil Rosen
4 mins read
IMF 'encourages' India to remove rice export restrictions
The International Monetary Fund has said it would "encourage" India to remove restrictions on expor…
PTI
1 min read
Pakistani rupee sees highest one-day fall in 20 years
The foreign exchange companies had removed a cap on the Pakistani rupee-dollar exchange rate. This …
ANI
3 mins read
Tough times ahead for Pakistan as talks with IMF fails over bailout package
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the eco…
ANI
2 mins read
IMF sees India as 'bright spot' in global economy, says PM Modi
Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a "…
PTI
2 mins read
High oil prices will drive Saudi Arabia's economic growth to outpace the US this year, IMF says
High oil prices will drive Saudi Arabia's economy to grow at its fastest rate in nearly a decade, t…
Jennifer Sor
3 mins read
IMF projects India's public debt ratio to hit 90% of GDP because of COVID-19 expenditure
"Going forward it is projected to stabilise in 2021, before slowly declining up to the end of the p…
PTI
3 mins read
IMF pegs India's economic growth to dip by 10.3% this year — will recover from coronavirus crisis with right policies
The International Monetary Fund in its annual World Economic Outlook significantly downgrades India…
PTI
2 mins read
The richest Latin Americans should pay 'much more' in taxes to fight inequality, IMF top official says
Alejandro Werner suggested to the Financial Times that an "underused" property tax on the richest c…
Ayelet Sheffey
3 mins read
IMF backs new taxes on corporations and the wealthy, furthering organization's historic shift
The IMF used to be criticized for backing the interests of wealthy, developed countries and their m…
Ben Winck,Juliana Kaplan
2 mins read
Germany is about to unveil a plan to rebuild Beirut port - but it'll only happen if Lebanon roots out corruption: report
Eight months after Beirut port had a huge explosion, Germany is ready to propose a rebuilding plan …
Mia Jankowicz
1 min read
India gets more voting rights as IMF reforms quota
In the last IMF-World Bank meeting which was held at Lima, Peru, in October last year, India’s fina…
3 mins read
A prolonged COVID-19 pandemic could lead to a sharp correction in the stock market, IMF warns
"If the economic recovery is delayed, there is a risk of a sharp adjustment in asset prices or peri…
