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Pakistan Seeks $4.9 Billion More In Loans After Missing Growth Target
The Pakistan government is reportedly planning to borrow USD 4.9 billion from international banks to meet its external financing needs and strengthen its foreign exchange reserves.
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IMF's Big Warning And 11 New Conditions For Pakistan After Op Sindoor: Report
The new conditions imposed on Pakistan include the parliamentary approval of a new Rs 17.6 trillion budget, an increase in the debt servicing surcharge.
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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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Trump Tariffs Have Increased Financial Stability Risks, Says Global Body
US President Donald Trump's stop-start tariff rollout has "significantly" increased global financial stability risks, the International Monetary Fund said in a report published Tuesday.
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"India's Financial System Diverse, Driven By Rapid Economic Growth": IMF Report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance.
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IMF Urges Kenya to Align Crypto Regulations with Global Standards
In a recently released 43-page Technical Assistance Report, the IMF has advised Kenya to align its crypto guidelines with global policies. The report outlines key areas for enhancing safety and regulation in the country's crypto sector.
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RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
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What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
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Analysis: Can Chandrababu Naidu's "Rich Adopt Poor" Plan Bridge The Gap?
The IMF (The International Monetary Fund) in its report in April 2024 had estimated India's GDP growth to be 6.8%. In July 2024, it revised the forecast by 20 basis points to 7%.
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Pakistan In Talks With IMF For 24th 'Longer And Larger' Bailout: Report
The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.
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IMF Doubts Cash-Strapped Pakistan Will Be Able To Pay Back Loan
The IMF has said that Pakistan faces major debt-repayment challenges and expressed serious doubts over the cash-strapped country's capacity to repay the global lender, according to a media report on Saturday.
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IMF Approves Disbursal Of $1.1 Billion Loan Tranche To Pakistan: Report
The International Monetary Fund's (IMF) executive board has given the green light for a USD 1.1 billion loan tranche for Pakistan, signaling the conclusion of the second bailout package, ARY News reported.
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Income Inequality Up In 60% Of Nations With IMF, World Bank Loans: Report
A massive 60 per cent of all countries receiving grants or loans from the International Monetary Fund and World Bank are witnessing high or increasing income inequality, an analysis by Oxfam International has revealed.
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IMF Withholding Financial Aid for El Salvador Due to Its Bitcoin Alliance: Report
The IMF has asked El Salvador to change its policies around Bitcoin in order to get the aid of $1.4 billion that it needs to expedite public debt payments and other financial obligations.
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Pakistan, IMF Reach Agreement Over $1.1 Billion Payment: Report
The International Monetary Fund on Wednesday said it had reached a staff level agreement with Pakistan, which if approved by its board, will disburse $1.1 billion for the indebted South Asian economy also saddled with a balance of payment crisis.
-
Pakistan Seeks $4.9 Billion More In Loans After Missing Growth Target
The Pakistan government is reportedly planning to borrow USD 4.9 billion from international banks to meet its external financing needs and strengthen its foreign exchange reserves.
-
IMF's Big Warning And 11 New Conditions For Pakistan After Op Sindoor: Report
The new conditions imposed on Pakistan include the parliamentary approval of a new Rs 17.6 trillion budget, an increase in the debt servicing surcharge.
-
World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
Trump Tariffs Have Increased Financial Stability Risks, Says Global Body
US President Donald Trump's stop-start tariff rollout has "significantly" increased global financial stability risks, the International Monetary Fund said in a report published Tuesday.
-
"India's Financial System Diverse, Driven By Rapid Economic Growth": IMF Report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance.
-
IMF Urges Kenya to Align Crypto Regulations with Global Standards
In a recently released 43-page Technical Assistance Report, the IMF has advised Kenya to align its crypto guidelines with global policies. The report outlines key areas for enhancing safety and regulation in the country's crypto sector.
-
RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
-
What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
-
Analysis: Can Chandrababu Naidu's "Rich Adopt Poor" Plan Bridge The Gap?
The IMF (The International Monetary Fund) in its report in April 2024 had estimated India's GDP growth to be 6.8%. In July 2024, it revised the forecast by 20 basis points to 7%.
-
Pakistan In Talks With IMF For 24th 'Longer And Larger' Bailout: Report
The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.
-
IMF Doubts Cash-Strapped Pakistan Will Be Able To Pay Back Loan
The IMF has said that Pakistan faces major debt-repayment challenges and expressed serious doubts over the cash-strapped country's capacity to repay the global lender, according to a media report on Saturday.
-
IMF Approves Disbursal Of $1.1 Billion Loan Tranche To Pakistan: Report
The International Monetary Fund's (IMF) executive board has given the green light for a USD 1.1 billion loan tranche for Pakistan, signaling the conclusion of the second bailout package, ARY News reported.
-
Income Inequality Up In 60% Of Nations With IMF, World Bank Loans: Report
A massive 60 per cent of all countries receiving grants or loans from the International Monetary Fund and World Bank are witnessing high or increasing income inequality, an analysis by Oxfam International has revealed.
-
IMF Withholding Financial Aid for El Salvador Due to Its Bitcoin Alliance: Report
The IMF has asked El Salvador to change its policies around Bitcoin in order to get the aid of $1.4 billion that it needs to expedite public debt payments and other financial obligations.
-
Pakistan, IMF Reach Agreement Over $1.1 Billion Payment: Report
The International Monetary Fund on Wednesday said it had reached a staff level agreement with Pakistan, which if approved by its board, will disburse $1.1 billion for the indebted South Asian economy also saddled with a balance of payment crisis.
