Pak economy crosses USD 300-bn mark for first time

From Sajjad HussainIslamabad, May 25 Cash-strapped Pakistan's economy for the first time crossed the USD 300-billion mark and achieved over five per cent GDP growth.Finance Minister Ishaq Dar today...

May 25, 2017 6:08 PM | Newsscroll

IMF approves loan to Mongolia to finance reforms

Beijing, May 25 The International Monetary Fund said Thursday lenders have approved a USD 5.5 billion financing package for Mongolia to support reforms meant to revive economic growth and reduce...

May 25, 2017 3:08 PM | Newsscroll

IMF demands more from eurozone on Greek debt relief

Brussels, May 23 The IMF today demanded more detailed commitments from the eurozone on debt relief for Greece before it could accept joining the country's latest bailout and end a year-long row with...

May 23, 2017 3:16 PM | Newsscroll

Agriculture, Food Security key to cementing Indo-African ties: Jaitley

Gandhinagar (Gujarat)[India], May 23 : With the changing global landscape for agriculture and food security, Union Finance Minister Arun Jaitley said that India and Africa can emerge as key...

May 23, 2017 11:54 AM | Newsscroll

Eurozone fails to reach Greece debt deal amid IMF row

Brussels, May 23 Eurozone finance ministers have failed to reach a deal for fresh bailout cash for Greece, as a row with the International Monetary Fund over debt relief dragged on.After more than...

May 23, 2017 4:11 AM | Newsscroll

Panama Papers issue created some policy uncertainty: World Bank

Islamabad [Pakistan], May 21 : The World Bank has warned that the Panama Papers issue "enhanced political risks" and created "some policy uncertainty" in Pakistan. In its report titled...

May 21, 2017 7:13 PM | Newsscroll

Venezuelans plan duelling marches as deadly crisis continues

Caracas, May 20 Venezuelan protesters and supporters of embattled President Nicolas Maduro take to the streets today as a deadly political crisis plays out in a divided country on the verge of...

May 20, 2017 9:54 PM | Newsscroll

IMF watching Brazil; 'for now' maintains 0.2% GDP forecast

Washington, May 19 The International Monetary Fund is monitoring the developing political situation in Brazil, but "for now" is maintaining the forecast for a slight economic recovery this year, a...

May 19, 2017 10:51 PM | Newsscroll

Forex reserves down USD 443.6 mn to USD 375.27 bn

Mumbai, May 19 After touching a record high, the country's forex reserves declined marginally by USD 443.6 million to USD 375.27 billion in the week to May 12, due to fall in foreign currency...

May 19, 2017 6:06 PM | Newsscroll

GST implementation to be a milestone: Minister

Mangaluru, May 18 The implementation of Goods and Services Tax (GST) from July 1 would be a major milestone in the growth of the country, Union Minister Arjun Ram Mekhwal said today.Speaking after...

May 18, 2017 10:22 PM | Newsscroll