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IMF International Monetary Fund

IMF Says It Fully Supports India's G20 Agenda

India formally assumed the G20 Presidency on Thursday

03 December 2022

India Is Doing Better And In Relative Bright Spot Compared To Others: IMF

The IMF on Tuesday in its World Economic Outlook projected a growth rate of 6.8 per cent in 2022 as compared to 8.7 per cent in 2021 for India


Sitharaman To Leave For US On Tuesday To Attend IMF, World Bank Annual Meetings

She will also attend the meetings of the G20 Finance Ministers and Central Bank Governors, besides having interaction with business leaders and investors


IRDAI Gives Nod To Changes In Insurance Industry Norms; Raises Tie-Up Limits For CAs, IMFs—Know More

The easing of norms and clarity around promoters/ investors are expected to help foster the entry of new players and accelerate growth in the industry.

26 November 2022

Indian Economy.

Indian Economy May Grow At 6-7% In FY23: PHDCCI

The statement comes a day after the International Monetary Fund (IMF) cut its economic growth forecast for India to 6.8 per cent in 2022.


Global Economy Is Moving From A World Of Relative Predictability To One Of Greater Uncertainty: IMF

Observing that uncertainty remains extremely high in the context of war and pandemic, she said there could be even more economic shocks

07 October 2022

IMF.(File photo-Representational image)

IMF Asks Countries To Preserve Vital Foreign Reserves Amidst Appreciating Dollar

Countries with sound economic policies in need of addressing moderate vulnerabilities should proactively avail themselves of the International Monetary Fund’s precautionary lines to meet future liquidity needs.

15 October 2022

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IMF Warns Of Higher Recession Risk And Darker Global Outlook

Kristalina Georgieva, managing director of the IMF, told an audience at Georgetown University on Thursday that 'things are more likely to get worse before it gets better'

06 October 2022

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20 September 2022
India Assures Crisis Hit Sri Lanka Of Its Constant Support

India Assures Crisis Hit Sri Lanka Of Its Constant Support

India has said that Sri Lanka will continue to be supportive of it in all possible ways, in particular by promoting long-term investments in key economic...


02 September 2022
High Food, Petrol Prices Can Trigger Protests In Pakistan: IMF

High Food, Petrol Prices Can Trigger Protests In Pakistan: IMF

Pakistan’s inflation measured by the consumer price index (CPI) accelerated to 27.3 per cent in August this year -- the level last seen in May 1975


25 August 2022
India Cautions Its Citizens Against Visiting Sri Lanka

India Cautions Its Citizens Against Visiting Sri Lanka

Sri Lanka has been reeling under severe shortage of fuel and food in the last few months and the economic crisis has triggered massive protests in Colombo last...


23 August 2022
IMF Calls For Regulation Amid Increased Co-Movement Of Crypto And Equities Markets In Asia

IMF Calls For Regulation Amid Increased Co-Movement Of Crypto And Equities Markets In Asia

The International Monetary Fund (IMF) said crypto regulation is the need of the hour in Asia as trading in cryptocurrency and equities markets, especially in...


29 July 2022
Pakistan's Army Chief Bajwa Urges US To Expedite Early Release Of IMF Loan To Pakistan

Pakistan's Army Chief Bajwa Urges US To Expedite Early Release Of IMF Loan To Pakistan

Bajwa's initiative came after meetings between senior civilian Pakistani and American officials failed to make progress on the  negotiations for an early...


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29 July 2022
Foreign Exchange Reserves Fall $1.15 Billion To $572 Billion

Foreign Exchange Reserves Fall $1.15 Billion To $572 Billion

The reserves has been declining amid continuing volatility in the rupee which has also significantly depreciated against the US dollar


28 July 2022
Political Risks Still Challenge Sri Lanka’s Emergence From Default, Says Fitch

Political Risks Still Challenge Sri Lanka’s Emergence From Default, Says Fitch

The credit ratings agency said having a stable government could help Sri Lanka unlock funding support from the IMF


28 July 2022
Is Cryptocurrency Useful For Sri Lanka Amid Raging Economic Crisis?

Is Cryptocurrency Useful For Sri Lanka Amid Raging Economic Crisis?

Crypto enthusiasts have long argued that political and economic instability in Sri Lanka will lead to a flight towards crypto.


23 July 2022
Ranil Wickremesinghe As Sri Lanka’s President Has Got His Task Cut Out, Wary Of Challenges Ahead

Ranil Wickremesinghe As Sri Lanka’s President Has Got His Task Cut Out, Wary Of Challenges Ahead

Ranil Wickremesinghe has moved quickly to consolidate his position since lawmakers elected him this week to finish the term of his predecessor, ousted...


16 July 2022
Pakistan Assures IMF About Concessions From Chinese Investors Involved In CPEC: Report

Pakistan Assures IMF About Concessions From Chinese Investors Involved In CPEC: Report

Pakistan and the IMF reached a preliminary staff-level agreement this week on the combined seventh and eighth reviews for a USD 6 billion loan facility for the...


15 July 2022
International Community Will Not Let Cash-Strapped Pakistan To Become Sri Lanka: Report

International Community Will Not Let Cash-Strapped Pakistan To Become Sri Lanka: Report

The International Monetary Fund on Thursday confirmed that an agreement was reached with Pakistan, which is facing a serious economic crisis since last one year


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15 July 2022
IMF Wants Stability In Sri Lanka To Resume Talks On Bailout Deal

IMF Wants Stability In Sri Lanka To Resume Talks On Bailout Deal

Sri Lanka is going through a deepening political and economic crisis. President Gotabaya Rajapaksa has resigned, and Parliament Speaker Mahinda Yapa...


13 July 2022
Debt-Ridden, Sipping Less Tea: Is Pakistan The Next Sri Lanka?

Debt-Ridden, Sipping Less Tea: Is Pakistan The Next Sri Lanka?

Pakistan is also reeling under a severe electricity crisis with both urban and rural areas across the country facing extended power outages


10 July 2022
IMF Closely Monitoring Situation In Lanka; Hopes For Political Crisis Resolution To Resume Bailout Deal Talks

IMF Closely Monitoring Situation In Lanka; Hopes For Political Crisis Resolution To Resume Bailout Deal Talks

The IMF has concluded a round of policy-level talks with Prime Minister Wickremesinghe who is also Finance Minister and there were some financial issues to be...


05 July 2022
Sri Lanka To Present Debt Restructuring Programme To IMF: PM Ranil Wickremesinghe

Sri Lanka To Present Debt Restructuring Programme To IMF: PM Ranil Wickremesinghe

Sri Lanka is currently working on the debt restructuring sustainability being prepared by legal and financial experts.


01 July 2022
Pakistan: Hike In Petroleum Prices Part Of IMF's Preconditions

Pakistan: Hike In Petroleum Prices Part Of IMF's Preconditions

The steep rise in the price of petroleum in Pakistan is part of the structural adjustment conditions set by the IMF.


01 July 2022
Pakistan Steeply Hikes Petroleum Prices Under Deal With IMF To Revive Bailout Programme

Pakistan Steeply Hikes Petroleum Prices Under Deal With IMF To Revive Bailout Programme

Prices of all petroleum products went up by about Rs14-19 per litre after the decision came into effect from midnight on Thursday


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