IMF cuts 2022 Latin America growth forecast; Mexico, Brazil see big hits The International Monetary Fund on Tuesday lowered its 2022 economic growth forecasts for Latin America and its two... Updated 25 Jan, 2022 09:24pm
World IMF cuts growth forecasts for US, China and the world as Omicron spreads WASHINGTON: The International Monetary Fund lowered its economic forecasts for the United States, China and the... Published 25 Jan, 2022 07:19pm
World IMF warns Fed tightening may delay Asia's recovery TOKYO: Expected interest rate hikes by the US Federal Reserve may delay emerging Asia's economic recovery and keep... Published 25 Jan, 2022 07:12pm
Markets IMF to meet with all Chad's creditors by end of January WASHINGTON: The International Monetary will present an updated macroeconomic framework to all of Chad's creditors by... Published 24 Jan, 2022 10:00pm
World Lebanon to start virtual talks with IMF next week DUBAI: Lebanese officials will start talks with the International Monetary Fund on Monday, an official government... Published 23 Jan, 2022 05:17am
Pakistan President Dr Arif Alvi approves Finance (Supplementary) Bill 2021 President Dr Arif Alvi approved on Saturday the Finance (Supplementary) Bill 2021, generally known as the... Published 15 Jan, 2022 05:27pm
World Afghanistan's hunger and poverty crisis in numbers Millions of Afghans are at risk of famine as one of the country's worst droughts in decades is compounded by an... Published 11 Jan, 2022 11:24am
Business & Finance 6th review: IMF accepts Pakistan's request to reschedule, says finance ministry IMF agenda had earlier indicated that review would be discussed on January 12, however, it has now been delayed Updated 10 Jan, 2022 05:14pm
Editorials Inconsequential delay EDITORIAL: Finance Minister Shaukat Tarin, in his latest interaction with the public, acknowledged that the... Updated 05 Jan, 2022 08:48pm
Markets Covid-impacted nations: IMF extends emergency funding by 18 months WASHINGTON: The International Monetary Fund said Thursday it will extend its flexible access to emergency funding ... Updated 24 Dec, 2021 02:54pm
World IMF, Mozambique to discuss credit facility in January JOHANNESBURG: The International Monetary Fund and authorities in Mozambique will begin discussing an extended credit... Published 21 Dec, 2021 11:57am
Business & Finance UK inflation jumps to 10-year high of 5.1% LONDON: British consumer price inflation surged to an annual rate of 5.1% in November, its highest since September... Published 15 Dec, 2021 12:45pm
Markets IMF warns Bank of England against inaction on inflation LONDON: The International Monetary Fund warned the Bank of England on Tuesday to avoid an 'inaction bias' in its... Published 14 Dec, 2021 04:57pm
Pakistan Pakistanis squeezed by inflation face more pain from tax hikes ISLAMABAD: When Pakistan's annual inflation rate hit 11.5% in November, the statistics office put a number on a... Published 13 Dec, 2021 05:36pm
World IMF approves $276mn loan deal for poverty-stricken Niger DAKAR: The International Monetary Fund has approved a three-year loan deal for Niger worth around $276 million, the... Published 09 Dec, 2021 05:10pm
Business & Finance IMF says US monetary policy should focus more on inflation risks WASHINGTON: The International Monetary Fund on Friday warned of intensifying inflationary pressures, especially in... Published 03 Dec, 2021 08:44pm
World Omicron variant raises new fears for pandemic-hit world economy WASHINGTON: Just as it was recovering from the body blow of the Covid-19 pandemic, the global economy has taken yet... Updated 30 Nov, 2021 11:43am
Print Petrol retailers stage protest ISLAMABAD: Petrol retailers began a nationwide strike on Thursday as the main industry body flagged low profit... Published 26 Nov, 2021 03:55am
Markets IMF urges El Salvador against using bitcoin as official currency SAN SALVADOR: The International Monetary Fund on Monday warned El Salvador against using bitcoin as official tender... Published 23 Nov, 2021 11:31am
Markets Programme revival: Pakistan, IMF reach staff-level agreement on sixth review Subject to approval by Executive Board, country to get about $1.059 billion under Extended Fund Facility (EFF), says IMF statement Updated 22 Nov, 2021 08:33am
Print IMF talks ‘progressing around various pillars of programme’ ISLAMABAD: The International Monetary Fund (IMF) has stated that Fund’s mission to Pakistan and authorities are... Updated 21 Oct, 2021 09:43am
Business & Finance Afghanistan's economic collapse could prompt refugee crisis: IMF Economy is set to contract up to 30% this year, says lender Updated 20 Oct, 2021 08:38am
Markets India's forex reserves rise to $639.52bn as of Oct 8: RBI BENGALURU: India's foreign exchange reserves rose to $639.52 billion as of Oct. 8, compared with $637.48 billion a... Published 16 Oct, 2021 04:49am
World 'Great financing divide' between rich, poor nations slows recovery: IMF WASHINGTON: Economic growth in poorer countries will likely lag pre-pandemic expectations for years, given gaps in... Published 13 Oct, 2021 04:30pm
World IMF takes data integrity 'incredibly seriously,' chief economist says WASHINGTON: The International Monetary Fund takes data integrity "incredibly seriously" and has a robust system to... Published 12 Oct, 2021 08:55pm
World IMF says economic policymakers need to juggle continued support, risks WASHINGTON: Policymakers worldwide are entering a tricky phase of the pandemic recovery and should take care to... Updated 12 Oct, 2021 07:49pm
World IMF cuts global growth outlook as supply bottlenecks hobble pandemic recovery WASHINGTON: Persistent supply chain disruptions and pricing pressures are constraining the global economy's recovery... Updated 12 Oct, 2021 06:20pm
World Still no decision on whether IMF chief keeps her job WASHINGTON: The International Monetary Fund said Sunday it still had not decided whether its embattled chief would... Published 12 Oct, 2021 04:44am
Markets IMF says still no decision on whether Georgieva keeps her job WASHINGTON: The International Monetary Fund said Sunday it still hasn't reached a decision on whether its embattled... Published 11 Oct, 2021 09:50am
World IMF approves fourth round of debt relief for poor countries This debt service relief helps free up scarce financial resources for vital health, social and economic support to mitigate the impact of the COVID-19 pandemic, says IMF Published 08 Oct, 2021 09:02pm