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  Believe it or not: Domestic cylinder costs over Rs 3,000 in Pakistan amid inflation

  World | October 04, 2023 14:02 IST

  In September, Pakistan experienced its first inflation increase in four months, driven by government-mandated fuel price hikes aligned with IMF conditions for a $3 billion bailout program.

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  Pakistan is begging money from world while India reached moon and hosted G20 summit: Nawaz Sharif

  World | September 19, 2023 22:32 IST

  Pakistan's economy has been in a free fall mode for the last many years, bringing untold pressure on the poor masses in the form of unchecked double-digit inflation.

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  Did Pakistan sell arms to Ukraine to secure IMF funding? READ

  World | September 19, 2023 12:03 IST

  In July, the IMF transferred USD 1.2 billion to cash-strapped Pakistan, part of the USD 3 billion bailout programme for nine months to support the government’s efforts to stabilise the country's ailing economy.

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  RBI Governor pitches for expeditious completion of quota review at IMF

  Business | August 11, 2023 17:00 IST

  Shaktikanta Das was speaking at a seminar on the global economy organised by the Ministry of Finance and the Reserve Bank of India (RBI) in the national capital.

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  Indian economy to grow at 6.1 per cent in 2023, projects IMF

  Business | July 25, 2023 20:43 IST

  The IMF projected a growth rate of 6.1 per cent for India in 2023, which is a 0.2 percentage point upward revision compared with the April projection.

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  'Very inspiring click’: PM Modi applauds Nirmala Sitharaman’s picture with IMF’s Gita Gopinath

  India | July 17, 2023 23:49 IST

  It is worth mentioning India is currently holding meetings of G20 and currently top IMF officials and other leaders are in Gujrat's Gandhinagar to attend the meeting of the third G20 Finance Ministers and Central Bank Governors (FMCBGs) meeting.

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  'Very inspiring click’: PM Modi applauds Nirmala Sitharaman’s picture with IMF’s Gita Gopinath

  India | July 17, 2023 17:19 IST

  It is worth mentioning India is currently holding meetings of G20 and currently top IMF officials and other leaders are in Gujrat's Gandhinagar to attend the meeting of the third G20 Finance Ministers and Central Bank Governors (FMCBGs) meeting.

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  Cash-strapped Pakistan set to become 4th biggest debtor of IMF: Report

  World | July 03, 2023 13:01 IST

  Other Asian countries that borrowed from the IMF, including Sri Lanka, Nepal, Uzbekistan, the Kyrgyz Republic, Armenia (West Asia) and Mongolia, are far behind Pakistan in terms of taking loans from the global lender.

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  Near economic collapse, Pakistan reaches $3 billion staff-level pact with IMF

  World | June 30, 2023 12:46 IST

  Porter also highlighted policy missteps in Pakistan, such as "shortages from constraints on the functioning of the FX market", that have stalled the country's economic growth.

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  Pakistan: Countdown begins for economic collapse; desperate PM Shehbaz pleads IMF for $6B bailout

  World | June 28, 2023 9:11 IST

  Interestingly, discussions between Islamabad and the IMF stalled in December after the global lender delayed the release of a crucial tranche of $1.1 billion from the bailout

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  IMF raises issues with Pakistan's FY23-24 budget; calls it 'missed opportunity' | FULL DETAILS

  World | June 15, 2023 13:10 IST

  IMF on Pakistan Budget: The government unveiled a Rs 14.4 trillion budget for 2023-24 in the National Assembly last week as it battled to fend off a looming default due to shrinking foreign reserves.

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  IMF exudes confidence in India for economic revival; projects 'Asia-Pacific to grow 4.6 pc in 2023'

  Business | May 02, 2023 13:20 IST

  International Monetary Fund: From 3.8 per cent in 2022, the growth in the dynamic Asia-pacific is projected to hike to 4.6 per cent in 2023.

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  Indian economy to grow at around 6.5 pc in FY24 despite US, Europe bank crisis: NITI Aayog

  Business | April 30, 2023 11:56 IST

  Recently, the World Bank and the Asian Development Bank projected moderation in Indian economic growth between 6.3 per cent and 6.4 per cent due to a slowdown in consumption and challenging external conditions.

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  Crypto issue requires immediate attention, says FM Sitharaman at IMF event

  Business | April 15, 2023 11:43 IST

  Issues related to crypto have emerged as a major point of discussion among G20 countries and there is unanimity among member nations about the urgency to regulate this sector.

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  IMF massively cuts Pak economic growth projection, forecasts over 20% inflation for next 2 years

  World | April 12, 2023 17:24 IST

  Facing the brunt of the economic crisis, Pakistan is witnessing power, food, and fuel shortage further adding to the vows of the people.

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  IMF cuts India's growth forecast for FY24 to 5.9% from 6.1%

  Business | April 12, 2023 6:11 IST

  IMF growth forecast is lower than projections by the Reserve Bank of India (RBI). RBI sees a 7 per cent GDP growth in 2022-23 and a 6.4 per cent in the current fiscal that started on April 1. The government is yet to release full-year GDP numbers for 2022-23.

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  IMF report hails India's digital infrastructure as a model for other nations to follow

  Business | April 07, 2023 14:28 IST

  The IMF applauds India's digital infrastructure and highlights a building block approach and innovation-fostering practices as a model for other nations experiencing a digital transformation.

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  India one of the bright spots in crisis-ridden world economy: IMF chief

  Business | April 07, 2023 13:17 IST

  Kristalina Georgieva, the MD of the International Monetary Fund (IMF), said that the sharp slowdown in the world economy last year due to the pandemic and Russia’s invasion of Ukraine would continue this year.

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  India, China to account for half of global economic growth in 2023: IMF chief

  Business | April 07, 2023 8:52 IST

  International Monetary Fund (IMF) managing director Kristalina Georgieva further warned of a similar economic situation this year just like last year wherein a sharp slowdown in the world economy took place following the raging pandemic and Russia's military invasion of Ukraine.

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  Rich people in Pakistan to pay Rs 100 more for petrol, says report

  World | March 21, 2023 18:02 IST

  According to reports, the extra money which will be charged by rich people in Pakistan would be used as funds to subsidise fuel for low-income people.