International Monetary Fund
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Rich people in Pakistan to pay Rs 100 more for petrol, says report
World | Mar 21, 2023, 06:02 PM ISTAccording 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.
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IMF tells Pakistan to function as a country, tax the rich
World | Feb 20, 2023, 08:59 PM ISTIMF Chief Kristalina Georgieva, in an interview with German state broadcaster Deutsche Welle, said that Pakistan needs to take strong measures to avoid getting into a dangerous place.
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Pakistan is already bankrupt, IMF not the solution, says country's Defence Minister Khawaja Asif
World | Feb 19, 2023, 04:26 PM ISTThe statement from Pakistan's Defence Minister has come when Pakistan's weekly inflation is touching 39 per cent.
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In Pakistan, milk now costs PKR 210 per litre, chicken meat PKR 700-780 per kg amid economic crisis
World | Feb 14, 2023, 07:14 PM ISTWaiting for the International Monetary Fund (IMF) bailout for the 9th time, the price of one litre of milk in Pakistan is currently PKR 210, Rs 20 up from 190 per litre last week.
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BIG BLOW to Pakistan! IMF delays much-sought-after bailout package for cash-strapped nation
World | Feb 10, 2023, 02:31 PM ISTPakistan bailout package: In order to revive its fragile economy, Pakistan is in desperate need of financial assistance and a bailout package from the IMF. According to reports, Pakistan's foreign exchange has dropped below USD 3 billion.
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IMF projects slowdown in Indian economy in fiscal year 2023 | Check World Economic Outlook report
Business | Jan 31, 2023, 08:59 AM ISTIMF on Indian economy: According to the projection, growth in India is set to decline from 6.8% in 2022 to 6.1% in 2023 before picking up to 6.8% in 2024, with resilient domestic demand despite external headwinds.
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International community banks a lot on India's G-20 leadership amid global economic slowdown: IMF
Business | Jan 13, 2023, 08:45 AM ISTIndia's G-20 leadership: India formally assumed the presidency of G20 (Group of 20) on December 1, 2022. New Delhi is also scheduled to hold the next G20 Leaders' Summit, at the level of Heads of State/Government, on September 9-10 this year.
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IMF 'fully supports' India's G20 agenda for much more prosperous future amid global crisis
Business | Dec 03, 2022, 08:09 AM ISTIMF on India's G20 agenda: Speaking to the media, Ceyla Pazarbasioglu, Director of the Strategy and Policy Review department at the IMF, said India is putting together a collective agenda for a much more prosperous future.
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India's economic growth likely to be better than IMF's projections next fiscal year, claims CEA
India | Oct 31, 2022, 05:43 PM ISTIndia's economic growth: The International Monetary Fund recently predicted real growth for India at 6.8% this year and 6.1% the following year.
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'India a bright spot on this dark horizon because...': IMF MD | WATCH
India | Dec 16, 2022, 12:32 PM ISTIndia deserves to be called a bright spot on this otherwise dark horizon because it has been a fast-growing economy, even during these difficult times, but most importantly, this growth is underpinned by structural reforms, said International Monetary Fund (IMF) MD, Kristalina Georgieva.
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India doing better and in relative bright spot compared to others: IMF
Business | Oct 12, 2022, 11:50 AM ISTBusiness news: 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.
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'The worst is yet to come': IMF on global economy
Business | Oct 12, 2022, 06:15 AM IST"The worst is yet to come", the global financial institution's World Economic Outlook report said, Sky News reported.
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IMF cuts India's economic growth forecast to 6.8% for 2022-23
Business | Oct 11, 2022, 11:55 PM ISTGlobal growth is forecast to slow from 6.0 percent in 2021 to 3.2 percent in 2022 and 2.7 percent in 2023. This is the weakest growth profile since 2001, except for the global financial crisis and the acute phase of the COVID-19 pandemic.
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IMF provisionally agrees on USD 2.9 billion loan for crisis-hit Sri Lanka
World | Sep 01, 2022, 12:59 PM ISTIMF staff and the Sri Lankan authorities have reached a staff-level agreement to support Sri Lanka’s economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about 2.9 billion US dollars.
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Imran Khan's wrongdoing led to IMF's mistrust with Pakistan: Maryam Nawaz takes jibe at former PM
World | Jul 03, 2022, 07:56 AM ISTAddressing a rally, Maryam Nawaz said that the coalition government had to make some decisions with a heavy heart, including increasing the prices of petroleum products, because of Khan's wrongdoings.
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Pakistan: Cash-strapped nation secures deal with IMF to restore stalled $6 billion aid
World | Jun 22, 2022, 01:15 PM ISTThe revival of the facility will immediately provide access to USD 1 billion, which Pakistan badly needs to buttress its dwindling foreign exchange reserves.
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Global recession not expected: IMF chief
Business | May 24, 2022, 10:23 AM ISTKristalina Georgieva reminded that the International Monetary Fund is forecasting 3.6% growth for 2022, which is “a long way to global recession.”
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Ahead of talks with IMF, will Pakistan withdraw subsidy on petroleum products?
World | May 15, 2022, 07:51 AM ISTAs per the sources, ahead of Pakistan's talks with the International Monetary Fund (IMF) for the revival of the USD 6 billion loan programme, the Shehbaz government will abandon the fuel subsidy on Sunday, as per Geo TV.
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High oil prices behind inflation in India, monetary tightening needed: IMF
India | Apr 27, 2022, 08:37 AM ISTAccording to estimates, the country’s economy is likely to grow at 8.2 per cent in 2022-23, down 0.8 per percentage points.
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India has unique role in addressing 'global challenges': IMF chief Kristalina Georgieva
World | Apr 22, 2022, 07:48 AM ISTIMF Managing Director Kristalina Georgieva made the remarks at a joint news conference with Nadia Calviño, Chair, the International Monetary and Finance Committee of the IMF.