The International Monetary Fund (IMF) and Pakistan had reached an agreement to begin a loan programme that had been put on hold. This will inject $1.17 billion into the faltering economy.

WION Dispatch: IMF agrees to revive loan to Pakistan after fuel, tax hikes

IMF has said that global economic outlook has darkened significantly and has warned that situation could deteriorate further. Warning comes just months after IMF cut its global growth forecast for this year and next year.

IMF warns of 'darkening' global economic playout

The International Monetary Fund (IMF) said on Thursday that it and Pakistan had reached an agreement to begin a loan programme that had been put on hold. This will inject $1.

IMF agrees to resume inflation-hit Pakistan's loan after fuel, tax hikes

As the 2022 United States growth forecasts to 2.3 per cent from 2.9 per cent in late June due to weakening consumer spending, the International Monetary Fund on Tuesday warned that avoiding a recession in the United States will be “increasingly challenging”.

United States: IMF cuts 2022 growth forecast to 2.3% but predicts country will avoid recession

In the light of falling consumers spending and rising inflation, IMF has once again cut growth forecast for US to 2.3 % from 2.9 % in late June.

IMF cuts US 2022 growth forecast

Sri Lanka's economic crisis has engulfed South Asian nation. IMF MD Kristalina Georgieva is pushing China and other group of 20 economies to speed up debt relief for growing number of heavily indebted countries.

IMF's Georgieva warns against 'complacency' on global debt problems

Argentina is currently battling soaring inflation. Anti-IMF protests have erupted in Buenos Aires. Protesters marched to the Presidential palace.

Argentina battles soaring inflation: Anti-IMF protests erupt in Buenos Aires

Argentina’s economy minster Martin Guzman, announced his resignation on Saturday (July 2), creating more uncertainty in the regions third largest economy. Guzman led renegotiations with the International Monetary Fund (IMF).

Argentina’s economy minister resigns after being criticised for economic mismanagement

As the island nation's inflation hit a ninth consecutive record in the month of June, inflation reached an all-time high and with this Sri Lanka is now broken into the hyperinflation zone.

Sri Lanka breaks into hyperinflation zone, IMF suggests to raise taxes to revive economy

The Pakistan PM says that the country could receive two billion dollars from the international Monetary Fund. Pakistan has received targets for the IMF fund bailout program.

'Pakistan could receive $2 billion from International Monetary Fund,' says PM Shehbaz Sharif

The head of Tunisia's powerful UGTT trade union confederation on Thursday rejected conditions set by the International Monetary Fund for a new loan to bail out the country's struggling economy.

Tunisia trade unions chief rejects IMF reforms, talks on a new package to start in 'coming weeks'

Pakistan's foreign exchange reserves are rapidly depleting, and its currency is trading at historic lows against the dollar.The current coalition government led by Shehbaz Sharif is forced to present the budget in accordance with the IMF's directives and conditions.

Pakistan loses right to decide its budget, IMF to dictate Shehbaz govt

Pakistan and International Monetary Fund (IMF) have reached an agreement over bailout programme, said Pakistani media. It is expected that the agreement will be signed in-principle on Friday (June 24).

Pakistan and IMF reach agreement on bailout programme

The International Monetary Fund (IMF) and Pakistan said on Wednesday that progress had been made in talks of Pakistan bailout programme. Pakistan is expecting IMF to increase the size and duration of 39-month USD 6 billion facility Pakistan's economy is teetering on the brink of a financial crisis.

Pakistan, IMF mention progress in bailout talks

Sri Lanka has been experiencing its worst economic crisis since gaining independence in 1948 and the country started its two-week shutdown on Monday in order to preserve its already-depleting fuel reserves.

Sri Lanka in talks with IMF about possible bailout as nation-wide shutdown begins

There doesn't seem to be any respite for Pakistan, it is deprived of two of the most fundamental elements to run a democracy- political and economic stability. It desperately needs the International Monetary Fund on its side to come out of this

Pakistan economic crisis: 'Renegotiate energy deal with China,' IMF puts Pakistan in a tough spot

Pakistan is in the midst of an economic catastrophe, and the government has no idea how to salvage the country's economy. On Tuesday, the Pakistani government's desperation and irritation came to the fore when a Federal Minister urged citizens to cut their tea consumption in order to save the country's economy, which is on the verge of collapse.

Cutting chai: Govt asks Pakistanis to reduce tea consumption

As per economists at Citigroup Inc. Pakistan's new budget and its plan to trim its deficit by cutting down on spending may not be enough to convince the International Monetary Fund (IMF) to resume its loan program.

Reports suggest Pakistan budget may fall short of unlocking IMF loan

Pakistan's new government unveiled its first budget. This was much awaited by many because this government took birth out of a crisis and it adopted an economy completely wounded. IMF is concerned over the budget and urged Pakistan to raise more direct taxes.

IMF calls Pakistan's budget 'problematic', urges to raise more direct taxes

Pakistan's finance minister said on Saturday that the International Monetary Fund (IMF) has expressed concern about the country's recently unveiled budget, but the government is confident it can make changes to satisfy the lender.

IMF still has concerns over Pakistan budget - finance minister

In a virtual meeting on Wednesday, the International Monetary Fund (IMF) pressed hard on Pakistan whereby the Pakistani side shared the features of the coming budget 2022-23.

IMF presses hard for reforms as Pakistan shares upcoming 2022-23 budget features

Indian national Krishna Srinivasan has been appointed as Director of the Asia and Pacific Department (APD) of the International Monetary Fund, said Managing Director Kristalina Georgieva on Wednesday.

Proud moment: Indian national Krishna Srinivasan to become IMF’s Asia-Pacific dept chief, says MD

Pakistan Finance Minister Miftah Ismail has reportedly said that the country would need USD 41 billion in the next 12 months. "We have to pay back USD 21 billion in the next year.

Pakistan needs USD 41 billion in next 12 months, says finance minister

Moody's Investor Service has downgraded Pakistan's outlook from stable to negative, citing financial concerns that includes a delay in the revival of International Monetary Fund's (IMF) bailout.

Moody's lowers Pakistan outlook to negative over IMF delay

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