The drop in global ranking is likely linked to a recent revision of the base year, which lowered its nominal GDP estimates. The weakening rupee has also contributed to the decline in India’s ranking.

India slips to 6th largest economy, falls behind UK despite strong growth outlook: Here's why

IMF forecasts India’s GDP growth to 6.6% for 2025 despite US tariff concerns

Concerns arise over off-budget borrowing and undisclosed debt arrangements, complicating financial assessments for nations, particularly in Africa and Asia. 

Why is the World Bank demanding radical debt transparency now?

Business & Economy: From banning imports and blocking airspace, India has weaponised its economic toolkit and the fallout is rippling across South Asia

Economic crossfire: How India-Pakistan tensions are reshaping South Asia’s financial landscape

Sri Lanka's new leftist government has agreed to press ahead with a controversial IMF bailout program that involves tough austerity and economic reforms, the international lender announced Saturday.

IMF approves third review of Sri Lanka's $2.9 billion bailout

Sri Lanka's new President Anura Kumara Dissanayake called for restarting talks with the IMF "immediately" over a $2.9 billion bailout that threw a lifeline to his bankrupt country but imposed painful austerity.

Sri Lankan president calls for ‘immediate’ fresh talks with IMF over $2.9 billion bailout

Pakistan formally requested China to restructure its debt. This comes as outstanding dues for power projects increased by 44% to $410billion. Pakistan's Finance Minister had arrived in Beijing on Thrusday to engage in crucial talks on debt relief and structural reforms proposed by International Monetary Fund.

Pakistan Finance Minister Muhammad Aurangzeb in China as Pak seeks debt relief from China

The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.

IMF raises India's GDP forecast to 7% for 2024-25

Now, we look at whether the dollar is losing its global dominance. International Monetary Fund's data reveals that US dollar's dominance as the world's primary reserve currency is slowly eroding. While it remains the most widely held reserve currency, the share has been declining for the past two decades. This trend continues despite recent strength in the dollar itself.

IMF data shows gradual decline in dollar's share of global reserves

Pakistan's Central Bank has chosen to maintain its interest rate at a record high of 22%. This decision comes ahead of a crucial visit from the International Monetary Fund (IMF) next month, where discussions on a new loan program worth at least $6 billion will take place.

Pakistan inflation falls below interest rate for first time in 3 years

The International Monetary Fund's latest regional economic outlook paints a mixed picture for West Asia, North Africa & Pakistan. IMF downgraded West Asia's growth outlook amid ongoing conflicts & tight policies.

IMF’s regional economic outlook for West Asia, North Africa & Pakistan

The world economy is expected to grow at the same rate of 3.2% in 2024 and 2025 as it did in 2023, according to the baseline prediction.

IMF: Global recovery is steady but slow and differs by region | Challenges in West Asia and Pakistan

The International Monetary Fund predicts that Saudi Arabia will require a higher oil price than initially anticipated this year. The initiative of the organisation of Petroleum exporting countries, or OPEC+, to reduce output has weighed on revenues.

Will OPEC+ start to unwind production cuts on higher oil?

The international monetary fund (imf) has announced a significant reform to its lending policy, aimed at accelerating debt relief for countries in crisis. This move comes amid growing concerns about delays in debt restructuring negotiations, particularly with china, the world's largest official creditor.

IMF's new approach addresses rising global public debt levels

A new report by Oxfam International raises concerns about rising income inequality in developing countries. Their analysis reveals that 60% of nations receiving loans or grants from the International Monetary Fund (IMF) and World Bank are experiencing this troubling trend.

IMF & World Bank grapple with rising income inequality | World Business Watch

Pakistan's stock market has reached a record high, fueled by optimism surrounding a recent agreement with the International Monetary Fund. Watch in for more details!

Investors eye Pakistan market amid IMF deal, Privatisation push

The International Monetary Fund has reached a staff-level agreement to release 1.1 billion for the debt rid in South Asian economy. This comes after Pakistan met key benchmarks set by the IMF including budget adjustments and reforms.

Pakistan vows to continue economic refrms set by IMF, meets IMF benchmarks

With Pakistan's $3 billion bailout programme about to expire in April, new prime minister Shehbaz Sharif directed officials to expedite talks with the International Monetary Fund. The decision was made by Sharif following a briefing by Finance Secretary Imdad Ullah Bosal following his oath of office as leader of Pakistan on Monday.

Pakistan faces $25 billion debt payments

As global markets closely monitor japan's monetary policy, the International Monetary Fund's first deputy managing director, Gita Gopinath, weighs in on the Bank of Japan's potential shift. With japan's output gap closing and wage negotiations promising growth, gopinath emphasises the importance of a gradual approach and clear communication to avoid market disruptions.

IMF's Gita Gopinath backs Japan's policy shift

Having shifted its allegiances from India to China, the strategically placed Indian Ocean nation of Maldives is at high risk of "debt distress", according to a warning issued by the International Monetary Fund (IMF) on Wednesday (Feb 7).

IMF warns Maldives of 'debt crisis' due to China borrowing as Muizzu laments economic situation

The International Monetary Fund (IMF) raised its prediction for global growth this year. But it also issued a warning about the risks of inflation and wars. The global body cited china's fiscal stimulus and the united states' stronger-than-expected expansion as the reasons for the growth upgrade.

IMF cites geopolitical shocks & supply disruptions as risks

Is India's growth story not sitting well with the International Monetary Fund? The IMF has reclassified India's foreign exchange regime as 'stabilized arrangement' from 'floating system', after accusing the RBI of excessive interference. Was the IMF assessment in bad taste?

Gravitas: Is India's growth story not sitting well with IMF?

Somalia is set to receive debt relief of $4.5 billion from its international creditors, the international monetary fund and world bank. For one of the poorest nations in the world with around 70 percent of its population living on less than $1.90 a day, it is welcome news.

Somalia gets $4.5bn in debt relief from creditors | World of Africa

Pakistan Finance Minister Shamshad Akhtar, while interacting with the media reporters on Thursday (Nov 16), said that the country is likely to need financial aid from the International Monetary Fund and hence, is likely to seek another bailout from the international multilateral lender.

Pakistan to need another IMF bailout after $700 million payout, says finance minister