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

The International Monetary Fund (IMF) is betting on a strong comeback for China, as it upgrades its growth forecast in 2023 to an impressive 5.4%.

IMF praises China's post-Covid rebound, applauds its economic resurgence | World DNA | WION

The International Monetary Fund (IMF) on Thursday (Oct 19) announced that it has finalised an agreement with Sri Lanka for the disbursal of the second tranche of a $3 billion loan to aid the recovery of the country from its worst-ever economic crisis.

Sri Lanka, IMF finalise agreement for second tranche of $3 billion loan

The International Monetary Fund has raised its 2023 global growth estimates slightly. This is after the world recorded resilient economic activity in the first quarter. However, it warned that persistent challenges were dampening the medium-term outlook. The world economy is now projected to grow at 3.0% in 2023. That's up 0.2 percentage point from its April forecast. Its outlook for 2024 remained unchanged, which was also at 3.0%.

IMF provides a glimmer of hope | World DNA

Former Pakistan Prime Minister Imran Khan has urged the international monetary fund to seek a guarantee from the government that general elections in Pakistan will be held at their scheduled time this year.

Former Pak PM Imran Khan seeks IMF support for timely elections in the country

Pakistan is currently facing an unprecedented financial crisis and expects a loan from the International Monetary Fund (IMF) to revive the economy. On Wednesday (June 28), Dawn newspaper reported citing people with knowledge of the matter that Islamabad is in talks with the international financial institution for a new $2.

Pakistan in talks with IMF for new $2.5 billion quick standby assistance: Report

The International Monetary Fund says Sri Lanka's crisis-hit economy is expected to begin bouncing back in 2024. The country took a dent of 3% this year, amid its worst economic crisis since independence. An IMF team is currently visiting Sri Lanka until May 23 as part of regular consultations with the officials.

Sri Lanka economy crisis: IMF review team in the country until May 23

India's digital public infrastructure, one of the biggest success stories of the country, has got a thumbs up from the International Monetary Fund. While praising India's digital public infrastructure, a recent paper by the IMF noted that the country's digital journey has "lessons for other countries embarking on their own digital transformation."

IMF paper hails India's public digital infrastructure

Kristalina Georgieva, the head of the International Monetary Fund (IMF), cautioned on Sunday that risks to financial stability had increased and emphasised the need for vigilance. The managing director of the IMF predicted that 2023 will be yet another hard year, with global economy dropping to below 3.0 percent as a result of the conflict in the Ukraine, monetary tightening, and pandemic's scarring

IMF chief Georgieva says risk to financial stability have increased

Bangladesh had sought loans from global agencies, including the International Monetary Fund, prompted by its dwindling foreign exchange reserves caused by rising import bills. How much money did India gave to build this cross-border energy pipeline. Watch this report

India-Bangladesh friendship pipeline, explained | Inside South Asia

Egypt, sapped dry of dollars despite a $3 billion International Monetary Fund bailout loan, is seeking to boost its coffers by selling state assets to wealthy Gulf nations.

Egypt to sell state assets on Dollar crunch

The International Monetary Fund (IMF) and Pakistan have failed to reach a clear agreement to unlock the crucial $1.1 billon in terms of bailout funds and this comes just hours after local media had reported that all matters had been settled and the Prime Minister Shehbaz Sharif has also approved the deal.

IMF delegation in Pakistan to discuss bailout fund, seeks more time to conclude deal

Pakistan's Prime Minister Shehbaz Sharif on Friday said that the government has no choice but to agree to bailout conditions of IMF that are "beyond imagination".

Pakistan ‘will have to agree’ to IMF’s bailout conditions though it will trigger price rise: PM Sharif

The International Monetary Fund (IMF) on Wednesday said that China still has room to adjust its strict zero-Covid policy, pointing out that the nation's stringent policies have been especially hard on the people.

China can adjust its strict zero-Covid policy, it's been hard on people, says IMF

The International Monetary Fund (IMF) said on Tuesday that the global economic growth is expected to slow down by almost 0.2 percentage points in comparison to its July forecast.

IMF cuts 2023 global growth to 2.7%, India set to be one of fastest-growing economies

Prime Minister Ranil Wickremesinghe told parliament Tuesday that Sri Lanka is bankrupt and the acute pain of its unprecedented economic crisis will linger until at least the end of next year.

Sri Lanka economic crisis: Ranil Wickremesinghe admits Colombo is bankrupt

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 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

The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.

Sri Lanka economic crisis: IMF holds 'fruitful' loan discussions with Colombo, World Bank readies aid package

The International Monetary Fund on Tuesday (April 19) projected a growth rate of 8.2 per cent for India in 2022. Earlier, the Ministry of Statistics and Programme Implementation had predicted a growth rate of 8.

International Monetary Fund projects growth rate of 8% for India in 2022

In response to the COVID-19 pandemic, the International Monetary Fund on Thursday said it would extend its flexible access to emergency funding for an additional 18 months.

IMF extends emergency funding by 18 months to help nations struggling due to coronavirus

A couple of days back, Pakistan Prime Minister Imran Khan said the "biggest problem" is that the government doesn't have enough money to run the country. He added that the rising foreign debts and low tax revenue had become an issue of "national security".

Pakistan's debt and liabilities increase; govt 'doesn't have money': What's next for the debt-ridden nation?

IMF Managing Director Kristalina Georgieva said that the International Monetary Fund is estimating this month that global growth for 2021 will be about 6%, the same as forecast in April, but with some countries growing faster and others more slowly.

World Business Watch: IMF to keep 2021 global growth forecast at 6% says Kristalina Georgieva

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