Amidst a pronounced economic slowdown in India, the International Monetary Fund (IMF) issued a warning today calling for immediate action to fix the slowdown. According to IMF, ''urgent policy actions'' are required to reverse the slowdown.

Indian economic slowdown: International Monetary Fund calls for 'urgent' action

At a time when India's economy is suffering from an acute slowdown, the International Monetary Fund (IMF) has issued a warning and said the current downturn can only be reversed through "urgent" policy actions. IMF in its annual review said declining consumption and investment accompanied by falling tax revenue have arrested India's GDP growth, which was one of the fastest in the world just a year ago. #IndiaGDP #IMF #India #IndiaGDPGrowth

IMF: India now in midst of major economic slowdown, needs urgent action

Lebanon's caretaker prime minister Thursday asked international funding bodies for support in drawing up an emergency rescue plan for his protest-wracked country.

Lebanon PM asks World Bank, IMF help with economic rescue plan

The International Monetary Fund said Saturday it had reached an agreement in principle with Ukraine on a new $5.5 billion, three-year aid program for the war-scarred country.

International Monetary Fund and Ukraine reach tentative $5.5 billion aid deal

The Asian Development Bank (ADB) on Friday approved a $1 billion emergency loan for cash strapped Pakistan to provide support to the country`s public finances and help strengthen its slowing economy.

Asian Development Bank approves $1 billion emergency loan for Pakistan

Hong Kong's government pledged HK$4 billion ($511 million) on Wednesday in new relief measures to help bolster an economy battered by months of protests that have eroded business confidence in the Asian financial hub.

Hong Kong government tops up stimulus with extra HK$4 billion

Thousands of anti-government demonstrators were due in the Pakistani capital on Thursday to demand that the government step down, piling more pressure on Prime Minister Imran Khan as he strives to get the faltering economy on track.

Pakistani protesters descend on capital to demand Prime Minister Khan quits

The International Monetary Fund (IMF) said it is assessing an emergency reform package announced by Lebanon's government last week and stressed reforms should be implemented urgently given the country's high debt levels and fiscal deficits.

IMF stresses urgency of reforms in Lebanon to restore economic stability

The International Monetary Fund said on Friday its 189 member countries agreed to maintain the IMF's $1 trillion in total lending resources while delaying changes to its shareholding structure to as late as December 2023.

IMF sidesteps clash with US over funding, delays shareholding changes to 2023

United States Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund's $250 billion crisis lending fund as part of a deal to maintain overall IMF resources.

Steven Mnuchin backs proposal to double International Monetary Fund's crisis fund

The Lebanese government faced calls to resign Thursday after thousands of furious demonstrators took to the streets across the country to protest dire economic conditions.

Lebanese government faces calls to resign as austerity protests spread

China's economy expanded at its slowest rate in nearly three decades in the third quarter, hit by cooling domestic demand and a protracted US trade war, official data showed Friday.

China's Q3 GDP growth slumps to 6%, slowest in two decades

The International Monetary Fund (IMF) trimmed its 2019 growth forecast for China on Tuesday as the US trade war and weak demand at home take a toll on the world's second-largest economy.

International Monetary Fund trims 2019 China growth forecast as US tariffs bite

The global economy is experiencing a “synchronized slowdown,” the new head of the International Monetary Fund said on Tuesday.

New IMF chief Kristalina Georgieva makes her 1st speech

International Monetary Fund's chief Kristalina Georgieva on Tuesday painted a grim picture of the world economy as she warned about 'synchronised slowdown'. She also said that nearly 90 per cent of the world will witness slower growth in 2019.

World suffering 'synchronised slowdown', says new IMF chief; effect 'more pronounced' in India

The former head of the International Monetary Fund, Christine Lagarde, warned Thursday that global growth is "fragile" and "under threat" and policymakers should work to reduce manmade vulnerabilities.

Global growth 'fragile,' 'under threat': Former IMF head Christine Lagarde

Pakistan`s trade deficit shrank by nearly 38 per cent in the first two months of the current fiscal year, driven largely by a decline in imports of non-essential luxury items.

Pakistan's trade deficit falls by 38% in July-August

International Monetary Fund (IMF) on Thursday said that India's economic growth is "much weaker" than expected due to corporate and environmental regulatory uncertainty and "lingering weakness" in some non-Bank financial companies.

India's economic growth is 'much weaker' than expected: International Monetary Fund

Argentine bond prices fell on Thursday (August 29) and country risk soared to levels not seen since 2005 after the government announced plans to extend maturities on about $100 billion in debt, raising fear of a full-blown financial crisis.

Argentine bond prices fall, country risk soars on debt 'reprofiling' plan

Pakistan's budget deficit widened to 8.9% of gross domestic product in the financial year that ended in June, according to data on Tuesday that underlines the severe economic crisis facing the country.

Pakistan's budget deficit widens to 8.9% of GDP in 2018/19

The Kuwait Investment Authority (KIA) began increasing its exposure to bonds and cash two years ago to boost liquidity in its portfolio as the global economy showed signs of weakness, Kuwaiti newspaper Alqabas reported on Sunday, citing sources.

Kuwait sovereign fund in portfolio shift on signs of global economic weakness: Report

Argentines have their first chance on Sunday to head to the ballot boxes in a high-stakes presidential race in which they must choose between staying the course of painful austerity measures or a return to interventionist economics.

Argentines head to polls for primary in first Macri, Fernandez showdown

Trade tariffs imposed by the United States against China will moderately slow the country's economic growth this year, the International Monetary Fund (IMF) said on Friday.

Trade war with the US to moderately slow down China's economic growth in 2019: International Monetary Fund

EU ministers on Friday chose the Bulgarian number two of the World Bank Kristalina Georgieva as the bloc's candidate to become IMF chief, in a fractious vote that failed to heal bitter divisions between member states.

Divided European Union taps Bulgaria's Kristalina Georgieva as International Monetary Fund candidate

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