Tag: IMF

ISLAMABAD Pakistan’s Prime Minister Shehbaz Sharif on Tuesday said the release of the last installment of the International Monetary Fund (IMF) loan will bring "more economic stability" to the South Asian nation.Welcoming the release of the remaining $1.1 billion, Sharif said the last tranche of the loan is expected to ...

Source link www.rferl.org TBILISI -- Georgia's parliament is set to vote on April 30 on the second reading of a so-called "foreign agents" bill -- regarded by many as mirroring one used by the Kremlin to silence its critics -- amid growing protests and Western warnings that the law ...

RIYADH: Saudi energy giant ACWA Power is signing a new agreement to accelerate the development of renewable projects in Azerbaijan.  The private water desalination company, known for its extensive green hydrogen storage capacity, announced it has now finalized an agreement with SOCAR, the State Oil Company of the Azerbaijan Republic. ...

WASHINGTON: The International Monetary Fund is ready to support cash-strapped Pakistan in key reform to help the country improve and stabilise its economic situation. Currently, Pakistan has expressed interest in a new programme in order to help the country address some of the key challenges, Jihad Azour, Director of ...

Breadcrumb Trail LinksPMN BusinessPakistan’s new government does not anticipate any significant currency devaluation as part of its negotiations with the International Monetary Fund to unlock billions of dollars in lending and bolster the nation’s economic reform agenda.Author of the article:Bloomberg NewsEric Martin, Faseeh Mangi and Ranjeetha PakiamPublished Apr 17, ...

WASHINGTON: India is “one of the strong performers”, the International Monetary Fund, which in a report projected a 6.5 per cent growth rate for the country for the year 2024, said on Tuesday. With this, India continues to be the fastest growing economies of the world and ahead of ...

War of Words! Krishnamurthy Subramanian, the Executive Director at the International Monetary Fund has said that the IMF’s GDP growth forecasts for India have been consistently ‘INACCURATE’. In contrast, he claimed that his predictions of India’s GDP growth have been accurate. The issue stems from IMF spokesperson Julie Kozack ...

Pakistan has long been in a state of grave economic turmoil. Political instability, corruption, mismanagement, the COVID-19 pandemic, a global energy crisis, and climate change-induced natural disasters have all taken a heavy toll on the economy. Prime Minister Shehbaz Sharif's newly-formed government is currently seeking another bailout from the International Monetary ...

The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund said Thursday.The country's inflation has come down from a peak of 70% in 2022 to 5.9% last month and its economy expanded in the second ...

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emails Pakistan and the International Monetary Fund reached a preliminary agreement for the release of $1.1 billion from a $3 billion bailout following dayslong ...