Tag Archives: IMF

[ad_1] ISLAMABAD: Pakistan prime minister Imran Khan on Friday launched the public version of the country’s first-ever National Security Policy (NSP) 2022-2026, vowing that the nation would now be headed in the right direction. As the original document signed earlier by the PM will remain classified, its public version has …

[ad_1] ISLAMABAD: Pakistan prime minister Imran Khan has reiterated that his government’s relationship with the country’s powerful military was “exceptional” and the opposition’s narrative regarding a rift between the two was “dead and buried”, a media report said on Tuesday. In an apparent response to his detractors, Khan told a …

[ad_1] ISLAMABAD: Pakistan’s cabinet on Thursday approved a supplementary budget that plans to end exemptions on sales tax and levy new duties as part of fiscal tightening measures aimed at winning funding from the International Monetary Fund. The IMF approval is also a pivotal endorsement for Pakistan’s economy, which is …

[ad_1] ISLAMABAD: Pakistan’s worsened economic situation has dried up all options for the country to address its monetary woes except to yield to the existing International Monetary Fund programme to avoid a full-fledged financial disaster. According to senior government officials, top authorities in the finance ministry have decided to consult …

[ad_1] WASHINGTON: The new Omicron variant of Covid-19 could slow the global economic recovery, just as the Delta strain did, IMF chief Kristalina Georgieva said Friday. “A new variant that may spread very rapidly can dent confidence and in that sense, we are likely to see some downgrades of our …

[ad_1] KABUL: The Afghan economy, that is already going from bad to worse since the Taliban’s takeover of Kabul, could shrink by 30 per cent or more in the coming months warned International Monetary Fund (IMF). As per a report published in Asia Times, since the Taliban has overthrown the …

[ad_1] ISLAMABAD: The International Monetary Fund (IMF) has rejected Pakistan’s request to keep a door open for borrowing from the central bank amid the ongoing financial woes in the country. The international financial institution based in Washington also did not agree on any meaningful accountability of the State Bank of …

The International Monetary Fund expects global economic growth in 2021 to fall slightly below its July forecast of 6%, IMF chief Kristalina Georgieva said on Tuesday, citing risks associated with debt, inflation and divergent economic trends in the wake of the COVID-19 pandemic. Georgieva said the global economy was bouncing …