Tag: international monetary fund

Oil industry in Pakistan on verge of ‘collapse' amid liquidity crisis
Posted in Pakistan News

Oil industry in Pakistan on verge of ‘collapse’ amid liquidity crisis

ISLAMABAD: Oil companies in cash-strapped Pakistan have warned that the industry is on the “brink of collapse” as the dollar liquidity crisis persists and their…

Continue Reading
Pakistan 'will have to agree' to IMF conditions for bailout: Shehbaz Sharif
Posted in Pakistan News

Pakistan ‘will have to agree’ to IMF conditions for bailout: Shehbaz Sharif

ISLAMABAD: Pakistan’s prime minister Shehbaz Sharif said on Friday that the International Monetary Fund (IMF)’s demands are “beyond imagination” but admitted that the government had…

Continue Reading
India Inflation: Inflation in India expected to come down to 5 pc in 2023 and 4 pc in 2024: IMF
Posted in Economy

India Inflation: Inflation in India expected to come down to 5 pc in 2023 and 4 pc in 2024: IMF

Inflation in India is expected to come down from 6.8 percent in the current fiscal year ending March 31 to 5 percent the next fiscal,…

Continue Reading
Indian economy: Expecting slowdown in Indian economy to 6.1% in 2023 from 6.8% in 2022, says IMF
Posted in Economy

Indian economy: Expecting slowdown in Indian economy to 6.1% in 2023 from 6.8% in 2022, says IMF

The International Monetary Fund (IMF) has retained India’s FY23 growth forecast at 6.8%, terming the country a bright spot and major engine of growth amid…

Continue Reading
Amitabh Kant: India seeking to restructure multilateral fin institutions like IMF, WB in its G-20 presidency: Amitabh Kant
Posted in Economy

Amitabh Kant: India seeking to restructure multilateral fin institutions like IMF, WB in its G-20 presidency: Amitabh Kant

India will be seeking to restructure multilateral financial institutions like the International Monetary Fund and World Bank which are out of sync with present-day challenges,…

Continue Reading
Posted in Middle East News

Cyprus protests portrayal as safe haven for Russian money

NICOSIA: Cyprus has frozen about 1.5 billion euros ($1.6 billion) in Russian-linked deposits and assets in accordance with European Union sanctions over the war in…

Continue Reading