Tag: Kristalina Georgieva

Pak gets IMF cash injection $1.2 billion released as part of $3 billion deal
Posted in Pakistan News

Pak gets IMF cash injection $1.2 billion released as part of $3 billion deal

ISLAMABAD: The International Monetary Fund (IMF) has handed out Pakistan $1.2 billion to help the cash-starved nation avoid debt defaults, finance minister Ishaq Dar said…

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Imf: Pakistan hopes for IMF loan nod ‘in days’
Posted in Pakistan News

Imf: Pakistan hopes for IMF loan nod ‘in days’

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif communicated Tuesday with IMF managing director Kristalina Georgieva for the fourth time within a week, urging the multilateral lender’s…

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Pakistan's PM meets with the head of IMF in Paris, hoping to unlock $6 billion deal to avoid default
Posted in Pakistan News

Pakistan’s PM meets with the head of IMF in Paris, hoping to unlock $6 billion deal to avoid default

ISLAMABAD: Pakistan’s premier Shahbaz Sharif met Thursday with the head of the International Monetary Fund on the sidelines of a global financing meeting in Paris,…

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Posted in Pakistan News

No intention of freezing foreign currency accounts: Pak state minister for Finance and Revenue

ISLAMABAD: The Pakistan government has no intention of freezing foreign currency accounts, the cash-strapped country’s state minister for Finance and Revenue said on Monday amidst…

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Need to address growing debt distress across the globe, says FM Sitharaman
Posted in Economy

Need to address growing debt distress across the globe, says FM Sitharaman

Washington: Finance Minister Nirmala Sitharaman said on Wednesday that there is a need to augment present global efforts, including those of the G-20 to address…

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Kristalina Georgieva, managing director of the International Monetary Fund (IMF).(Bloomberg)
Posted in Business

IMF chief expects less than 3% global economic growth in 2023

The International Monetary Fund chief said Thursday the world economy is expected to grow less than 3% this year, down from 3.4% last year, increasing…

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International Monetary Fund (IMF) Managing Director Kristalina Georgieva was speaking at the China Development Forum 2023, in Beijing.(Reuters)
Posted in Business

Global growth slowing to below 3% due to Ukraine war: IMF chief

International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need for vigilance” following the recent…

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Yellen: US sending Ukraine another $1 billion, Janet Yellen says in Kyiv
Posted in US News

Yellen: US sending Ukraine another $1 billion, Janet Yellen says in Kyiv

KYIV: The United States is transferring an additional $1 billion to Ukraine as it fights to resist Russia’s invasion, US Treasury Secretary Janet Yellen said…

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Yellen: US sending Ukraine another $1 billion, Janet Yellen says in Kyiv
Posted in Europe News

Yellen: US sending Ukraine another $1 billion, Janet Yellen says in Kyiv

KYIV: The United States is transferring an additional $1 billion to Ukraine as it fights to resist Russia’s invasion, US Treasury Secretary Janet Yellen said…

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kristalina georgieva: Focus on capital spending, reforms and tax tweaks helped India become a bright spot: Kristalina Georgieva
Posted in Economy

kristalina georgieva: Focus on capital spending, reforms and tax tweaks helped India become a bright spot: Kristalina Georgieva

India’s focus on macroeconomic balance and reforms, especially on tax harmonisation, has helped it become a bright spot, International Monetary Fund (IMF) managing director Kristalina…

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