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IMF DEBT ESTIMATE
In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...- Pakistan's Gen Z taking to investing in stocks in big way, claim stock managersPakistan's Gen Z is driving new accounts on the stock exchange, making up 41% of openings in FY25-26. Despite this surge, overall investmen...
- RBI warns West Asia war may hurt India growth outlookThe central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail ...
- Pakistan keen for early approval for next IMF tranche: AurangzebPakistan is eager for the International Monetary Fund's next loan installment. A Fund team will visit next month for crucial review talks. ...
- Global debt to hit post-World War II levels by 2029, IMF says; warns of rising fiscal strain amid West Asia warGlobal public debt is set to surpass 100% of GDP by 2029. This level has not been seen since after World War II. Repeated economic shocks a...
- Economic shock of Middle East war to cast shadow over IMF, World Bank meetingsGlobal finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are do...
- IMF to cut global growth forecast due to Mideast warWest Asia War: The International Monetary Fund will reduce global growth predictions because of the Middle East war. IMF chief Kristalina G...
- IMF approves $8.1 billion loan for Ukraine, with $1.5 billion to go immediatelyThe IMF approved an $8.1 billion loan for Ukraine, anchoring a $136.5 billion international support package to maintain economic stability ...
- IMF calls for US fiscal consolidation to bring down 'too big' current account deficitThe International Monetary Fund urged the United States to reduce its growing fiscal deficit, stating it's the most effective method to low...
- China may raise $850 billion in new debt over three years to spur growth, says reportChina considers an additional 6 trillion yuan in special treasury bonds to stimulate its economy, but the market remains unimpressed. The f...
- How bad is Pakistan's debt crisis and can the IMF save it?Negotiations for a new government in Pakistan have calmed fears of instability following inconclusive elections, but the risk of an economi...
- IMF telling countries not to be poor is bad climate adviceInternational Monetary Fund (IMF) says that costly carbon, along with other regulatory goads and incentives, may attract private financing ...
- Sri Lanka thanks India for backing its $2.9 billion bailout package; issuing guarantees to IMFIn a statement on Wednesday, the Governor of the Central Bank of Sri Lanka Nandalal Weerasinghe thanked India for issuing the necessary gua...
- 'The ball is in Sri Lanka's court', says China on debt restructuring requestQuoting a Chinese embassy spokesman, Daily Mirror news website reported that Beijing had communicated to the Sri Lankan Finance Ministry th...
- Cash-strapped Pakistan says China agreed to rollover $4.2 billion debtPakistan had made repeated requests to Beijing to rollover the debt and the latest request was made last week to the top Chinese leadership...
- With high inflation, unemployment, Pakistan plans to take $16 bn foreign loansHaving high unemployment, poverty and inflation, the Pakistan economy is under stress and the government plans to take nearly $16 billion g...
- Continue plans to reduce public debt, deficit: IMF"Countries with higher public debt levels, like India, should continue to implement their medium-term plans to reduce debt and deficits."
- China's non-financial debt over $22.7 trillion: OfficialChina's debt calculation is open and transparent and the risks remain controllable, he was quoted as saying by state-run Xinhua news agency.
- China must take immediate steps to check corporate debt: IMFChina has accumulated debt faster than any Group of 20 nation over the past decade, climbing to 247% of gross domestic product.
- International Monetary Fund asks Lanka to reduce budget deficit, improve fundsThe IMF has asked Lanka to urgently bolster its economic funds, narrow the fiscal deficit and put the country's public finances on a sustai...
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