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IMF DEBT REDUCTION
IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
Global Market: Lagarde says France must tackle debt woes through fiscal consolidationECB President Christine Lagarde stated on Wednesday that France must tackle its ballooning debt and deficit through domestic fiscal consoli...
IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investmentMoody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving t...
World Bank names Nobel laureate Michael Kremer as next chief economistMichael Kremer, the distinguished Nobel laureate, is set to assume the role of chief economist at the World Bank. With a robust background ...
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
India's debt to GDP ratio by 2030-31 will be much lower than IMF's projection: RBI paperThe Indian government should focus on development, as per a research paper by RBI. The paper shows that the general government debt-GDP rat...
Pakistan set to meet some key targets set by IMF: Central bank chiefThe State Bank of Pakistan (SBP) has met its forward book target of $4.2 billion agreed with the IMF by the end of September. The bank is a...
Nirmala Sitharaman stresses on need for IMF to remain well capitalisedIndian Finance Minister Nirmala Sitharaman participated in a roundtable discussion on IMF policy priorities, emphasizing the importance of ...
IMF warns inflation may stay high, sees need for monetary tighteningThe IMF has warned that inflation could persist at higher levels, requiring further monetary tightening as it called for strengthening glob...
IMF calls for strengthening global financial architectureThe International Monetary Fund (IMF) on Saturday sought urgent action from the global community to strengthen the international financial ...
China silent on debt reduction targets for Sri Lanka to get IMF bailout loanChina's EXIM Bank has issued a letter granting Sri Lanka a two-year moratorium on repayment and agreeing with the IMF's Extended Fund Facil...
Sri Lanka likely to miss IMF deadline: ReportThe Sri Lankan newspaper said if the country missed the December IMF deadline, it would have to wait for March 2023 to secure a USD 2.9 bil...
IMF asks Sri Lanka to restructure debt before bailoutIMF said discussions with Sri Lanka on a potential IMF loan program are at an early stage and any deal would require "adequate assurances" ...
G20 finalizing work on common framework for debt reductionsAgreed in principle by G20 officials last month and endorsed by the Paris Club of official creditors, the framework will essentially extend...
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...
Germany says no rift with IMF on austerity planGermany's FM sought to quell speculation of a rift with the IMF over austerity cuts for debt-riddled eurozone members.
- IMF asks Japan to push ahead with sales tax hike
The IMF asked Japan to push ahead with a controversial consumption tax increase Wednesday, as part "early and credible" fiscal reforms to c...