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IMF's Georgieva, Venezuelan acting president discuss use of SDRs for earthquake needsThe International Monetary Fund discussed Venezuela's reserve tranche with acting President Delcy Rodriguez. This fund can address urgent h...
Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
India's real GDP to hit 7.2% in Q4FY26 amid resilient domestic demand: ReportIndia's economy shows strong momentum. Real GDP growth is projected at 7.2 per cent for Q4 FY26. Full-year growth for FY26 is expected at 7...
IMF’s Georgieva sees no risk of sharp downturn in India, flags financial sector as key watchpointIndia's economy shines brightly amidst global uncertainty. Growth is projected to be more than double the world's average. This strong perf...
For a few billion dollars, Pakistan has landed in dire straitsPakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...
India's financial system resilient, diverse: IMF reportIMF's latest report highlights the resilience and diversity of India's financial system, driven by rapid economic growth and effective cris...
When IMF's Lagarde gave thumbs up to RBI’s FX intervention"A few directors explicitly supported the authorities’ view that exchange rate stability reflects improvements in India’s external position...
G20 Sherpa Meet: Call for new green transition fund, emission taxAvinash Persaud, special envoy on climate finance to Prime Minister Mia Mottley of Barbados, made a detailed presentation to G20 sherpas on...
UAE central bank extends stimulus scheme to stem COVID-19 impactThe UAE economy is expected to shrink by 6.6% this year, the International Monetary Fund (IMF) has estimated, as vital sectors such as tran...
IMF chief economist urges more fiscal stimulus to boost recovery"It has led to the inescapable conclusion that the world is in a global liquidity trap, where monetary policy has limited effect. We must a...
IMF calls for smooth transition after Brexit"We strongly support commitments of the Bank of England and the ECB to supply liquidity to the banking system," IMF Christine Lagarde said.
Raghuram Rajan lobbies for quick IMF assistance to countries in financial stressRajan suggested that IMF should continue to try to persuade countries to fill gaps in the global safety net where they are and when they oc...
India's financial stress made corporates, banks more vulnerable: IMFThe recent financial stress in India has contributed to greater vulnerability of corporate and bank balance sheets and a further downward r...
- India to get $4.5 bn from IMF to battle slowdown
India would receive about USD 4.5 billion from the International Monetary Fund's Special Drawing Rights (SDR) to battle economic slowdown.
- IMF welcomes G20 action plan; calls for more stimulus
International Monetary Fund welcomed the outcome of Group 20 summit, calling it a step toward resolving the world's financial crisis.
- IMF approves $15.7 bn loan to Hungary
The International Monetary Fund has approved a 15.7 billion-dollar loan for Hungary to shore up the country's economy ravaged by financial ...
- IMF chief backs emergency loan for Seychelles
International Monetary Fund chief Dominique Strauss-Kahn said Friday he supported a loan request to the IMF from Seychelles as the tiny Ind...
- IMF creates emergency loan tool to battle credit crisis
The International Monetary Fund created Wednesday a new emergency lending tool to help economically "sound" countries squeezed by a cash cr...
- IMF looking at five-fold hike in loan quota
IMF is considering loans of up to five times the quota contributions of member nations, in an unprecedented effort to avert an economic col...