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IMF MEETINGS 2023
On This Day in History, June 13: Alexander dies, Miranda ruling, Korea summit, FIFA 2026 awarded to US-Canada-Mexico, Trump charged and more eventsOn This Day in History, June 13 witnessed the death of Alexander the Great, the signing of the enduring Anglo-Portuguese alliance, the land...- Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisisSri Lanka's central bank enacted a significant 100 basis point policy rate hike, its largest in four years, to combat rising inflation and ...
- Global Market: Japan says recent yen moves driven by speculative tradeJapan's Finance Minister Satsuki Katayama attributed recent yen movements largely to speculative trading, following news of the Strait of H...
- Rajasthan highway modernisation project gets $225 million World Bank boost, to benefit 3 million peopleThe World Bank has approved a USD 225 million loan for Rajasthan's highway modernization. This project will benefit over 3 million people b...
- 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...
- Can Pakistan fight India on borrowed money?India-Pakistan tensions: Following the Pahalgam attack, India is employing economic pressure tactics against Pakistan, including potential ...
- IMF chief says Sri Lanka stabilised, pledges more helpIMF chief Kristalina Georgieva praised Sri Lanka's economic recovery and pledged support during an online meeting with President Anura Kuma...
- Sri Lanka's new government says "committed" to IMF's bailout package, hopes of renegotiating conditionsThe new Sri Lankan government, led by President Anura Kumara Dissanayake, is committed to the IMF's USD 2.9 billion bailout package. They p...
- UK recovering faster than expected after slipping into technical recession: IMFThe UK economy is approaching a soft landing, with a recovery in growth expected in 2024, strengthening in 2025, IMF said. Soft landing in ...
- Pakistan likely to get $700 million from IMF as next tranche of bailout this month: ReportPakistan is expected to receive USD 700 million as the next tranche of the bailout from the IMF when the Executive Board of the lender meet...
- 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...
- IMF says global economy 'limping along,' cuts growth forecast for China, euro areaThe International Monetary Fund (IMF) has lowered its growth forecasts for China and the euro area, citing low and uneven global growth. De...
- IMF asks Pakistan to revise budget as deadline looms: ReportPakistan and the IMF are making efforts to evolve a broader agreement on the budgetary framework which, if struck, could pave the way for a...
- Pakistan's new budget fail to meet expectations to boost economyThe total expenditure stipulated by the FY 2023-24 budget is PKR 14.46 trillion (USD 50.45 billion), out of which PKR 1.8 trillion has been...
- IMF cuts India's FY24 GDP forecast to 5.9%“Over the medium term, the prospects for growth now seem dimmer than in decades,” the IMF said in its flagship World Economic Outlook, lowe...
- FM Nirmala Sitharaman leaves for US; to host G20 meeting and attend IMF, World Bank meetingsDuring her week-long trip, she will be hosting the second G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India's G2...
- Finance minister stresses on timely completion of IMF quota reviewGeorgieva agreed with Sitharaman that for the IMF to remain relevant, it is important that a consensus on GRQ be reached to reflect changed...
- IMF revives Pakistan's EFF programme, approves $1.17bn bailout fundThe international lender approved the 7th and 8th tranche of USD 1.17 billion for Pakistan at an executive meeting in Washington on Monday....
- IMF reaches staff-level agreement to release $1.17 bln in funds for PakistanIn a statement, the IMF said its staff had reached agreement on policies under a review of its Extended Fund Facility (EFF) program that co...
- Finance Minister Sitharaman stresses on timely completion of IMF quota reviewAs per an IMF resolution, the 16th General Review of Quotas should be concluded by December 15, 2023. Any adjustment in quota shares would ...
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