[

international monetary fund

]

Latest from international monetary fund

'A logistical marvel': IMF hails India's direct cash transfer scheme

The IMF official pointed to the success of technological innovations in India and the use of the unique identification system, the Aadhaar, in making the cash transfer scheme a success.

Vitor Gaspar, second from left, director of the Fiscal Affairs Department at the IMF, Paolo Mauro, second from right, deputy director of the IMF's Fiscal Affairs Department.(AP)
Vitor Gaspar, second from left, director of the Fiscal Affairs Department at the IMF, Paolo Mauro, second from right, deputy director of the IMF's Fiscal Affairs Department.(AP)
Updated on Oct 13, 2022 07:20 AM IST

Pakistan needs to focus on economic and political stabilisation now

The article has been authored by Tara Kartha, strategic security expert and formerly at the National Security Council Secretariat.

As reports indicate that Pakistani army Chief General Bajwa called a senior US official for help in speeding up disbursal of some $1.2. billion from the International Monetary Fund (IMF), and the Pakistani rupee is in full retreat, it is painfully clear that Pakistan is in a full-blown economic crisis.(Reuters File)
As reports indicate that Pakistani army Chief General Bajwa called a senior US official for help in speeding up disbursal of some $1.2. billion from the International Monetary Fund (IMF), and the Pakistani rupee is in full retreat, it is painfully clear that Pakistan is in a full-blown economic crisis.(Reuters File)
Published on Aug 11, 2022 02:24 PM IST

Pakistan economy in crisis, minister shares status of IMF bailout tranche

Pakistan has also decided to borrow 5.5 trillion Pakistani rupees from international lenders in the current fiscal year to maintain its foreign exchange reserves, repay the previous loans and finance the current account deficit.

Pakistan Interior Minister Rana Sanaullah.(AFP)
Pakistan Interior Minister Rana Sanaullah.(AFP)
Published on Jul 11, 2022 01:19 PM IST

Was cash strapped Sri Lanka duped by China in Hambantota Port?

Chinese built Hambantota has become a millstone around Sri Lanka's neck as the seaport has landed Colombo in a dragon debt trap and is a commercially unviable with little hope of traffic revival in future.

Two car-shipping carriers berthed at Sri Lanka's Chinese-built Hambantota Port.(AFP)
Two car-shipping carriers berthed at Sri Lanka's Chinese-built Hambantota Port.(AFP)
Published on Jun 26, 2022 07:37 AM IST

Pakistan to keep energy subsidies unchanged against IMF advice

The IMF said on Monday that Pakistan had agreed to roll back unfunded subsidies to the oil and power sectors ahead of the resumption next month of a review of the $6 billion package signed in July 2019.

Pakistan's Prime Minister Shehbaz Sharif. (AFP)
Pakistan's Prime Minister Shehbaz Sharif. (AFP)
Published on Apr 30, 2022 10:51 PM IST
Story Saved
×
Saved Articles
Following
My Reads
My Offers
Sign out
New Delhi 0C
Wednesday, December 07, 2022
Start 15 Days Free Trial Subscribe Now
Register Free and get Exciting Deals