Explained: Understanding Pakistan’s IMF bailout
The International Monetary Fund(IMF) and Pakistan have agreed on terms for a $6bn bailout package to be disbursed to Pakistan over a span of more than three years. Earlier,Pakistan had …
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Exports growth slides to four-month low in April
According to data released by the commerce and Industry ministry, India’s trade deficit has widened to a five month high in April 2019 due to higher crude oil imports. India’s …
Read MoreIndia warns IMF against fresh bailout for Pakistan
Indian Government has cautioned the International Monetary Fund against the fresh bailout for Pakistan. Pakistan has been seeking US $8 billion from the IMF to bail itself out from a …
Read MoreHigh stock of non-performing assets in India, more progress needed: IMF
According to the International Monetary Fund(IMF),the level of non-performing loans in India remains high.IMF has favoured strengthening the level of capitalisation of some banks,particularly government-owned banks. Further,the IMF has said …
Read MoreIMF forecasts dip in global growth in 2019
The International Monetary Fund (IMF) in its World Economic Outlook(WEO) report has said that India is projected to grow at 7.3% in 2019 and 7.5% in 2020.The growth will be …
Read MoreU.S.-China trade war poses the biggest risk to global stability, says IMF official
The International Monetary Fund(IMF) official has said that trade war between the United States and China poses the greatest risk to global stability.The ongoing trade war has affected the flow …
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