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    The International Monetary Fund is an international organization headquartered in Washington, D.C., consisting of 189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

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    Volatile oil prices potential risk to CAD: RBI Governor
    Business

    Volatile oil prices potential risk to CAD: RBI Governor

    Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said global slowdown, trade and geopolitical tensions currently pose major downside risks for the Indian economy, while volatile crude prices also have the potential to increase the country's current account deficit.

    IMF to extend $6 bn bailout package to restore Pak's plunging economy
    International

    IMF to extend $6 bn bailout package to restore Pak's plunging economy

    The International Monetary Fund (IMF) on Wednesday announced that it would extend a bailout package worth USD six billion to help Pakistan restore an inclusive and sustainable growth of its plunging economy.

    Sanyal pitches for more rate cuts from RBI to boost growth
    Business

    Sanyal pitches for more rate cuts from RBI to boost growth

    Principal Economic Adviser Sanjeev Sanyal on Tuesday indirectly pitched for further rate cuts from RBI to support the growth where he said there is far more space on the monetary side than the fiscal front for lifting economic growth.

    Pak may seek US intervention for FATF, IMF relief
    International

    Pak may seek US intervention for FATF, IMF relief

    Pakistan may seek US intervention for relief from the Financial Action Task Force (FATF) and International Monetary Funds (IMF) tough conditions, as both would be reviewing its position in light of the conditions set out by them, said a Cabinet member.

    US-China trade war starting to weigh on global economy: IMF
    Business

    US-China trade war starting to weigh on global economy: IMF

    The International Monetary Fund said that the trade war between the United States and China is already triggering a global economic slowdown.

    India's economic growth is 'much weaker' than expected: IMF
    International

    India's economic growth is 'much weaker' than expected: IMF

    International Monetary Fund (IMF) on Thursday said that India's economic growth is "much weaker" than expected due to corporate and environmental regulatory uncertainty and "lingering weakness" in some non-Bank financial compes.

    More loans may lead to slowdown of Pakistan's crumbling economy
    International

    More loans may lead to slowdown of Pakistan's crumbling economy

    In a bid to secure its plunging economy, Pakistan has been desperately trying to garner more investments and bailout packages from various entities. The huge debt pile-up, however, would gradually force a slowdown in new projects that may push the country into a deeper economic crisis.

    IMF to send SOS mission to Pakistan
    International

    IMF to send SOS mission to Pakistan

    In the wake of worsening fiscal front of the economy, the International Monetary Fund (IMF) has decided to send an 'SOS' mission to Pakistan this month for suggesting ways and means to curtail the budget deficit, it was reported on Friday.

    Pak more unsafe, unstable, internationally weak now: PPP
    International

    Pak more unsafe, unstable, internationally weak now: PPP

    The opposition Pakistan Peoples Party (PPP) has issued a "white paper" on the one year performance of the Pakistan Tehreek-i-Insaf (PTI) government, alleging that "Pakistan is more unsafe, unstable, more economically vulnerable and internationally weak" since last years general elections.

    Imran orders authorities to expedite CPEC work
    International

    Imran orders authorities to expedite CPEC work

    Pakistan Prime Minister Imran Khan has directed authorities to expedite work on half a dozen projects of the China-Pakistan Economic Corridor (CPEC) that have been facing significant delays.

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