Without investing in education, health, and jobs, the 2047 dream will remain a slogan “A superpower is not built on abstract (and massaged) GDP numbers alone. It needs a foundation that guarantees high-quality education, health, […]
New Delhi occupies a unique place as an oasis of political and economic stability The G7 meeting has brought out just how fragile the world order is these days. India occupies a unique position here […]
ISLAMABAD (TIP): The International Monetary Fund on July 12 approved a much-awaited $3 billion bailout for Pakistan, the global lender said, a move that’s likely to save the nation from defaulting on its debt repayments. […]
ISLAMABAD (TIP): Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth $3 billion announced by the IMF in Washington late June 29. The economy has been stricken by […]
The International Monetary Fund (IMF) raised Asia’s economic forecast on Tuesday as China’s recovery underpinned growth, but warned of risks from persistent inflation and global market volatility driven by Western banking sector woes. The reopening […]
The International Monetary Fund (IMF) has slashed its economic growth forecast for India by 20 basis points (bps) to 5.9 per cent for 2023-24 (FY24), citing lesser scope for pent-up demand due to historical revisions […]
COLOMBO (TIP): Sri Lanka’s crisis-hit economy shrank a record 7.8 percent last year as long blackouts and critical fuel shortages put a chokehold on local commerce, official data showed March 16. An unprecedented economic crisis […]
COLOMBO (TIP): Sri Lanka voiced hope on March 8 that a long-awaited IMF bailout would be finalised soon and help unfreeze billions of dollars in foreign aid for projects suspended since last year. Government spokesman […]
Group of 20 (G20) nations have some disagreements over restructuring debt for distressed economies, the chief of the International Monetary Fund (IMF) said on Saturday, adding that banning private cryptocurrencies should be an option. India’s […]
ISLAMABAD (TIP): People in Pakistan woke up on February 16 to the shock of a historic price hike in the prices of petrol and gas as the government tried to appease the IMF for unlocking […]
India prepares to host G20, SCO summits amidst regional rivalries “The G20 Summit will be bringing together leaders of countries which constitute two-thirds of the world’s population, while providing 90% of global GDP and 80% […]
The Sun exploded with a partial halo Coronal Mass Ejection (CME) on January 14 and it hit Earth on January 17, causing an abrupt shift in the Interplanetary Magnetic Field (IMF) near Earth. While it […]
WASHINGTON, D.C. (TIP): At a time when the world is faced with continued economic slowdown and social distress, the international community counts a lot on India’s leadership of G-20, the Managing Director of the International […]
The IMF “fully supports” the G20 agenda of India, which is planning to use the ongoing global crises as an opportunity to seek consensus on issues that require urgent attention, a senior official from the […]
The International Monetary Fund (IMF) has downgraded its economic outlook for Asia as global monetary tightening, rising inflation blamed on the war in Ukraine, and China’s sharp slowdown dampen the region’s recovery prospects. While inflation […]
Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the International Monetary Fund’s managing director Kristalina Georgieva said. […]
DAVOS (TIP): Advanced economies will be back on track by 2024 but developing economies will be 5% below where they would have been otherwise, IMF’s Gita Gopinath said on Wednesday, May 25. Economies worldwide have […]
Washington (TIP)- The International Monetary Fund on April 19 projected a “fairly robust” growth of 8.2 per cent for India in 2022, making it the fastest-growing major economy in the world, almost twice faster than […]
Islamabad (TIP): The International Monetary Fund has approved the completion of the sixth review of its stalled USD 6 billion programme for Pakistan, paving the way for an immediate disbursement of about USD 1 billion […]
Washington (TIP): The International Monetary Fund (IMF) has maintained its 6% global growth forecast for 2021, upgrading its outlook for the US and other wealthy economies but cutting estimates for a number of developing countries […]
Washington (TIP): India is on the right track and is innovating on the policy side, including on digital identity and payments, but it also needs to capture all the segments of the financial market and […]
India’s economy is on the path of gradual recovery, the International Monetary Fund has said ahead of its next month’s spring meeting with the World Bank. “India’s economy is on the path of gradual recovery, […]
Washington (TIP): IMF chief Kristalina Georgieva has praised India for taking “very decisive” steps to deal with the coronavirus pandemic and its economic consequences and asked the country to do more this year to support […]
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