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    IMF slashes India’s 2022 growth forecast to 7.4%

    by Newsdesk-Top NewsBusinessJuly 27, 2022July 27, 2022

    The downward revision of India’s growth forecast by the IMF came days after the ADB pared down its growth projection for India to 7.2 per cent for FY23, from 7.5…

    Lanka a lesson for other Asian nations: IMF

    by Newsdesk-Top NewsAsia NewsSri LankaJuly 18, 2022July 18, 2022

    China has been a dominant lender to several of these developing nations and therefore could control their destinies in crucial ways, said IMF chief…reports Asian Lite News Sri Lanka is…

    Pakistan reaches staff level deal with IMF

    by Newsdesk-Top NewsAsia NewsJuly 14, 2022July 14, 2022

    The IMF’s agreement has come with a strict set of demands and targets set for Pakistan to achieve during the next fiscal year, in which, primary budget surplus targets of…

    Uncertainty looms over Pakistan as IMF talks drag

    by Newsdesk-Top NewsPakistanJuly 5, 2022July 5, 2022

    Not only is inflation increasing but the huge quantum of the hike within a month has caused worries for the policymakers…reports Asian Lite News The new financial year in Pakistan…

    US will narrowly avoid recession: IMF chief

    by Newsdesk-Top NewsEconomyUSAJune 25, 2022June 25, 2022

    IMF chief Kristalina Georgieva highlighted “significant downside risks” this year and especially in 2023, reports Asian Lite News International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that there is…

    IMF asks Pakistan to renegotiate CPEC deals

    by Newsdesk-Top NewsAsia NewsJune 9, 2022June 9, 2022

    The IMF’s demand came after China’s refusal in the past to renegotiate the terms of agreements with the independent power producers (IPPs)….reports Asian Lite News The International Monetary Fund (IMF)…

    Sharp surge in Pakistan’s sovereign bond yields

    by Newsdesk-Top NewsAsia NewsMay 23, 2022May 23, 2022

    The government is negotiating with the IMF to resume a $6 billion stalled loan programme as foreign exchange reserves continue bleeding, intensifying balance of payments woes….reports Asian Lite News Amid…

    IMF tightens grip over debt-ridden Lanka

    by Newsdesk-Top NewsAsia NewsApril 26, 2022April 26, 2022

    The island nation has been gripped by an economic crisis, considered the worst since the country gained independence in 1948….reports Asian Lite News International Monetary Fund (IMF) official on Tuesday…

    IMF lauds steps taken by Lanka to stabilise economy

    by Newsdesk-Top NewsAsia NewsApril 20, 2022April 20, 2022

    The IMF has assured its fullest support, and a positive response has also been received to expedite the process to strengthen the support extended to Sri Lanka…reports Asian Lite News…

    IMF sees UK growth slowing to weakest in G7 next year

    by Newsdesk-Top NewsEconomyApril 20, 2022April 20, 2022

    The projected growth for Britain next year is lower than for any other major advanced economy and below the 1.8% forecast last month from Britain’s Office for Budget Responsibility…reports Asian…

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