According to the IMF, the global inflation rate is projected to be 8.8 per cent this year and come down to 6.5 per cent next year…reports Asian Lite News The International Monetary
The IMF estimates that countries accounting for about one-third of the world economy will experience at least two consecutive quarters of contraction this or next year….reports Asian Lite News Managing Director of
She added the financial turmoil of recent days appeared to be confined to Britain rather than spreading to the global economy and that financial markets that had sold off sharply were “functioning
Chinese debt to Pakistan has been revised upwards by $4.6 billion to about $30 billion, the IMF report said, from $25.1 billion in February….reports Asian Lite News The International Monetary Fund (IMF)
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 per cent,
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 in the
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 Rs 153
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 has kicked
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 “a narrowing
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) has asked