imf - Asian News from UK

IMF upgrades 2024 global growth forecast to 3.1%

Among the Group of Seven (G7) advanced economies, growth in European countries looks set to remain weak, reflecting ongoing challenges, while Japan and Canada are expected to fare slightly better…reports Asian Lite

January 31, 2024

-Top News·Economy

IMF Quickens $700 Million Aid to Pakistan

The IMF said that following the Board’s decision, the total disbursements under the arrangement will get to around $1.9 billion…reports Asian Lite News The International Monetary Fund (IMF) announced that its Executive

January 12, 2024

-Top News·Asia News·Economy

IMF lauds India

The current account deficit is anticipated to improve to 1.8 per cent of GDP in FY2023/24, supported by resilient services exports and lower oil import costs…reports Asian Lite News The Executive Board

December 19, 2023

-Top News·Economy·India News

IMF Revises Pakistan’s Loan Requirement to $25B

Sources in Pakistan’s Finance ministry, the IMF had also lowered its inflation projection for the country to 22.8 per cent for this fiscal year, reducing it from 25.9 per cent…reports Asian Lite

November 20, 2023

-Top News·Asia News·POLITICS

IMF, Lanka Edge Closer with Staff-Level Agreement

The island nation will have access to about $330 million in financing once the review is approved…reports Asian Lite News An official confirmed on Friday that Sri Lanka has achieved a staff-level

October 20, 2023

-Top News·Asia News·Sri Lanka

IMF Applauds UAE’s Economic Resilience and Reforms

Following the conclusion of the meetings, the IMF praised the open dialogue with the authorities and stakeholders and issued a statement on their findings…reports Asian Lite News Khaled Mohamed Balama, Governor of

October 13, 2023

-Top News·UAE News

Israel-Hamas War Affects Economy, Says IMF Chief

Chief said the International Monetary Fund was “very closely monitoring how the situation evolves”…reports Asian Lite News International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the Israel-Hamas conflict has darkened

October 12, 2023

-Top News·Economy·World News

IMF slashes forecast for Italy’s economic growth in 2023

The weaker economic growth model for Italy comes amid the release of mixed economic indicators…reports Asian Lite News The International Monetary Fund (IMF) said on Tuesday that it expects Italy’s gross domestic

October 11, 2023

-Top News·Europe

IMF defends gloomy UK forecast after govt criticism

Forecasts are never perfect given the many factors that affect economic growth – from geopolitics to the weather. But such reports can point in the right direction, especially where they align with

October 11, 2023

-Top News·Economy·UK News

IMF Optimistic on India, Cautious on China

The Fund had raised its growth forecast for India for this year by 20 basis points to 6.1 per cent in July and has increased it for the second time…reports Asian Lite

October 11, 2023

-Top News·Asia News·China

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