Articles about International Monetary Fund

Former Sri Lankan Prime Minister Mahinda Rajapaksa and his family have reportedly sought refuge at a naval base in Trincomalee, in the country's northeast region.

Finance Minister Nirmala Sitharaman on Tuesday "assured all possible cooperation" to her Sri Lankan counterpart Ali Sabry on the sidelines of IMF-WB Spring Meetings in the US.

India is considering enhancing its financial assistance to crisis-hit Sri Lanka in the form of credits for essential commodities and balance-of-payment support.

Sri Lanka on Tuesday announced that it was defaulting on its $51 billion external debt in anticipation of a bailout from the International Monetary Fund.

Thousands of people descended on the streets of Sri Lankan capital Colombo near President Gotabaya Rajapaksa's house on Thursday night, demanding that he step down.

Sri Lanka is experiencing one of its most severe economic crises in decades, with rising inflation, weak government finances, and COVID-19 shattering the economy.

The International Monetary Pay (IMF) has asked Pakistan to clarify how it plans to fund a $1.5 billion subsidy package promised by Prime Minister Imran Khan.

The Taliban has banned all foreign currency in Afghanistan and ordered its citizens to only use Afghan currency for trade.

As the world gradually makes its way out of the coronavirus crisis, International Monetary Fund (IMF) Chief Economist Gita Gopinath has said that countries should work on their health system and be ready to provide timely assistance to impacted segments of the society.

Backing the new farm laws introduced by the Indian Government, the International Monetary Fund (IMF) said that these laws have the potential to "represent a significant step forward" for agricultural reforms.

With the economy stung drastically by the coronavirus pandemic, RBI Governor Shaktikanta Das addressed media for the second time in a month to announce key measures.

The novel coronavirus is highly contagious and is capable of wiping off cities, the new data about the death toll confirms, yet again.

The World Bank on Thursday approved a $1 billion emergency fund for India to deal with the coronavirus pandemic, which has killed over 70 in the country and infected 2,543.

With the global economy dwindling in the wake of coronavirus pandemic, professionals working on H-1B visas in the United States fear massive job cuts, hence, they have asked the administration to allow them to stay there for longer.

International Monetary Fund chief Kristalina Georgieva on Friday said the world has entered into a recession, courtesy the coronavirus pandemic and she anticipates that the current global situation to be worse than 2009.

Pakistan has got yet another extension from the global terror financing watchdog Financial Action Task Force (FATF).

Amid the ongoing economic crisis, a member of BJP has exclaimed that people can still afford jackets and pants, hence, there is no recession.

Finance Minister Nirmala Sitharaman presented her second Union Budget at a time when the Indian economy is struggling, raising concerns among world bodies like the International Monetary Fund (IMF).

The chief of the International Monetary Fund, Kristalina Georgieva, said on Friday that the economic slowdown in India is temporary.

At a time when India is witnessing a historic economic slump, the government should welcome investments, said chief economist of International Monetary Fund (IMF), Gita Gopinath, on Monday.

That India is going through one of its worst economic slowdowns is not news anymore. And keeping the same crisis in mind, the International Monetary Fund (IMF) has asked the Indian government to take action.

After speculations over its black-listing, Pakistan will now remain in the "grey list" of the global terror funding watchdog Financial Action Task Force (FATF), until a new deadline of February 2020.

Financial Action Task Force (FATF) will soon decide Pakistan's fate, and things aren't looking great for the country.

Union Minister Ravi Shankar Prasad on Sunday withdrew his controversial statements from the day before wherein he cited the box office performance of three films as proof that India's economy is stable.

Pakistan, already having a bad reputation for encouraging terrorism in its land, is facing a testing time.

The country's "well-learned" union ministers may want you to believe that there is no economic slowdown whatsoever, but data points otherwise.

The entire globe is facing an economic slowdown, but the effect is more pronounced in emerging economies like India, the chief of the International Monetary Fund (IMF) said on Tuesday.

On Wednesday, Prime Minister Narendra Modi delivered keynote address at Bloomberg Global Business Forum in New York.

In an explicable blooper, Pakistan International Airlines (PIA) operated 46 regular flights without any passengers on board, from the Islamabad airport during 2016-17, revealed the national carrier's audit report.

In a big setback for Pakistan, the Asia Pacific division of global terror watchdog Financial Action Task Force (FATF) has put the country on its blacklist over its failure to curb terror financing.

The Indian Institutes of Management (IIMs) are the most sought-after business schools in the country that provide quality management education.

The Indian Institutes of Technology (IITs) are the country's premier engineering institutes that are recognized as centers of academic excellence in science and technology.

After Indian cricket team thrashed Pakistan to register an important win in the ongoing World Cup tournament, social media was abuzz with reactions.

As Pakistan is facing a mounting economic crisis, the country's military has agreed to cut its budget for the next fiscal year.

Pakistan Prime Minister Imran Khan's recent statement promising an end of support to terror groups does not reflect a change of policy and is motivated by the fear of getting blacklisted by the global terror-financing watchdog FATF, the country's former envoy to the US, Husain Haqqani, has said.

Cash-strapped Pakistan will receive over $2 billion loan from its "all-weather" ally China by Monday to provide a boost to its ailing economy, the former's Finance Ministry has announced.

Pakistan has asked terror financing watchdog, FATF, to remove India as co-chair of its Asia-Pacific Joint Group, to ensure the review process is "fair and unbiased".

At a time when Pakistan is under immense global pressure on terrorism, the country's cash-strapped government has gifted Saudi Crown Prince Mohammad bin Salman a gold-plated assault rifle, a media report said.

US President Donald Trump has nominated David Malpass, a vocal critic of the World Bank, to head the international financial institution, sparking concerns that he may seek to reduce the role of the global lender.

Mission Impossible is one of the most successful Hollywood franchises.