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Page 11 - Imf

Pakistan to resume talks with IMF next week to revive $6 bn loan package

Cash-strapped Pakistan is set to resume talks with the International Monetary Fund next week for the revival of a $6 billion loan package, according to a media report on Sunday

Pakistan to resume talks with IMF next week to revive $6 bn loan package
Updated On : 03 Oct 2021 | 12:03 PM IST

IMF board to grill investigators, Georgieva on data-rigging claims: Report

IMF executive board will intensify its probe of MD Kristalina Georgieva this week by separately interviewing her and investigators who said she pressured World Bank staff to alter data to favor China

IMF board to grill investigators, Georgieva on data-rigging claims: Report
Updated On : 03 Oct 2021 | 11:22 AM IST

Emerging market 'cryptoization' threatens financial stability: IMF

The IMF said that unsound macroeconomic policies and inefficient payment systems are among the drivers of cryptocurrency adoption in emerging economies

Emerging market 'cryptoization' threatens financial stability: IMF
Updated On : 02 Oct 2021 | 2:16 AM IST

Sri Lanka's central bank unveils six-month plan to stabilise economy

Governor Ajith Nivard Cabraal, while announcing a range of measures, also reiterated that the island nation would not seek any bailout from the International Monetary Fund

Sri Lanka's central bank unveils six-month plan to stabilise economy
Updated On : 02 Oct 2021 | 1:18 AM IST

Emerging market 'cryptoization' threatens financial stability - IMF

Bitcoin and its kin have in the last year soared in price and popularity

Emerging market 'cryptoization' threatens financial stability - IMF
Updated On : 01 Oct 2021 | 8:25 PM IST

A coup attempt at the IMF

The efforts now underway to remove Kristalina Georgieva are not only unjust, but could hamstring the Fund's management for years to come

A coup attempt at the IMF
Updated On : 29 Sep 2021 | 10:59 PM IST

Janet Yellen declines to take IMF Chief's calls after scandal

Biden govt has yet to offer support for Georgieva

Janet Yellen declines to take IMF Chief's calls after scandal
Updated On : 29 Sep 2021 | 2:20 AM IST

'Not true': IMF chief denies pro-China pressure on World Bank report

Georgieva used a previously scheduled meeting with staff to address findings contained in an independent report on data irregularities in World Bank's now-canceled "Doing Business" rankings

'Not true': IMF chief denies pro-China pressure on World Bank report
Updated On : 18 Sep 2021 | 6:56 AM IST

IMF chief Georgieva in spotlight after World Bank China rigging report

The IMF review was launched after Georgieva briefed the board on the issue on Thursday

IMF chief Georgieva in spotlight after World Bank China rigging report
Updated On : 18 Sep 2021 | 2:22 AM IST

IMF chief lobbied to improve China's biz ranking, says World Bank

To discontinue 'Doing Business' reports after ethics review

IMF chief lobbied to improve China's biz ranking, says World Bank
Updated On : 17 Sep 2021 | 1:17 AM IST

World Bank discontinues business climate report after ethics review

IMF MD Kristalina Georgieva was cited by the World Bank in the probe of its periodic 'Doing Business' report

World Bank discontinues business climate report after ethics review
Updated On : 16 Sep 2021 | 9:03 PM IST

Sri Lanka's central bank governor Lakshman resigns amid reserves crisis

Sri Lanka did not immediately announce a successor to Lakshman, who took up the post in December 2019. The government said he would step down on Tuesday

Sri Lanka's central bank governor Lakshman resigns amid reserves crisis
Updated On : 10 Sep 2021 | 10:12 PM IST

Sri Lanka is facing a severe foreign exchange crisis, says finance minister

The government's revenues were also far short of target as pandemic curbs hurt economic activity, Rajapaksa said during a debate in parliament Tuesday

Sri Lanka is facing a severe foreign exchange crisis, says finance minister
Updated On : 09 Sep 2021 | 12:00 AM IST

US should strengthen multilateral institutions

The US should, as leading economic power, quickly rescue moribund WTO dispute settlement mechanism and work with other countries to come up with meaningful initiatives

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Updated On : 06 Sep 2021 | 12:29 AM IST

IMF raises India's special drawing rights allocation to $17.86 billion

SDR is an alternate reserve currency floated by the IMF, which the member countries can freely exchange between themselves

IMF raises India's special drawing rights allocation to $17.86 billion
Updated On : 01 Sep 2021 | 10:37 PM IST

India's holding of special drawing rights rises to $19.41 billion

The Reserve Bank said India's holding of IMF's Special Drawing Rights (SDR) has gone up to SDR 13.66 billion which is equivalent to $19.41 billion as per exchange rate

India's holding of special drawing rights rises to $19.41 billion
Updated On : 01 Sep 2021 | 8:22 PM IST

How Africa can seize the moment and start resetting its ties with the IMF

To understand what Africa needs to do, it's helpful to review the history of Special Drawing Rights

How Africa can seize the moment and start resetting its ties with the IMF
Updated On : 20 Aug 2021 | 8:15 AM IST

Impoverished Afghanistan got rid of America, but not the US dollar

Afghanistan is in dire need of funds, but nothing of consequence happens at lending institutions like the IMF without US approval.

Impoverished Afghanistan got rid of America, but not the US dollar
Updated On : 20 Aug 2021 | 7:32 AM IST

Taliban takeover: IMF curbs funds, US halts arms sales to Afghanistan

While Afghanistan will still receive the assets, it won't be able to use them because the new regime lacks international recognition, the IMF said

Taliban takeover: IMF curbs funds, US halts arms sales to Afghanistan
Updated On : 19 Aug 2021 | 11:26 PM IST

Too soon to predict economic spillover of crisis to Pakistan: IMF 

Taliban insurgents tightened their grip on Afghanistan on Friday, wresting control of its second and third biggest cities

Too soon to predict economic spillover of crisis to Pakistan: IMF 
Updated On : 13 Aug 2021 | 10:31 PM IST