International Monetary Fund
Unexpected, but also unacceptable
Russian invasion's multi-dimensional impact, and India's meek acceptance of the damage done to its economy
 "Unexpected, but also unacceptable")
Sri Lanka PM appointed as finance minister, to lead debt talks with IMF
He has held talks with foreign envoys, including from India, China and the US, and discussed with representatives from ADB and World Bank ways to replenish food, fertilizer and medicine supplies
 "Sri Lanka PM appointed as finance minister, to lead debt talks with IMF")
Default threat reaches Pak as inflation rises, political crisis worsens
Without a bailout from the International Monetary Fund, Pakistan may default for the second time in its history amidst inflation at its peak.
 "Default threat reaches Pak as inflation rises, political crisis worsens")
Pak FM rules out removal of fuel, power subsidies ahead of IMF talks
Pakistan FM Miftah Ismail said on Monday that the government will not remove subsidies on power and fuel as per the commitment made by the previous government with the IMF.
 "Pak FM rules out removal of fuel, power subsidies ahead of IMF talks")
WEF summit: More forecast downgrades possible, no recession, says IMF
Members of the global elite are back in Davos after a two-year hiatus due to the pandemic
 "WEF summit: More forecast downgrades possible, no recession, says IMF")
G7 countries to provide $19.8 billion in aid to crisis-hit Ukraine
The International Monetary Fund will be assisting with the package, German Finance Minister Christian Lindner, the host of the meeting, told reporters.
 "G7 countries to provide $19.8 billion in aid to crisis-hit Ukraine")
India's foreign exchange reserve declines by $2.67 billion to $593 billiion
In the previous reporting week, forex reserves stood at $595.95 billion.
 "India's foreign exchange reserve declines by $2.67 billion to $593 billiion")
IMF 'corrects' maths, says India to be $5-trillion economy by FY27
CEA disputed IMF's earlier projections that showed goal to be achieved by 2028-29
 "IMF 'corrects' maths, says India to be $5-trillion economy by FY27")
Not lowering fuel subsidies till govt survival assured, Pak PM Sharif
Pakistan is under considerable pressure from the International Monetary fund (IMF) to cut down on the fuel subsidies for taking the bailout package discussions further
 "Not lowering fuel subsidies till govt survival assured, Pak PM Sharif")
WEF 2022: What does 'global debt' mean and how high is it at present?
The current debt wave is the world's fourth since 1970, the World Bank says
 "WEF 2022: What does 'global debt' mean and how high is it at present?")
IMF increases weighting of dollar, yuan in SDR basket amid weakness
The IMF raised the yuan's weighting to 12.28 per cent from 10.92
 "IMF increases weighting of dollar, yuan in SDR basket amid weakness")
India's foreign exchange reserves drop by $1.7 billion; hit 1-year low
In the previous reporting week, the overall reserves had declined by $2.695 billion to $597.728 billion, falling below the $600 billion mark
 "India's foreign exchange reserves drop by $1.7 billion; hit 1-year low")
Pak leader claims IMF delaying meeting, seeking hike in petroleum prices
As per Pakistan Tehreek-i-Insaf spokesperson on finance Muzzammil Aslam, the IMF has deferred a meeting with Pakistan authorities until May 18 as they are seeking a hike in petrol and diesel prices
 "Pak leader claims IMF delaying meeting, seeking hike in petroleum prices")
IMF suggests revoking govt subsidies in Pak, talks scheduled on May 18
The Express Tribune reported that the IMF has informed the country's government that it could send a mission to Doha for one week on May 18
Ex-Pak FM Ishaq Dar advises govt to renegotiate IMF bailout package
"We have to run the country and not ruin it by taking dictations," said the former Finance Minister, reported Geo News
 "Ex-Pak FM Ishaq Dar advises govt to renegotiate IMF bailout package")
Sri Lanka, IMF to start next round of technical discussions amid crisis
The International Monetary Fund (IMF) announced it will begin the next round of technical discussions with Sri Lanka from May 9-23
 "Sri Lanka, IMF to start next round of technical discussions amid crisis")
Nepal should engage in monetary tightening to bolster forex, says IMF
Nepal, a landlocked country between China and India, has banned luxury goods imports until mid-July to rein in capital outflows
 "Nepal should engage in monetary tightening to bolster forex, says IMF")
IMF urges Lebanon to implement 'agreed-upon' reforms in timely manner
"Timely implementation of agreed-upon reforms is vital to obtaining the much-needed funding from the international community," said IMF Managing Director Kristalina Georgieva
Sri Lanka inflation rises to 29.8% in April from 18.7% last month
Months of lengthy blackouts and acute shortages of food, fuel and pharmaceuticals have triggered widespread protests calling for the government's resignation
 "Sri Lanka inflation rises to 29.8% in April from 18.7% last month")
Sri Lankan central bank says all creditors will be treated equally
Sri Lanka has already missed coupon repayments on some of its bonds and its bailout discussions with the IMF include a possible bridge loan, Governor Nandalal Weerasinghe said
 "Sri Lankan central bank says all creditors will be treated equally")
