Showing results for "#Monetary Fund"
Climate action requires debt relief
Developing countries are caught in a vicious cycle of debt distress and climate vulnerability, where rising borrowing costs and climate risks curtail...
International Monetary Fund asks Pakistan to hike income tax
8 Oct 2021 9:24 AMThe International Monetary Fund (IMF) has asked Pakistan to impose income taxes worth around 225 billion PKR, while questioning the sustainability of...
Ukrainian Parliament approves budget for 2023
4 Nov 2022 8:48 AMThe Ukrainian economy is projected to grow 3.2 per cent next year, and inflation will stand at 28 per cent.
China expresses support for Sri Lanka ahead of debt meeting
15 Feb 2023 12:42 PMBeijing is one of Sri Lanka’s biggest creditors after it borrowed under President Xi Jinping’s Belt and Road Initiative to expand trade by building...
IMF board approves $15.6 bln loan package for Ukraine
1 April 2023 3:54 AMThe decision clears the way for an immediate disbursement of about $2.7 billion to Kyiv, the Fund said in a statement.
Pak Finance Ministry warns inflation to increase further
2 April 2023 3:03 AM"Inflation may further jack up as a result of a second-round effect," the finance ministry said in its Monthly Economic Update and Outlook, adding...
Progress report: India’s boom is a dangerous myth
10 April 2023 5:30 AMAll forecasts of higher future growth rates are extrapolating from the latest pandemic rebound. The economy slowed in the second half of 2022, and...
China is willing to implement debt disposal
14 April 2023 4:25 AMYi made the remarks at a meeting of Group of 20 finance ministers and central bank governors during the World Bank and IMF Spring Meetings in...