BusinessIMF provides $24B in interest-free loans to low-income countries during pandemicAdminApril 8, 2023April 8, 2023 April 8, 2023April 8, 2023 The International Monetary Fund (IMF) has provided over $24 billion in interest-free loans to more than 50 low-income countries since... Read more
BusinessA third of world economies will be in recession by 2023 – IMF chiefAdminJanuary 2, 2023 January 2, 2023 The International Monetary Fund (IMF) chief Kristalina Georgieva warns that this year will be tougher on the global economy than... Read more
BusinessDebt forgiveness by late 2023, IMF staff agreement with SomaliaAdminOctober 18, 2022 October 18, 2022 A team from the International Monetary Fund (IMF) reached an agreement with Somalia that will allow the release of about... Read more
BusinessAsian central banks have been urged by the IMF to tighten policy furtherAdminOctober 14, 2022 October 14, 2022 The International Monetary Fund has stated that most Asian central banks must tighten monetary policy further. This is because rising... Read more
NewsEmergency aid of $160 million to be sought by the UN for Pakistan floodsAdminAugust 31, 2022 August 31, 2022 It is anticipated that the United Nations (UN) and Pakistan will appeal on behalf of the nearly half a million... Read more
BusinessIndian economic growth is expected to be 7.4 percent this year and nextAdminAugust 27, 2022 August 27, 2022 Indian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and next. International... Read more
BusinessPreliminary agreement between Sri Lanka and the IMF is expectedAdminAugust 19, 2022 August 19, 2022 In a statement, the head of Sri Lanka’s central bank said that he hopes that the government can reach a... Read more