The International Monetary Fund is an international organization headquartered in Washington, D.C., consisting of 189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Read More
As per Pakistan Tehreek-i-Insaf (PTI) 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. ...
As Pakistan's foreign currency continues to witness a drop-down, the crisis-hit country requires dollar inflows of USD 9 to USD 12 billion in the shape of rollovers and fresh loans from bilateral donors and commercial banks to get a breathing space. ...
Maldives and Sri Lanka-- two nations whose economies are heavily dependent on tourism-- suffered a big blow due to COVID-enforced regulations after the outbreak of the pandemic. ...
Germany will allocate additional 37 million euros (over USD 40 million) for the reconstruction of Ukraine: to build housing and restore the power grid, German Economic Development Minister Svenja Schulze said. ...
World Bank President David Malpass said on Tuesday that he and IMF Managing Director Kristalina Georgieva will hold talks with Ukrainian Prime Minister Denis Shmyhal on April 21 during the World Bank/IMF Spring meetings in Washington. ...
