IMF lowers Saudi Arabia’s 2024 growth forecast to 1.5% – World
ABU DHABI: The International Monetary Fund further lowered its GDP growth forecast for Saudi Arabia for 2024 to 1.5% and ...
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IMF lifts US growth forecast but marks down China; sees lackluster global economy
WASHINGTON: The International Monetary Fund on Tuesday raised its 2024 economic growth forecasts for the U.S., Brazil and Britain but ...
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As poor nations’ default wave peaks, cash shortage could take its place
LONDON: The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka and Zambia ...
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Sisi says ‘pressure’ on Egyptians could call for IMF deal review
CAIRO: Egypt’s President Abdel Fattah al-Sisi warned on Sunday that regional challenges could lead to “unbearable” economic pressure on the ...
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To be shared with IMF: MoF asks ministries to submit 17 SOEs’ makeover plans
ISLAMABAD: The Ministry of Finance has sought restructuring/business plans of 17 State Owned Entities (SOEs) from their administrative ministries to ...
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4.7pc of GDP: IMF projects external financing needs for FY25 at $18.813bn
ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $18.813 billion for the current fiscal ...
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Country urged to enhance AML/CFT framework
ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan for continued enhancements in the Anti-Money Laundering and Counter Terrorist Financing ...
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‘Living standards’: Pakistan lagging behind regional peers, says IMF
The International Monetary Fund (IMF) said Pakistan has “moved further and further behind” its regional peers in terms of living ...
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Russia calls on BRICS partners to create alternative to IMF
MOSCOW: Russia, which chairs the BRICS group this year, has called on its partners to create an alternative to the ...
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SBP’s reserves hit 2-1/2-year high
KARACHI: The State Bank of Pakistan’s foreign exchange reserves have surpassed the $10 billion mark, reaching two-and-a-half-year high level following ...
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