The downward revision of India’s growth forecast by the IMF came days after the ADB pared down its growth projection for India to 7.2 per cent for FY23, from 7.5 per cent,
The IMF chief also warned that “if we are in a situation in which we cannot overcome tensions rapidly, we may see some negative impact on the multilateral capacity to cushion countries
Sirajul Haq, chief of the Jamaat-e-Islami (JI) rejected the interest-based economic system, saying that Pakistan was not created for usury and corruption….reports Asian Lite News Sirajul Haq, chief of the Jamaat-e-Islami (JI),
The International Monetary Fund (IMF) has forecasted a 6.6 per cent GDP growth for Bangladesh in the current fiscal year 2021-2022 (July 2021-June 2022)…reports Asian Lite News The projection came after an
Gopinath’s new appointment was unexpected as she said in October that she had planned to return to Harvard University in January 2022….reports Asian Lite News The International Monetary Fund (IMF) has announced
The recent USD 6 billion funding programme dates back to 2019. The funding went through a halt this year due to prevailing reform issues in Pakistan….reports Asian Lite News ;The United Nations
Pakistan was facilitated with the $6 billion bailout package in May 2019, when the country reached an agreement with the IMF after difficult negotiations….reports Hamza Ameer The Pakistani delegation that was in
Tanzania has allocated $39.2 million for implementation of 23 projects aimed at revamping the tourism sector affected by the Covid-19 pandemic…reports Asian Lite News Damas Ndumbaro, the Minister for Natural Resources and
Georgieva, a Bulgarian economist who joined the IMF in 2019, had been hounded by allegations that while she was the World Bank’s Chief Executive…reports Arul Louis The Executive Board has cleared International
Lebanon remains fully committed to engaging in a constructive, transparent and equitable debt restructuring process with all other stakeholders…reports Asian Lite News Lebanon has resumed talks with the International Monetary Fund (IMF),