Page 108 - Imf News Today

 India’s navy is continuing to demonstrate its prowess joining the world stage among the most elite strike teams. The Combined Maritime Force (CMF) CT...

This is amid shifting trade patterns, soaring debt and mounting cost of climate change.

Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic recovery, the International Monetary Fund (IMF) said on Friday, warning of risks from geopolitics, domestic instability and climate change.

He highlighted the importance of balancing these challenges with the risks threatening future economic prospects.

Indias foreign exchange reserves saw a decline of $5.4 billion to $643.16 billion as of April 12, as per the latest data from the Reserve Bank of India (RBI). This followed a surge of $2.9 billion to a record high of $648.56 billion in the previous week. The decline was primarily due to a decrease of $6.51 billion in foreign currency assets (FCAs), which include assets denominated in currencies other than the US dollar.

A recent ‘Transcript of Global Financial Stability Report April 2024 press briefing’, carried a rather very...

As the IMF’s managing director, Kristalina Georgieva, heads for her second term, she must refocus her institution’s attention on four key issues.

Currently, Pakistan has expressed interest in a new programme in order to help the country address some of the key challenges, Jihad Azour, Director of the Middle East and Central Asia Department at the IMF told reporters here on the sidelines of the annual Spring Meetings of the IMF and the World Bank.

Officials say more work needed to reform energy sector

WASHINGTON: Finance Minister of Pakistan Muhammad Aurangzeb has ruled out any further significant rupee devaluation...