Page 143 - Imf News Today

KSE-100 index loses 59 points, or 0.09% WoW, closes at 62,943.75

Out of the various instruments that offer a tax benefit, Equity-linked Saving Schemes (ELSS), also known as tax saving mutual funds, have gained immense popularity among taxpayers in the last decade. Individuals, as well as HUFs, can invest in ELSS or tax saving mutual funds and claim tax benefits.

The IMF has given a dire outlook for the Palestinian economy - both in Gaza and the West Bank - over Israel's continued war on the besieged Gaza Strip.

Upcoming govt may opt for old solutions, avoid politically tough decisions

It’s not guaranteed that the European Central Bank will lower borrowing costs this year as inflation risks persist, according to Governing Council Member Robert Holzmann.

In a speech at the World Governments Summit in Dubai, managing director of the International Monetary Fund (IMF), Kristalina Georgieva said the IMF would publish a paper on Monday that shows phasing out explicit energy subsidies could save $336 billion in the Middle East, equivalent to the economies of Iraq and Libya combined.

International Business News: IMF managing director Kristalina Georgieva warns of potential wider impact on regional economies of continued conflict in Gaza. The IMF revised its GDP growth forecast for the Middle East and North Africa down to 2.9% this year, lagging below October projections, due to oil production cuts and the conflict in Gaza.

Georgieva said the IMF would publish a paper on Monday that shows phasing out explicit energy subsidies could save $336 billion in the Middle East

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The International Monetary Fund's (IMF) Director, Kristalina Georgieva, expressed concerns about Egypt's multiple exchange rate system, according to an interview with Al Arabiya Business on Sunday, 11 February. At the Arab Fiscal Forum in Dubai, Georgieva criticized Egypt's use of multiple exchange rates, calling them detrimental and urging the country to adopt a market-based