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Debt, fiscal challenges facing low-income countries worry IMF

WASHINGTON (Reuters) -Shareholders of the International Monetary Fund agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday. Multiple reports from the IMF and the World Bank this week sounded the alarm about economic developments and prospects in low-income developing countries, which are still grappling with the aftermath of the COVID-19 pandemic and other shocks. The IMF lowered its 2024 growth forecast for low-income countries as a group to 4.7% from an estimate of 4.9% in January.

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Debt, fiscal challenges facing low-income countries worry IMF

Debt, fiscal challenges facing low-income countries worry IMF
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Debt, fiscal challenges facing low-income countries worry IMF

Debt, fiscal challenges facing low-income countries worry IMF
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Aurangzeb discusses Pakistan-US relations with Donald Lu, economy with IMF

Aurangzeb briefed the US officials about Pakistan's reform agenda

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US diplomats reaffirm Washington's commitment to bolster ties with Pakistan - Business

Fund's Middle East and Central Asia director says it is important to accelerate reforms and double down on their structure.

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Aurangzeb pledges aggressive reforms at IMF meeting - Business

Assures lender of broadening tax net, privatising SOEs, expanding social safety nets, facilitating private sector.

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IMF, World Bank cite significant progress in debt restructuring cases

The IMF and the World Bank convened the roundtable, which brings together debtor countries, creditors, international financial institutions and the private sector to jumpstart long-stalled debt restructuring processes and build greater understanding on ways to address challenges. Get more World News and Business News on Zee Business.

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Finance minister does not expect significant rupee devaluation in IMF negotiations - Business

Fund's Middle East and Central Asia director says it is important to accelerate reforms and double down on their structure.

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FM Aurangzeb expects rupee stability post-IMF talks

Only thing which can be a wild card is international oil price, says finance czar

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