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The head of the International Monetary Fund is urging China to confront its economic imbalances, cautioning that an economy of its size can no longer rely on exports as its main growth engine.Although China’s shipments to the US have weakened amid steep tariffs introduced under President Donald Trump, its overall exports to global markets have…
IMF on Monday approved a disbursement of around $1.2 billion to Pakistan, lifting the country’s total inflows under the Extended Fund Facility and the Resilience and Sustainability Facility to roughly $3.3 billion. The IMF Executive Board cleared the payment during its meeting in Washington, citing the country’s efforts in macroeconomic reforms.Pakistan remains heavily reliant on…
MUMBAI: Reserve Bank of India’s Deputy Governor, Poonam Gupta, has responded to recent International Monetary Fund (IMF) comments questioning the quality of India’s growth data and classifying the Indian rupee’s exchange rate regime as a “crawling peg” within a managed float system.On the concern regarding data quality, Gupta said that the IMF’s critique is more…
IMF has reclassified India’s exchange-rate regime, two years after the Washington-based lender suggested the country’s central bank was intervening too heavily in the currency market. The IMF labelled the country’s de facto currency regime as “crawl-like arrangement”, marking a change from the previous “stabilised” classification, the agency said in a report released on Wednesday.A crawling…
The International Monetary Fund (IMF) has warned that persistent corruption and “state capture” in Pakistan are at the root of its ongoing economic crisis, where public policy is manipulated to benefit a narrow circle of political and business elites.The findings are part of the Governance and Corruption Diagnostic Assessment (GCDA), finalised in November 2025 and…
India’s economic outlook remains firmly positive, with the International Monetary Fund (IMF) pointing to strong policy foundations, resilient growth and well-contained inflation in its latest assessment. The Washington-based agency said India’s performance has been underpinned by prudent macroeconomic management and a decade of structural reforms that continue to pay dividends.In a report, the IMF noted…
The International Monetary Fund (IMF) highlighted persistent corruption challenges in Pakistan, warning that systemic weaknesses across state institutions could limit economic growth unless urgent reforms are undertaken, Dawn reported.The IMF’s Governance and Corruption Diagnostic Assessment (GCDA) is a prerequisite for its executive board to approve a $1.2 billion disbursement, expected next month. The report, as…
Representative image (AI-generated) The International Monetary Fund (IMF) on Friday urged Asian countries to lower non-tariff barriers and boost regional trade integration. The organisation said that this would help them reduce vulnerability to US tariffs and global economic shocks.Trade has been a major driver of Asia’s economic growth, with China serving as the global hub…
Global economy (AI image) The global economy is going through a period of enhanced turmoil with the trade war unleashed by US President Donald Trump. Amidst this uncertainty, International Monetary Fund (IMF) MD Kristalina Georgieva has said that world leaders and central bank governors need to ‘buckle up’.Deepak Ajwani, Editor, Economic Times Online asked IMF…
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that India remains one of the strongest pillars of global growth even as the world economy turns more unpredictable amid rising tariffs, uneven expansion, and the rapid advance of artificial intelligence (AI), according to an ET report.Speaking at an IMF press conference, Georgieva replied to ET…
