IMF News

Explained: Understanding Pakistan’s IMF bailout

Even as Pakistan continues its brinkmanship with India, its sliding economy has required the International Monetary Fund to bail it out for the 13th time in 3 decades. How dire is its financial state, how did it get here?

'Decisive' policies and reforms must for Pakistan's economic stability: IMF

Pakistan has faced an economic crisis with short supplies of foreign currency reserves and stagnating growth. In February, the central bank had only USD 8 billion left in foreign reserves.


Pakistan removes SBP Governor, FBR Chairman amid talks on IMF bailout package

A delegation of the IMF arrived in Pakistan on Monday to hold technical discussions for a bailout package to the cash-strapped country, days after Prime Minister Khan met IMF chief Christine Lagarde in China.

Pakistan finance minister to step down amid IMF bailout talks

Minister Asad Umar has been leading negotiations with the IMF for what would be Pakistan's 13th bailout since the late 1980s, but has faced criticism over a worsening economic outlook under his watch.

IMF likely to delay bailout package to Pakistan as talks for finalising deal still on

Pakistani daily Dawn quoting official sources on Monday said the visit of the IMF mission to Islamabad for finalizing the bailout package may be delayed as both sides are still engaged in an "intense discussion" on the final details of the agreement.

India needs to bolster level of capitalisation of government-owned banks: IMF

The institutional mechanisms for resolution and the recognition of NPLs are, of course, an extremely important part of the process of cleaning up the banking system of non-performing loans.


Youth inactivity highest in India among emerging mkts: IMF economist

IMF senior economist John Bluedorn noted that the key challenges facing youth in emerging economies labour markets include gender gaps, technological change, poor job quality in employment.

At Dubai summit, IMF chief Christine Lagarde warns Britain on Brexit challenge

UK businesses fear a possible "no-deal" Brexit with the EU will cause economic chaos by imposing tariffs, customs and other barriers between Britain and mainland Europe.

IMF to check Pakistan's debt sustainability before loan: Official

There are concerns that given Pakistan's growing Chinese debt, the same could happen to the Gwadar port and other major CPEC-linked projects in Pakistan.

Flexible intellectual property will help China to diffuse trade tensions: IMF

After serving as IMF's Chief Economist for more than three years, 66-year-old Obstfeld is set to retire this month-end.