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Nothing's taboo for new IMF Chief Economist, first woman in job

Gita Gopinath will be expected to recommend practical fixes – at a turbulent moment when the free-market principles promoted by the IMF for decades are under attack.

Indian economy poised to pick up in 2019, says IMF

"India's economy is poised to pick up in 2019, benefiting from lower oil prices and a slower pace of monetary tightening than previously expected, as inflation pressures ease," the IMF said.


Imran Khan should resign for lying, secretly agreeing to IMF's condition: PML-N

Pakistani Rupee suffered a massive hit on Friday as the dollar rose to all time high at Rs 144, a day after the government celebrated its 100-day achievements.

Pak rupee suffers massive hit, at all-time low at Rs 144

Recently, the cash-strapped Pakistan's negotiations with the IMF for a bailout package faced difficulties as the international lender sought complete disclosure of Chinese financial support and hiking of energy prices and levying more taxes.

IMF demands details of Pakistan's financial assistance deal with China: Report

The sources said the IMF also demanded that the provincial governments finance the Benazir Income Support Programme (BISP), instead of the federal government, and wanted committed cash surpluses to minimise the consolidated fiscal deficit.

View from the Neighbourhood: Bail-out woes

While the Fund has not made any explicit reference to China, its most influential member, the US, has been unequivocal that Pakistan discloses the debt it owes to China, especially those related to the China-Pakistan Economic Corridor (CPEC).


IMF-World Bank ends meetings with call to brace for risks

IMF members also pledged to avoid devaluing currencies to seek a trade advantage by making a country's exports relatively cheaper.

US will review Pakistan's bailout application to IMF from all angles, including debt position

Lagarde said she would require absolute transparency on Pakistan's debts, including those owned by China.

IMF chief Christine Lagarde warns against trade, currency wars, urges fix to global rules

Formally launching the IMF and World Bank annual meetings on the Indonesian resort island of Bali, Lagarde urged countries to "de-escalate" trade conflicts and fix global trading rules instead of abandoning them.

Host Indonesia hopes IMF-World Bank meetings will warn against protectionism

Indeed, the IMF on Tuesday cut its global economic growth forecasts for 2018 and 2019, saying that the US-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows.

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