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IMF
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IMF approves much-awaited USD 3 billion bailout for Pakistan, saving it from defaulting on debt
ISLAMABAD (TIP): The International Monetary Fund on July 12 approved a much-awaited $3 billion bailout for Pakistan, the global lender said, a move that’s likely to save the nation from defaulting on its debt repayments. […]
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Financially battered Pakistan reaches $3 billion stand-by deal with IMF
ISLAMABAD (TIP): Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth $3 billion announced by the IMF in Washington late June 29. The economy has been stricken by […]
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Pakistan govt drops petrol bomb on inflation-hit masses to appease IMF for unlocking critical loan tranche
ISLAMABAD (TIP): People in Pakistan woke up on February 16 to the shock of a historic price hike in the prices of petrol and gas as the government tried to appease the IMF for unlocking […]
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Scientists find clues that could help predict next violent explosion on the Sun
The Sun exploded with a partial halo Coronal Mass Ejection (CME) on January 14 and it hit Earth on January 17, causing an abrupt shift in the Interplanetary Magnetic Field (IMF) near Earth. While it […]
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Recession avoidable with right fiscal policies: IMF
Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the International Monetary Fund’s managing director Kristalina Georgieva said. […]
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Advanced economies to be back on track by 2024: IMF
DAVOS (TIP): Advanced economies will be back on track by 2024 but developing economies will be 5% below where they would have been otherwise, IMF’s Gita Gopinath said on Wednesday, May 25. Economies worldwide have […]
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IMF approves USD 1 billion loan tranche for Pakistan
Islamabad (TIP): The International Monetary Fund has approved the completion of the sixth review of its stalled USD 6 billion programme for Pakistan, paving the way for an immediate disbursement of about USD 1 billion […]
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IMF upgrades outlook for rich nations, slashes India forecast
Washington (TIP): The International Monetary Fund (IMF) has maintained its 6% global growth forecast for 2021, upgrading its outlook for the US and other wealthy economies but cutting estimates for a number of developing countries […]
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