India’s strong performance an opportunity for reforms to achieve advanced economy status by 2047: IMF
United Nations, March 1 (IANS) Commending India’s “prudent” policies, the International Monetary Fund’s (IMF) Executive Board has said its strong economic performance can help it adopt critical reforms to achieve advanced economy status by 2047. A report after the IMF’s annual consultations with India said its “strong economic performance provides an opportunity to advance critical […]
Sri Lanka gets fourth tranche of bailout package from IMF for economic recovery
Colombo, March 1 (IANS) The executive board of the International Monetary Fund (IMF) has announced that it has completed the Third Review under the 48-month Extended Fund Facility (EFF) with Sri Lanka, providing the island nation with an immediate access to Special Drawing Rights (SDR) of SDR 254 million (about US $334 million) to support […]
IMF committed to financing MENA countries needing support with $33 billion funding
DUBAI(RAHNUMA): The International Monetary Fund remains committed to helping countries that need support in the MENA region with financing of $33 billion, IMF’s Managing Director Kristalina Georgieva told the World Government Summit on Tuesday. “Today the IMF is supporting over 50 vulnerable countries, half of them are in sub-Saharan Africa … more important is we […]
