Monetary

The International Monetary Fund expects steady global growth amid economic uncertainty – Trendy Blogger

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The International Monetary Fund expects steady global growth amid economic uncertainty – Trendy Blogger

WashingtonThe International Monetary Fund is preparing to unveil its latest forecast for the global economy on January 17, with expectations of steady global growth and a gradual decline in inflation, according to IMF Managing Director Kristalina Georgieva. Speaking on Friday, Georgieva highlighted that the US economy is performing “better than expected” but noted significant uncertainty … Read more

The Bank of Japan announces the schedule of Monetary Policy Committee meetings for the first half of 2025 – Trendy Blogger

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The Bank of Japan announces the schedule of Monetary Policy Committee meetings for the first half of 2025 – Trendy Blogger

The State Bank of Pakistan (SBP) on Friday released the advance schedule of Monetary Policy Committee (MPC) meetings for the first half of 2025. According to the calendar, the central bank will hold four meetings between January and June. The first meeting of the Monetary Policy Committee is scheduled for January 27, followed by the … Read more

The International Monetary Fund rejects Pakistan’s proposal to reduce sales tax on electricity bills – Trendy Blogger

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The International Monetary Fund rejects Pakistan’s proposal to reduce sales tax on electricity bills – Trendy Blogger

The International Monetary Fund has rejected a formal request from Pakistan’s Ministry of Energy to reduce sales tax on electricity bills, citing liabilities under the existing loan programme, Express News reported. The decision deals a blow to the government’s efforts to ease financial pressures on consumers. The Ministry of Energy had requested IMF approval to … Read more

Former head of the International Monetary Fund, Rato, was sentenced to a new prison term on corruption charges – Trendy Blogger

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Former head of the International Monetary Fund, Rato, was sentenced to a new prison term on corruption charges – Trendy Blogger

A Madrid court sentenced former International Monetary Fund director Rodrigo Rato to nearly five years in prison, after convicting him on corruption charges, the court announced on Friday. Rato, who has denied any wrongdoing throughout the nine-year investigation, said in a statement sent to Reuters via law firm Baker McKenzie that the ruling was “unfair” … Read more

The Prime Minister forms a committee to purchase wheat with inputs from the International Monetary Fund – Trendy Blogger

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The Prime Minister forms a committee to purchase wheat with inputs from the International Monetary Fund – Trendy Blogger

Islamabad: Prime Minister Shehbaz Sharif has formed a committee headed by Finance Minister Muhammad Aurangzeb to formulate a wheat procurement plan for the food year 2024-25, including IMF recommendations. The committee includes Minister of National Food Security and Research Rana Tanveer Hussain, Minister of Commerce Jam Kamal Khan, and Advisor to the Prime Minister on … Read more

The International Monetary Fund urges Pakistan to reduce state intervention in the economy and promote competition – Trendy Blogger

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The International Monetary Fund urges Pakistan to reduce state intervention in the economy and promote competition – Trendy Blogger

The International Monetary Fund has urged Pakistan to take steps to reduce state intervention in the economy and enhance competition, which will help promote dynamic private sector development. The IMF mission led by Mr. Nathan Porter concluded its staff visit to Pakistan from 12 to 15 November 2024. During the visit, the IMF team met … Read more

Study: Selling 4% of the International Monetary Fund’s gold could ease the debt burdens of 86 countries – Trendy Blogger

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Study: Selling 4% of the International Monetary Fund’s gold could ease the debt burdens of 86 countries – Trendy Blogger

Gold bullion at an Austrian gold and silver separation plant in Vienna on March 18, 2016. Reuters To help provide debt relief for low-income countries devastated by climate-related disasters, the International Monetary Fund must sell 4% of its gold, a study said, as climate finance dominates early talks at the COP29 summit. The study said … Read more

The International Monetary Fund tells Pakistan: Reduce expenditures or unveil a mini-budget – Trendy Blogger

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The International Monetary Fund tells Pakistan: Reduce expenditures or unveil a mini-budget – Trendy Blogger

A representative image shows the seal of the International Monetary Fund in Washington, D.C. on January 26, 2022. — AFP The IMF mission will visit Islamabad from November 11 to 15. The Minister of Finance and the Chairman of the Federal Reserve begin the first session with the International Monetary Fund. A mini-budget reveal is … Read more

The Reserve Bank of Australia cuts interest rates by 250 basis points, marking the fourth consecutive monetary easing – Trendy Blogger

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The Reserve Bank of Australia cuts interest rates by 250 basis points, marking the fourth consecutive monetary easing – Trendy Blogger

The State Bank of Pakistan logo on the reception desk at the head office in Karachi, Pakistan, July 16, 2019. — Reuters The State Bank of Pakistan (SBP) on Monday cut its key interest rate by 250 basis points to 15%, the fourth straight cut as inflation remains in single digits until October. Analysts as … Read more

FinMin emphasizes macroeconomic stability on the sidelines of the annual meetings of the World Bank and the International Monetary Fund – Trendy Blogger

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FinMin emphasizes macroeconomic stability on the sidelines of the annual meetings of the World Bank and the International Monetary Fund – Trendy Blogger

Pictured is Finance Minister Muhammad Aurangzeb during his meeting with US Assistant Secretary of State for Energy Resources Jeffrey Pyatt on the sidelines of the annual meetings of the International Monetary Fund and World Bank on October 25, 2024. — X@Financegovpk The Minister of Finance emphasizes the challenges of the energy sector. Expresses hope for … Read more