Pak gets $1 bn as second tranche from IMF; budget under scanner

The International Monetary Fund has disbursed a second tranche of $1.023 billion under the Extended Fund Facility programme for Pakistan, the central bank said on Wednesday. IMAGE: Kindly note......

All conditions met: IMF defends $1 billion loan to Pakistan

The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.......

Pak gets $1 bn IMF loan despite India's strong objection

The International Monetary Fund has approved the immediate disbursement of about USD 1 billion to Pakistan under the ongoing Extended Fund Facility. IMAGE: A Pakistan Ranger stands guard before......

India opposes fresh $2.3 bn IMF loans to Pak over terror concerns

India on Friday opposed the International Monetary Fund's proposal to extend fresh loans of $2.3 billion to Pakistan, saying the funds could be misused for financing state-sponsored cross-border......

Govt abruptly terminates IMF ED Subramanian's services 6 months ahead of tenure

In an unexpected move, the government has terminated services of K V Subramanian as the executive director at the International Monetary Fund (IMF) six months ahead of his three-year tenure.......

Should India Retain The Inflation Targeting Regime?

The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga. Illustration: Dominic Xavier/Rediff   Next......

Pakistan's Economy On Tenterhooks

With general government debt now approaching three-quarters of GDP, and only incremental reform efforts visible, Pakistan risks prolonging its economic stagnation unless fundamental governance,......

Strauss-Kahn arrest: IMF board holds meeting

The executive board of the International Monetary Fundheld an informal meeting at its headquarters in Washington on Sunday to discuss the fallout of the arrest of its managing director, Dominique......