International Monetary Fund

Ivory Coast secures $843.9 million package from IMF

The International Monetary Fund (IMF) has reached a staff level agreement with Ivory Coast under its Extended Fund Facility and Extended Credit Facility programs, unlocking about $843.9 million in fresh financing.

Zero income, luxury lifestyle: Can Pakistan fix its broken tax system?

Pakistan’s tax system is facing intense criticism as millions file zero-income returns while flaunting immense wealth online and offline. With only two per cent of citizens paying income tax and nearly half of 2024’s returns declaring no earnings, the Federal Board of Revenue is cracking down through social media tracking and whistleblower rewards

Head-on | IMF reveals strength of India’s economy amid Trump’s tariffs

Is India’s relative economic vulnerability the reason why Trump is targeting India and not China? Trump may be making a serious mistake

FirstUp: Op Sindoor debate in Rajya Sabha, IMF to publish report on world economy... Top news today

The Rajya Sabha will hold a special debate on the Operation Sindoor today, with the Opposition likely demanding a detailed explanation of the operation's objectives. This comes a day after the Lok Sabha debate. The IMF will publish its latest World Economic Outlook, a comprehensive analysis of the global economic situation

Pakistan farmers threaten wheat cultivation boycott over 'unethical' farm tax

Sindh Chamber of Agriculture (SCA) alleged that a new 45 per cent income tax on farm earnings was introduced under pressure from the IMF and threatened of a widespread wheat cultivation boycott in protest

IMF tightens terms, disburses $1.3 bn as Bangladesh faces steeper repayment obligations

Earlier this week, the international lender approved $1.3 billion disbursement of the third and fourth tranches of Bangladesh's loan programme. A press release by the IMF said that the amount had been deposited into the country's account yesterday

Europe’s growth paralysis: Is the bloc losing its edge as IMF warns of eurozone stagnation?

The International Monetary Fund (IMF) has warned that Europe is at the risk of slipping into stagnation if urgent corrective actions are not undertaken.

IMF draws a red line for Pakistan: Can't use bailout to fund govt budget, diversion will have consequences

On Friday, the IMF's Communication Director, Julie Kozack, said that the international body has found that Pakistan has 'met all' criteria to be eligible for the package. However, she laid out certain conditions that Islamabad has to follow

Bangladesh cancels contract with Indian firm: How this move will hurt Dhaka

Bangladesh has cancelled a $21 million (Rs 180 crore) contract with a Kolkata-based defence company to build an ocean-going tug for its navy. The development points to yet another sign of worsening ties between the two countries since the interim government being led by Muhammad Yunus came to power after the ouster of Sheikh Hasina in August 2024. But what happened? And will this hurt Bangladesh more than India?

'IMF reimbursing Pakistan terror': J&K CM slams $1billion package, mourns loss of officer

J&K CM Omar Abdullah slams IMF for approving $1 billion package to Pakistan amid growing hostilities with India