IMF

The government has inflicted heavy losses on the economy by devaluing the rupee and increasing the utility prices in the hope of getting a deal from the International Monetary Fund (IMF).

In an effort to secure IMF deal, Pakistan hiked taxes on a number of luxury goods and upscale services.

The stringent terms needed for a desperately needed financial bailout by the International Monetary Fund (IMF) have pushed the ruling coalition led by PM Shehbaz Sharif to impose greater tax rates, contributing to the already heavy burden on the Pakistani populace.

Pakistan and IMF failed to reach staff-level agreement needed to release $1.1 billion under a bailout package to debt-ridden Pakistan

IMF Managing Director Kristalina Georgieva asserted that India will leave a mark in the areas of digitalization and digital money

For a country like India, owning Digital platforms and payment like this, is a great feat in itself.

IMF has warned of demonstrations and unrest in Pakistan as inflation reaches a 47-year high of more than 27% in August.

Despite being one of the fastest growing economies in the world, Bangladesh has witnessed a sharp dip in its foreign exchange reserves.

In 2014-2015, India received 45.15 billion USD in FDI compared to the highest ever inflow for the fiscal year 2021-22.

The contentious claim that Bangladesh has overtaken India in terms of GDP per capita has also been revised by IMF.