IMF News

Economist Poonam Gupta Makes History as New RBI Deputy Governor: A Look at Her Stellar Career

Poonam Gupta, Director General of NCAER, appointed as RBI Deputy Governor for three years. With a rich background in economic policy and roles at IMF and World Bank, her appointmen...

IMF Urges India to Embrace Structural Reforms for Sustained Economic Growth

The IMF highlights India's potential for sustained growth but stresses the need for structural reforms in areas like GST, labor regulation, and judiciary. It also calls for agricul...

Bank of Korea Governor Reassures on Adequacy of Foreign Exchange Reserves

Bank of Korea Governor Rhee Chang-yong reassures on the adequacy of Korea's foreign exchange reserves, aligning with IMF's qualitative assessment. He also discusses the impact of p...

Sri Lanka's Innovative Debt Restructuring: Governance and Macroeconomic Linked Bonds

Sri Lanka's debt restructuring involves $12.55 billion in international bonds, introducing innovative instruments linked to economic growth and governance. These include Governance...

Pakistan's Central Bank Cuts Key Rate by 200 Basis Points: Fifth Consecutive Reduction

Pakistan's central bank cuts key policy rate by 200 basis points to 13%, its fifth consecutive reduction since June, aiming to revive the economy as inflation eases. The aggressive...

El Salvador's $1.3B IMF Loan: Bitcoin Reforms and Fiscal Adjustments

El Salvador is close to securing a $1.3 billion loan agreement with the IMF, subject to Bitcoin reforms and fiscal adjustments. This could unlock additional funds from the World Ba...

Pakistan's Inflation Rate Drops to 23.1% in February, Offering Hope for Economic Stability

Pakistan's consumer price index rose 23.1% in February from the same month last year, marking the slowest annual inflation rate since June 2022. The country has been struggling wit...