IMF – GKToday

India’s Forex Reserves Show Significant Increase

India’s foreign exchange reserves have experienced a notable rise. on November 09, the reserves reached 658.09 billion dollars, an increase of 1.51 billion dollars. This marks the first...

December 7, 2024 Economy & Banking Current Affairs

International Debt Report (IDR) 2024

In 2023, low- and middle-income countries (LMICs) faced unprecedented external debt levels, total reaching US$8.8 trillion. Servicing this debt became more expensive than ever. The 2024 International Debt...

December 6, 2024 Reports & Indexes Current Affairs

IMF Approves Sri Lanka’s Third Bailout Review

The International Monetary Fund (IMF) has recently approved the third review of Sri Lanka’s 2.9 billion bailout on November 23, 2024. The country’s economy remains fragile despite the...

November 25, 2024 Economy & Banking Current Affairs

Pakistan’s Ongoing Relationship with the IMF

In September 2024, the International Monetary Fund (IMF) approved an important loan for Pakistan. The loan, valued at US$7 billion, marks Pakistan’s second-largest borrowing from the IMF. This...

November 13, 2024 Economy & Banking Current Affairs

IMF’s Regional Economic Outlook

According to the International Monetary Fund’s (IMF) Regional Economic Outlook, economies across the Middle East and Central Asia are likely to slow down this year due to persistently...

May 9, 2023 Reports & Indexes Current Affairs

IMF: India and China to contribute more than half of global growth

The International Monetary Fund recently said that India and China will contribute more than 50% of the global growth in 2023. Another 25% will be contributed by other...

February 21, 2023 Economy & Banking Current Affairs

Global sovereign debt roundtable

On the sidelines of the G20 meeting, Global Sovereign Debt Roundtable is to be held in Bengaluru. The event will discuss issues that are obstructing the debt restructuring...

February 16, 2023 Economy & Banking Current Affairs

IMF calls for reforms of China’s Growth model

The International Monetary Fund says that the potential growth of China is falling. The country is in need of comprehensive economic reforms. The international organization has made this...

February 11, 2023 Economy & Banking Current Affairs

Uganda’s First Oil Drilling Program

Uganda has one of the largest oil reserves in the Saharan desert according to the International Monetary Fund. Oil was discovered in Uganda twenty years back. But the...

January 25, 2023 Economy & Banking Current Affairs

India’s Assurances to IMF backing Sri Lanka

India sends financing assurances to IMF to back Sri Lanka’s debt restructuring program. Sri Lanka’s three largest bilateral lenders are China, Japan, and India. India’s backing is a...

January 19, 2023 International / World Current Affairs

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Topic: IMF