Current Affairs

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Topic: International Monetary Fund (IMF)

$3 Billion Stand-By Arrangement (SBA) between Pakistan and IMF

The Pakistan government has reached a staff-level agreement with the International Monetary Fund (IMF) for a funding of $3 billion. The agreement is part of a nine-month stand-by...

July 4, 2023

Sri Lanka’s State Owned Enterprise Reform Policy

Sri Lanka has recently given the green light to the reorganization of its state-owned enterprises, with the goal of enhancing government finances and expediting the country’s economic revival....

May 18, 2023

“Geoeconomic Fragmentation: Sub-Saharan Africa Caught between the Fault Lines” Report

The IMF has recently released a report titled “Geoeconomic Fragmentation: Sub-Saharan Africa Caught between the Fault Lines”. Key Findings of the Report Sub-Saharan African economies may face a...

May 4, 2023

“Stacking up the Benefits Lessons from India’s Digital Journey” Report

India’s development of a “world-class digital public infrastructure” has been lauded by the International Monetary Fund (IMF) in a working paper titled ‘Stacking up the Benefits Lessons from...

April 10, 2023

IMF’s $15.6 Billion Loan For Ukraine

The International Monetary Fund (IMF) has approved a loan program worth $15.6 billion for Ukraine as part of a larger $115 billion package to aid its war-torn economy....

April 1, 2023

What are IMF Bailouts?

The International Monetary Fund (IMF) is an international organization that provides financial assistance to member countries facing economic crises. The organization works towards maintaining international monetary cooperation, promoting...

March 31, 2023

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

Latest Updates of IMF’s World Economic Outlook

The International Monetary Fund (IMF), in its World Economic Outlook, slashed its FY23 growth forecast for India from its July projection of 7.4 percent to 6.8 percent. What...

December 27, 2022

IMF’s $4.5 billion loan for Bangladesh

Bangladesh and the International Monetary Fund (IMF) finalized the preliminary deal for a 4.5 billion USD loan. About the IMF loan to Bangladesh Under the preliminary deal, the...

November 10, 2022

IMF World Economic Outlook- Update

India’s economic growth forecast has been reduced from 8.2% to 7.4%. The International Monetary Fund (IMF) released India’s growth prediction in its World Economic Outlook on July 26,...

July 27, 2022

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