Bharat Express

IMF

Brazil, Russia, India, China, and South Africa (BRICS) account for a quarter of the global GDP

A 25% drop in 6 months reflects the rate at which confidence in the Pakistani industry is eroding

Pakistan is also considering refinancing a USD 300 million loan from the China Development Bank

India has transformed in less than a decade' is spot on in its nuanced analysis of the Indian economy.

Recently, Sri Lanka’s High Commissioner to India Milinda Moragoda had an interactive session with the New Delhi-based Trade Commissioners/ Commercial Diplomats concurrently accredited to Sri Lanka today at the High Commission premises.

PM Modi also highlighted that forex reserves are scaling new heights. "You are well aware of India's FinTech revolution," he said.

The IMF has rejected the cash-strapped Pakistani government's assertion that it has satisfied all requirements to reach an agreement with the international financial organisation to release funds under an already agreed-upon loan facility.

“We realised that 2020-2021 has been actually a lot better than we thought,” IMF economist Daniel Leigh said at a press briefing, responding to a question from the media query.

IMF Urges Asian Central Banks, Including RBI, to Maintain Tight Monetary Policies

India is expected to be the fastest-growing major economy in 2023, according to both the IMF and the World Bank.