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Thursday, September 4, 2025
TopicIMF

Topic: IMF

Former RBI governor Urjit Patel appointed as IMF executive director for 3 yrs

Patel took over as the RBI governor from Raghuram Rajan in September 2016 and resigned from the post in December 2018, citing personal reasons.

IMF urges Pakistan to ensure spending transparency, limit budget changes without parliament nod

The institute has recommended prioritising high-impact and high-priority projects in the PSDP and capping new project allocations to avoid overextension of limited development resources.

Pakistan’s credit upgrade lowers investor risk. A turning point in economy, say experts

'It shows that the risk of sovereign default, which was quite omnipotent just a couple of years ago, is in the past,' said Ali Farid Khwaja, chairman at KT Bank Pakistan.

India’s GDP victory over Japan is still a year away. Here’s why

India’s GDP has not yet surpassed Japan’s GDP. And when it does, it will neither be news nor a subject of research.

IMF imposes 11 new conditionalities on Pakistan, warns tensions with India could derail goals

Conditions include budgetary changes, new Agriculture Income Tax laws, and a governance action plan based on IMF recommendations.

Pakistan receives second tranche worth $1 bn under extended fund facility from IMF

The State Bank of Pakistan said the amount will be reflected in its foreign exchange reserves for the week ending 16 May.

IMF loan shows Pakistan has a slogan—beg, borrow, steal, don’t give up on supporting terrorism

IMF must introspect on what basis a nation known for its defaults and terrorist networks is being given loans?

IMF clears $1 billion loan for Pakistan. Here’s how the bailouts work and what is India’s role

India pointed out that Pakistan has been a “prolonged borrower from the IMF, with a very poor track record of implementation and of adherence to the IMF’s program conditions”.

‘IMF reimbursing Pak for ordnance it is using to devastate J&K,’ says Omar Abdullah

India abstained from the vote at the IMF, pointing out that rewarding continued sponsorship of cross-border terrorism sends a dangerous message to the global community

IMF sanctions $2.3bn fund for Pakistan, India abstains from vote citing terror funding concerns

For the Pakistani economy, the IMF bailout is key to its economy. In the week ending 25 April, Pakistan’s total foreign exchange reserves stood at $15.25 billion.

On Camera

On Arundhati Roy, mother-daughter conflicts, and the burden of being a ‘good mother’

When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Loyal wingman’ to full ICBM triad & air defence, China’s show of power at Victory Day parade

China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.