2023-11-19 13:43:04 Pakistan Finance Minister Shamshad Akhtar said that Pakistan will still need financial assistance from the International Monetary Fund. This remark was made while talking to the media on November 16. ” The country’s economy is still weak. Will have to rely on the IMF again. “We will approach the International Monetary Fund for … Read more
2023-11-15 17:49:51 New Delhi: Government think tank Niti Aayog has recently appointed four distinguished fellows for a period of one year, an official statement said on Wednesday. The four new members of Niti Aayog will bring along significant work experience, coupled with their understanding and expertise of key social, economic and technical issues, it added. … Read more
2023-10-21 01:24:00 Finance minister Nirmala Sitharaman said on Friday that the government is looking at reducing its debt burden further and has already resorted to prudent spending by resisting the temptation of fiscal profligacy, especially after the pandemic, to avoid burdening future generations. In her inaugural speech at the Kautilya Economic Conclave 2023 in the … Read more
2023-10-03 04:32:16 Indian households are saving less than they have for half a century. According to the Reserve Bank of India, net household savings in 2022-23 — the Indian financial year runs from April to March — were only 5.1% of gross domestic product. That’s down from 8% of GDP in 2019-20 and 11.5% in … Read more
2023-09-10 16:46:08 International Monetary Fund (IMF) on Sunday called for investment by the public and private sectors for decisively reducing emissions. It also hailed India’s G20 Presidency as a ‘powerful reminder’ of a joint effort for yielding much more than expected in resolving global problems. “Our one and only earth is threatened by existential climate change. … Read more
2023-08-17 12:46:28 The interim governor of the Banque du Liban (BDL), Wassim Mansouri, published in a press release on Thursday the details of the currency reserves held by the institution when he took office on July 31, as well as the immediate commitments due. on this same date. The former First Vice-Governor recently replaced Governor … Read more
2023-08-17 10:59:17 interest rates If Egypt wants to move forward with the policy of gradually containing inflation through monetary policy tools and in switching to a flexible exchange system for foreign currencies, a new hike in interest rates will be justified, after the Central Bank of Egypt raised it by 11 percentage points (1100 basis … Read more
2023-08-01 12:16:45 The government’s road map for turning India into a $5-trillion economy focusses on growth at the macro level and complementing it with ‘all-inclusive welfare’ at the micro level, the finance ministry said on Tuesday. In a written reply in the Rajya Sabha, minister of state for finance Pankaj Chaudhary said the road map … Read more