July 20, 2024 07:38 am
The primary reason for the government's unpopularity in recent years is economic hardship. As these hardships increase for ordinary citizens, dissatisfaction with the government grows. This dissatisfaction can extend to the democratic system itself, despite democracy being the most advanced system of governance. In recent times, such dissatisfaction has led to nostalgia for past autocracies. Therefore, the government must play an effective role in driving the country's economic growth.
July 12, 2024 17:55 pm
KATHMANDU, July 12: The International Monetary Fund (IMF) has shown serious concern over Nepal’s low capital expenditure, financial sector vulnerabilities, cooperatives related issues and political instability, stating that these factors are likely to affect the country’s pace of economic recovery.
June 9, 2024 09:30 am
KATHMANDU, June 9: The International Monetary Fund (IMF) has expressed its concern over the slow progress of Nepal’s government in a number of economic and financial reform areas of the country.
February 13, 2024 11:00 am
KATHMANDU, Feb 13: The International Monetary Fund (IMF) team has returned after visiting Nepal. A team led by Tidiane Kinda of the IMF was in Kathmandu from February 5 to 12 to discuss Nepal's economic development and aid programs.
February 1, 2024 12:07 pm
KATHMANDU, Feb 1: The International Monetary Fund (IMF) has predicted that Nepal's economic growth rate will be five percent in 2024. The IMF released its World Economic Outlook on Tuesday. Consumer price inflation in Nepal has been projected to increase by 6.7 percent in 2024.
November 20, 2023 12:53 pm
Islamabad, Nov 20: The International Monetary Fund (IMF) has revised Pakistan's foreign loan requirement to USD 25 billion for this fiscal year, reducing it by USD 3.4 billion, The Express Tribune newspaper reported, adding that it also lowered Pakistan's economic growth projection to just 2 per cent.
October 6, 2023 14:30 pm
KATHMANDU, Oct 6: The Nepali authorities and the International Monetary Fund (IMF) team reached a staff-level agreement for the disbursement of about $51.3 million under the third review of the Extended Credit Facility (ECF) arrangement. The agreement is subject to approval by the IMF’s Executive Board, according to a press release issued by the IMF on Thursday.
July 27, 2023 07:30 am
WASHINGTON, July 27: The International Monetary Fund has slightly upgraded its outlook for world growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday.
May 10, 2023 10:35 am
KATHMANDU, May 10: The International Monetary Fund (IMF) has urged the government of Nepal to apply policy-level precautions stating that Nepal's economy was still at risk.
May 9, 2023 09:45 am
Dhaka [Bangladesh], May 9: Bangladesh's Gross Domestic Product (GDP) growth rate in the current fiscal year will overtake China, the International Monetary Fund's latest report on the Asia-Pacific region forecast, according to Daily Sun citing United News of Bangladesh. According to the latest report from the IMF, Bangladesh will be in the second position, after Vietnam, in terms of GDP growth rate in the current fiscal year.
April 4, 2023 15:08 pm
UKRAINE, April 4: Ukraine has received the first tranche of USD 2.7 billion from a new International Monetary Fund (IMF) EEF program, CNN reported quoting Ukrainian Finance Minister Sergii Marchenko.
March 27, 2023 09:15 am
BEIJING, March 27: International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector.
October 24, 2022 18:20 pm
KATHMANDU, Oct 24: The International Monetary Fund (IMF) has released a new projection of Nepal's economic growth rate of 4.2 percent in 2022.
February 26, 2022 16:04 pm
WASHINGTON, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Friday this week's events in Ukraine are "a matter of grave concern," warning that the repercussions of the conflict pose "significant economic risks" in the region and around the world.
April 15, 2020 13:20 pm
KATHMANDU, April 15: The International Monetary Fund (IMF) has also sharply lowered Nepal's growth forecast in response to the COVID-19 pandemic that threatens to wreak havoc on the global economy.
April 4, 2020 10:40 am
WASHINGTON/GENEVA, April 4: The coronavirus pandemic has brought the global economy to a standstill and plunged the world into a recession that will be “way worse” than the global financial crisis a decade ago, the head of the International Monetary Fund said on Friday, calling it “humanity’s darkest hour.”
October 31, 2019 00:30 am
NEW YORK – A cloud of gloom hovered over the International Monetary Fund’s annual meeting this month.
October 20, 2019 11:02 am
KATHMANDU, Oct 20: The International Monetary Fund (IMF) has recommended the government to contain domestic demand pressures in the country that would allow safeguarding external stability and to maintain financial sector stability.
May 13, 2019 13:12 pm
ISLAMABAD, May 13: The Pakistani government and the International Monetary Fund (IMF) have reached an agreement on a bailout package for Pakistan; international media reported.
April 10, 2019 09:23 am
KATHMANDU, April 10: The latest edition of the World Economic Outlook (WEO) from the International Monetary Fund (IMF) has projected Nepal’s economy to grow by 6.5 percent in the current fiscal year – FY2018/19.
December 14, 2018 09:00 am
KATHMANDU, Dec 14: The International Monetary Fund (IMF) has made an upward revision to its forecast of Nepal’s economic growth rate to 6.5 percent, from 5 percent that it projected in World Economic Outlook published earlier in October.
October 10, 2018 09:58 am
KATHMANDU, Oct 10: The International Monetary Fund (IMF) has kept economic growth projection for Nepal for the current Fiscal Year 2018/19 unchanged at 5 percent.
September 15, 2018 13:00 pm
TEHRAN, Sept 15: According to a recent report by the International Monetary Fund (IMF), Pakistan ranks among the top three countries with acute water scarcity. UN agencies like United Nations Development Program (UNDP) and Pakistan Council of Research in Water Resources (PCRWR) have also sounded alarm bells that Pakistan, which has the world’s fourth-largest rate of water usage, might run entirely dry by 2025.