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Coronavirus
HIGH Source: covid.gov.pk
Pakistan Deaths
27,327
8124hr
Pakistan Cases
1,227,905
1,89724hr
4.1% positivity
Sindh
451,448
Punjab
423,670
Balochistan
32,772
Islamabad
104,348
KPK
171,589

IMF

Big economies agree to boost IMF funding, Georgieva says
World

Big economies agree to boost IMF funding, Georgieva says

  • "We finally last Friday at the G20 meeting got a green (light) to work on a new SDR allocation," Kristalina Georgieva said during the IMF's African Fiscal Forum, broadcast online.
  • "500 billion - in which each and every member of the IMF would receive its own share immediately contributing to reserves," she said, without specifying the currency unit.
Published 02 Mar, 2021 09:21pm
France flags G20 consensus on tax reform, IMF SDRs, debt
World

France flags G20 consensus on tax reform, IMF SDRs, debt

  • Le Maire said talks on rewriting decades-old rules on cross-border taxation needed to wrap up by summer and that a new allocation of International Monetary Fund (IMF) special drawing rights, along with a new G20 framework to ease poor countries' debt, were needed.
Published 26 Feb, 2021 09:21pm
IMF prior conditions
Editorials

IMF prior conditions

EDITORIAL: No definite date has been set for the International Monetary Fund (IMF) Board approval of the staff-level...
Published 24 Feb, 2021 05:24am
IMF says COVID-19 might widen wealth differences in Europe
World

IMF says COVID-19 might widen wealth differences in Europe

  • She said in the 27-nation EU, countries that are traditional tourist destinations, such as Spain, Greece, and Italy, contracted more than 9% in 2020 compared to an average contraction of 6.4% across the bloc.
  • According to IMF forecasts, by the end of 2022, per capita income for central and eastern Europe would be 3.8% below pre-crisis projections, compared with a shortfall of just 1.3% for advanced EU economies.
Updated 22 Feb, 2021 10:06pm
Editorials

Circular debt management

EDITORIAL: Now that a staff-level agreement has been reached between the government and the International Monetary...
Published 21 Feb, 2021 05:10am