Brussels – The International Monetary Fund (IMF) warned that if the country’s sovereignty is to be protected, cryptocurrency should not get the status of official currency or legal tender. Doing so would threaten the nation’s economic stability or lead to a spike in inflation. Besides, the IMF has urged the concerned countries to make strict […]
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Washington – Rising interest rates, the crisis in the banking sector in the US and Europe, and growing differences at the geopolitical level have shaken the stability of the global economy. This impacts the economy’s development, and the world economy’s growth rate will remain around three percent for the next five years, warned IMF (International […]
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New Delhi – The IMF has prepared a report titled ‘Staking up the Benefits: Lessons from India’s Digital Journey’, which praises India for creating the digital infrastructure of global standard. India has changed the lives of millions of Indians and helped transform the economy. The IMF advises other countries to learn from India. India initiated […]
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Islamabad: Pakistan’s foreign reserves have fallen to the lowest level in the last ten years, leaving only three billion dollars in the country’s treasury. This will enable Pakistan to import in only a few days. The Prime Minister of this country complained that while Pakistan’s economy is in crisis, the International Monetary Fund has stalled […]
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Islamabad: The International Monetary Fund announced that Pakistan would not get a fresh loan unless it accepts the previously accepted condition of raising fuel and cooking gas prices. After this, the troubled Prime Minister of Pakistan has indicated that his government would take this decision to save the country. Prime Minister Shehbaz Sharif claims to […]
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New Delhi: Crises like flaring inflation at the global level, conflict in Ukraine and tensions in the Taiwan Strait have encircled the global economy. Simultaneously, the economies of all the major countries, including the US and China, have declined due to a disrupted supply chain. Even in such a situation, the global developments will not […]
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Buenos Aires: – Repercussions of the agreement signed by Argentine President Alberto Fernandez with the International Monetary Fund (IMF) for loans worth billions of dollars are being felt in the Argentine capital Buenos Aires. Thousands of people are protesting against this loan agreement with the IMF. The protestors demanded that they do not want a […]
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Washington/ Beijing: The ongoing trade war between US-China is no longer a mere threat to the global trade war crisis. The impact of this war on the economy is already visible,’ saying, so the International Monetary Fund has predicted a decline in the global economy next year by 0.8 %. For the second time in […]
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Washington: ‘The International Monetary Fund feels that the trade tensions should be resolved to the satisfaction of everyone. It assumes significance against the background of the currently raging US-China trade war, as it has threatened the global economy,’ the IMF chief Christine Lagarde warned. At the same time, she cautioned both, the United States and […]
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Dubai: Deterrent effects of the US sanctions are apparent in the Iranian economy. The crisis in the Iranian economy will continue for the second consecutive year and by this year-end inflation will reach 40%, warned the International Monetary Fund (IMF). IMF has claimed in its annual report that the harsh US sanctions against the Iranian […]
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